Trading Bougainville Copper (ADRs) 867948

..sich wirklich bewegen wird sich auf dieser Insel erst etwas, wenn

erstens die Bevölkerung von Bougainville erkennt, das PNG dieser Insel möglichst viele Steine auf den Weg zu deren Insel-Autonomie legt (O-Neil mag seriöser sein als seine Vorgänger, aber letztlich ist auch er ein PNG-Machtpolitiker)

und zweitens, wenn die Inselbevölkerung bei Maßnahmen gegen PNG und auch bei wirtschaftspolitischen Maßnahmen für eine Unabhängigkeit zusammenhält.

Beides ist aktuell leider keine Realität. Daher ja auch die vielen Gespräche vor Ort..
da müssen zig-Tausend Insel-Leute inhaltlich "abgeholt" bzw. überzeugt werden. Demokratie wie wir sie kennen ist da unten in deren Kultur nun mal völlig unbekannt.

Jedenfalls, den heißen Bürgerkrieg "PNG gegen Bougainville" hat die Bevölkerung von Bougainville trotz höchster Verluste gewonnen. Der kalte Krieg zwischen diesen beiden Kontrahenten ist noch nicht entschieden! Das alleine ist die ganze Wahrheit, so einfach kann ein bottleneck auf den Punkt gebracht werden.

Und die Big-Play-Zocker wissen das alles auch, und spielen mit dem BCL-Kurs..  
Müßig und ziemlich akademisch sich darüber zu unterhalten, nach welchen Strategien sich das Zocker-Spiel bzw. die Zocker-Spiele abspielen.
Bei diesen Dimensionen (Multi-Milliarden-Rohstoff-Vorkommen + 400Millionen-BCL-Aktien + zig-Millionen-ehemaliger-Short-BCL-Aktien) werden nun mal alle Register gezogen, mit denen Mann weitestgehend legal oder doch zumindest nicht beweisbar illegal an der Börse Kohle machen kann.

Im Jahr 2015 fängt der Autonomie-Prozess offiziell an.
Meine (aktuelle) Prognose ist, dass in diesem Jahr 2015 die Inselbevölkerung beide oben genannte Problempunkte realisiert..  weil, da wird dann endgültig jedem klar sein, das Unabhängigkeit nur mit Kohle in der (Insel-)Tasche geht..
und dann werden beide open issues solved and delivered.

Wer keine Nerven für ein solchen Pokerspiel hat oder kein Sitzfleisch..  Leute, warum tut ihr euch das an? Kauft doch einfach Wertpapiere von so etwas langfristig erfolgreiches wie z.B. Linde und Co?  

Dass den Bankstern jede S**erei zuzutrauen ist wenn es ihren Interessen dient gehört ja inzwischen zum Allgemeinwissen.

Dass es 2 JPM Positionen in den TOP 20 gibt kann jeder im GB nachlesen.

3.) JP MORGAN NOMINEES AUSTRALIA LIMITED LOCKED BAG 20049, MELBOURNE VIC, 3001 CASH INCOME A/C 51,537,513 Shares 12.85%

und

8.) J P MORGAN NOMINEES AUSTRALIA LIMITED LOCKED BAG 7, ROYAL EXCHANGE
NSW, 1225 2,119,438 Shares 0.53%

Insgesamt gibt es ca. 1523 von JPM aufgelegte Fonds, ein  CASH INCOME A/C ist aber zumindest offiziell nicht darunter.

http://www.jpmorganassetmanagement.lu/ENG/Fund_Explorer

Nur mal angenommen dass die Pos. 8 (2,119,438 Shares) dazu dient das Tagesgeschäft (Käufe,Verkäufe, Zu-u. Abflüsse z.B. durch Eintragungen ins Shareregister) zu bewältigen.

Was spricht dann dagegen die unter Pos. 3 angegebenen CASH INCOME A/C 51,537,513 Shares zu Kursen von 1,5-2 AUD in die Depots der Fondskunden gepackt zu haben?

Danach wird der Kurs nach unten gedrückt, der Fonds verkauft Böcke, den Fondsinhabern werden die Verluste "gutgeschrieben" u. JPM u. Co kaufen die Böcke günstig zurück. Dass man gleichzeitig auch noch von entnervten Kleinanlegern billige Shares abgreifen kann ist ein angenehmer Nebeneffekt mit dem fehlende ADRs kompensiert werden können.

Man erinnert sich noch dass der grosse Zampano bei der Cancelung des ADR Programms schon freudig den kurz bevorstehenden Shortsqueeze ausgerufen hatte.Doch so blöde, durch Short-Eindeckungen am Markt für eine Kursexplosion zu sorgen (welche noch zusätzliche Käufer anlockt) sind die Nominees natürlich nicht. Eine Zermürbungstaktik durch fallende Kurse ist ungleich vielversprechender und auch kostengünstiger.

Ist das die Entscheidung bez. Verabschiedung der Mining Policy durch das ABG im Juni mit anschliessender Uebertragung der Mining Power beim nächsten JSB Meeting?

Dann hätten wir am Freitag die Tiefstkurse gesehen. ;-))))))))

17TH UNITES TWO LEADERS

http://bougainville.typepad.com/newdawn/2013/05/...-leaders-meet.html

By Aloysius Laukai

Today’s celebration to commemorate MAY 17th has made two leaders meet eye to eye in Arawa this morning.
The ABG President, DR. JOHN MOMIS and the former BRA General SAM KAUONA in the past weeks have been making statements opposing each others ideas concerning section 23 of the Bougainville Constitution which talks about land ownership on Bougainville.
But today’s celebrations made the two Bougainville leaders meet at the OUR LADY OF MERCY CATHOLIC CHURH in Arawa this morning.
They then marched with the Bougainville combatants from the church to the Independence Oval in which the two leaders addressed the crowd.
The two leaders also witnessed the sharing of specially prepared food for the fighters at the THREE ROCKS Club in Arawa town.
According to the ABG President, DR. JOHN MOMIS the MAY 17th can also unite the rest on Bougainville to focus on their main goal of attaining Independence for Bougainville by working together as one united people of Bougainville.

John Maynard Keynes “Markets can remain irrational longer than you can remain solvent.”

Deshalb: Nie das Money Management ausser acht lassen.  

Schon lange nicht´s mehr von den großen Ohren gehört...  

Es interessiert in Australien bisher niemanden.
Lediglich 3000 Stück gehandelt.  

wen stört es? Mal ein paar aggressive Order einstellen, das könnte mal Belebung bringen...  

hier mal eine Beschreibung eines Nominee:

http://www.ad-hoc-news.de/nominee--/de/Boersenlexikon/16332064  

http://www.finanz-lexikon.de/nominee_3637.html

also wenn man das richtig liest, sind Nom STROHMÄNNER.....
es stellt sich nunmehr die Frage für wen????  

 

........sich Momis u. Kauona nun bez. der Section 23 der Verfassung auf eine neue gemeinsame Mining Policy  geeinigt haben darüber schweigt sich der Artikel aus. Er berichtet lediglich dass es in den Wochen vorher Differenzen gab.Das könnte heissen dass es jetzt keine mehr gibt was bedeuten würde dass eine im Sinne von Morumbi modifizierten Mining Policy die volle Zustimmung des ABG Parlaments gehören könnte.

ob Momis seine Bürger schützen will, oder Kauona. Lässt er Morumbi machen, dann gehts wohl auch in unserem Sinne schneller vorwärts, andererseits "verkauft" er dann die Landeigner der Morumbigebiete. Wenn die dann merken, dass Sie über den Tisch gezogen wurden, dann muss er sich wohl die Frage gefallen lassen, warum er dies zulassen konnte. Vielleicht gelingt es dann Kauona noch die Schuld auf Semple zu schieben, ansonsten wirds für Ihn dann wohl auch "unangenehm".

Aus dieser Sicht, wird er wohl den Morumbideal eingehen - dürfte in der Gesamtheit der zielführendste Weg mit den geringsten Kollateralschäden sein. Zudem bieten sich Kauona und Semple hervorragend an, zukünftig die Rolle der Schuldigen zu übernehmen.  

gehe ich grundsätzlich von einem positiven Ergebnis aus, nicht umsonst wurde parallel zu diesem Treffen ein landesweiter Feiertag ausgerufen, was kein Zufall war.
Evtl. hat man sich schon auf einen "Kuhhandel" geeignet. Sprich Kauona and Friends bekommen einen Stück vom Kuchen (Panguna) ab, z.B. Betrieb der Energieversorgung für die neue Mine, oder einen sonstigen Geldwerten Vorteil. Über die Investitionsbank stehen dazu ja ausreichende Mittel zur Verfügung...  

wahnsinn dieser Umsatz ein Trauerspiel und sonst nichts dieses Papier
ne ne soll sich die Finger verbrennen wer will ich nicht.
Bergbau da weis man nie ob die ing. etwas taugen!!
NUR MEINE MEINUNG   bk1  

Glückwunsch zu Deiner komfortablen Situation …

… und danke für Deine ungeschminkte Darstellung der möglichen zeitlichen Perspektive!

   

- „Ich denke, dass es bis 2038 klappen sollte. So einfach sehe ich das.“

Da sind wir mit unserer Einschätzung ja relativ nahe beieinander, wer hätte das gedacht …

… was mich bestätigt in meiner Annahme, dass nicht wenige der hier aktuell Aktiven den Start nicht mehr erleben werden.

Im Übrigen und um mögliche sich darauf stützende Einwände einiger Rosarote-Brillen-Träger zu relativieren: Bezüglich des ursprünglich von 2015 bis 2020 projektierten Autonomieprozesses sollte man sich nicht allzu viel erhoffen und realistischerweise davon ausgehen, dass auch dieses Datum sich deutlich nach hinten verschieben wird – wie fast alle bislang auf Bougainville avisierten Termine.

Btw: In diesem Zusammenhang wird auch nachvollziehbar, dass bei dem o. g. Zeitrahmen aktuell kein Fondsmanager daran denkt, bei BCL einzusteigen. Wie wollte er seinen Kapitalgebern wohl glaubhaft begründen, in ein Projekt zu investieren, in dem ihr Einsatz möglicherweise Jahrzehnte brach liegt – und dies bei höchst ungewissem Ausgang? Mit einem solch netten Satz wie „Auf die paar Jahrzehnte …“ wohl eher nicht …

               

Schöne Woche und schönen Restmai!

 

 

.......as best development option for PNG

http://ramumine.wordpress.com/2013/05/21/...velopment-option-for-png/

Australia hosts mining transparency conference

Jemima Garrett [annotated by PNG MW]

Australia’s Government is this week hosting two international conferences which [it claims] aim to improve mining transparency and governance. [Or is it really all about promoting Australian mining companies?]

The International Mining for Development Conference, which has just opened in Sydney, is part of a $127 million [boomerang aid] initiative.

Parliamentary Secretary to Australia’s Prime Minister, Andrew Leigh, told more than 600 delegates from 69 countries that Australia wants to be part of the solution to mining-related problems facing developing countries.

   “Australia stands willing and able to help other countries however we can, whether through efforts to improve the lot of indigenous communities, ensure protection of the environment and worker safety or improved governance,” he said.

   [But we will actually do nothing to stop our mining companies dumping toxic tailings in your rivers and oceans despite the fact it would be illegal here...]

Delegates from some countries said that even with royalties received from mining on their land, life doesn’t necessarily improve.

Head of Papua New Guinea’s Family and Sexual Action Committee, Ume Wainetti, said the royalties sometimes amounted to “a lot of money”, but when shared amongst individuals it was “not much to live on.”

   “Many women on the island sell firewood, even husbands prostitute them when they don’t make enough money,” she said.

   [Save your breath Ume - they ain't listening...]

Head of the British Government’s Aid Agency, Mark Lowcock, welcomed Australia’s hosting later this week of the Global Conference of the Extractive Industries Transparency Initiative.

   “In order to lift millions of people out of poverty, we need to find ways to make sure that transparency and accountability are the norm everywhere,” Mr Lowcock said.

   [What a load of bullshit: mining is about making profits for foreigners, not lifting people out of poverty...]

He said Britain hoped Australia would use its upcoming role in the G20 to increase the momentum [so not actually do anything then] for improved mining governance and transparency.

   “We very much hope that you will be able to take forward this work during your leadership, not least given your expertise in this key sector.

   [Australian expertise in what exactly - robbing PNG of its wealth; caring for its own indigenous people?]

Outside the conference venue, protesters from Aid-Watch made it clear they do not support the Mining for Development initiative.

Director of Aid-Watch, Thulsi Narayanasamy, said the group received support from around 50 delegates who came to speak to them after the conference.

   “What’s been interesting is that today, here, the delegates have come outside saying ‘But we though that Australians really love mining’,” she said.

   “They were quite surprise actually to hear that actually this isn’t the case

The two leaders actually met eachother already on Tuesday the 14th in the President's office. Coming out of this meeting was an agreement to urgently proceed to formulate a mining policy that contains a legal and economical model that accomodates all legitimate interests.

Following the meeting, Sam Kauona wrote a letter to the President that sets out a time schedule. Today a technical committee will be formed from representatives of BRORC, ex-combattants etc. and presented to the ABG Mines Department. The committee will be tasked to engage with the Mines & Legal Departments to review the two draft mining policies: the one from Momis/Regan and the one from BRORC. The objective is to craft a document that satisfies and respects the requiremnets of the Constitution and that contains an economic model that is fair to the resource owners, the ABG and all other Bougainvilleans.

They are pushing ahead fast as a follow-up meeting is scheduled late this week in Buka. Once the issue of section 23 is established as the foundation statement in the mining policy, the BRORC policy flows smoothly and is largely done as it already contains the economic model.

This is absolutely great news for Morumbi as the dynamics have totally changed and more opinion leaders are  coming to the fore in favour of BRORC. They are even showing their gratitude for Morumbi helping to educate them as to the ramifications of the Regan policy.

Momis has already confirmed that if the new mining policy will not be ready in time for the Parliament vote in June, he can a special sitting to present it. Momis has finally made a U-turn and will compromise in favour of the BRORC model. This means that Morumbi will get its first mining license either in June or shortly after.

Market Depth for BOUGAINVILLE COPPER
as at 10:00:04 AM Tuesday, May 21, 2013

BOUGAINVILLE COPPER Trade Summary - Status  
Last Change % Volume Trades Open High Low
0.490 -0.010  -2.00 1,000 1 0.490 0.490 0.490
Last Traded 1,000 @ 0.49 - 09:59:57

BOUGAINVILLE COPPER Market Depth
BOC Buyers
Level Buy Quantity Price
1  1 10,000 0.475
2  1 10,000 0.450
3  1 50,000 0.400
4  1 1,000,000 0.290

BOC Sellers
Price Quantity Sell Level
0.490 5,000 1 1
0.500 25,300 2 2
0.550 26,898 3 3
0.580 10,650 2 4
0.630 27,600 1 5
0.650 30,000 2 6
0.680 1,000 1 7
0.700 80,000 1 8
0.770 1,000 1 9
0.790 1,000 1 10
0.800 1,000 1 11
1.000 10,000 1 12
3.330 15,000 1 13
3.620 40,000 1 14
5.550 15,000 1 15
30.000 80,000 1 16

.........in Africa, Asia with more transparency

Rowan Callick | 
The Australian 


THE government of Afghanistan has developed a plan to replace aid —  which today supplies 61 per of its budget — by its booming resource  industry within a decade.

The country’s Mines Minister, Wahidullah Shahrani, yesterday told a  Sydney conference on Mining for Development that this was the path  through which Afghanistan could shift from being heavily dependent to  “standing on our own feet”.

Many other mining ministers from emerging countries are also  participating in the AusAID-organised conference, including Myint Aung  of Myanmar, Esperanca Bias of Mozambique, Michael Oni of autonomous  Bougainville and those from Ethiopia, Madagascar, Solomon Islands and  Uganda.

Graeme Hancock, the president of Anglo American in Mongolia, who has  also worked for the World Bank and for 16 years in Papua New Guinea  including as national mines director, said that to bring about the best  results from mining, “prescriptive legislation is ultimately doomed to  failure”.

The best outcomes, he said, came from creating a process that  involved the whole community in developing resources. This was even more  important, he said, than achieving “outcomes”.

Transparency was also a process, Hancock said. “It is not an event” —  which cannot be contained by a meeting that lasts a day or two.

He said that responsible companies wanted well-drafted, and  implemented, legislation and regulations, because “they don’t want to be  dragged into the mire because other miners are allowed to create a  mess. That destroys the licence to operate for us all.”

He said that in the developing world, miners might be expected to  take on roles well beyond their core business — such as setting up  schools or clinics — raising the question: “Where does this end, and tax  begin?”

But the companies often had logistics capabilities “far exceeding a  government’s capacity to deliver”, he said — and could thereby help  create a conducive environment to operate in.

He gave the example of how Placer Pacific helped the PNG government  wipe out debilitating elephantiasis disease on Misima island, where the  company was then running a goldmine.

Peter Baxter, director-general of AusAID, said that “by far the  biggest contributor to (the massive recent global) reduction in poverty  has been economic reform that allows the private sector to flourish and  growth to occur”.

Over the past decade, he said, developing countries’ share of world  trade in minerals had risen from less than a third to almost half. In  2009, African natural resource exports were worth $246 billion, six  times more than total aid. And 230 Australian mining companies were now  operating in Africa, he said. “We are a world leader in mining and we  want to use our aid program to share our experiences, knowledge and  skills with others.”

Andrew Leigh, parliamentary secretary to the Prime Minister, said the  “resource curse” had meant some countries with more resources had lower  growth rates and weak democracies, with “mineral endowments being  easier for non-democratic leaders to expropriate than income from other  sources”. He said such a curse could be turned into “a new resource  blessing” through measures to defeat corruption and promote  transparency.

.......that their destiny lies in their own hands.

http://www.postcourier.com.pg/20130521/news16.htm

Peaceful Remembrance

By DAVID LORNIE in ARAWA

THE Remembrance Day celebrations in Arawa, Bougainville, on Friday May 17 confirmed the people are moving forward in the peace process.
A trouble-free day was enjoyed in Arawa where the main events were held.
Bougainville President Chief John Momis travelled from Buka for the occasion which started in the early hours with a dawn service to honour the fallen.
The events continued at Three Rocks club where food was distributed to those in attendance.
Former Bougainville Revolutionary Army strong men Ishmael Toroama and Sam Kaouna addressed the crowd, encouraging them to remember their history.
A fired-up Kaouna told those in attendance that the Conflict, the Civil War in which many lives were lost, was borne of many years of repression.
The flash point for the War, he reminded his people, was the Panguna copper mine.
Toroama’s inspirational speech rallied his fellow Bougainvilleans to the cause of self-determination.
Lives have been lost, he said. Blood flowed and this must not come cheaply. As a key player in the armed defense of Bougainville, Toroama knows this better than most.
The night was concluded with Toroama cutting cakes which he distributed to all, the symbolism obvious.
There is a positive feeling amongst Bougainvilleans that their destiny lies in their own hands.
There were no representatives from Bougainville Copper Limited at the celebrations.
This is the company currently negotiating to re-open the Panguna copper mine.
Meanwhile, hardliner rebel commander Moses Pipiro told this newspaper that Remembrance Day must be known as Independence Day as this is why his people fought their ten-year war. (see separate story).  

keine Ahnung, ob Axel mit den 1,1 mio bei 0,29 drin ist, was ich mir gut vorstellen könnte. wenn er es nicht ist, könnte mir ebenso vorstellen, das die bedient werden und der kurs in die 0,3x au$ region gedrückt wird. mal sehen, wie darauf die zittrigen Hände reagieren...  

... mir mal Position nach DE transferiert, um zwischen AUD 0,30 und AUD 0,40 noch einmal ein bißchen einkaufen zu können, ... falls der Kurs dort hin fällt...... Und dann hilft nur noch der liebe Gott! ;-))))  

http://bougainville.typepad.com/newdawn/2013/05/...ident-dr-john.html

By Aloysius Laukai

The former BRA General, SAM KAUONA last week thanked the ABG President DR. JOHN MOMIS for supporting former combatants celebrate MAY 17th to commemorate and honor former BRA and Resistance fighters and of course the PNGDF soldiers who also died during the Bougainville conflict.

MR. KAUONA made these remarks at the MAY 17th Remembrance Day celebrations in Arawa last Friday.

He told the gathering that the stolen properties since time immemorial has been taken back by the Bougainville Government through its Constitution.

MR. KAUONA said that with the support of the ABG these stolen rights has been returned to the original landowners.

The celebration had three flags, one for the Solomon Islands on the left, Bougainville flag in the middle and the PNG flag on the right.

The former fighters gave gun salute after individual National anthems were sung by the students of the Arawa High School.

Mekamui still intent on self government
Quelle: Post Courier, 21.5.2013

PANGUNA Mekamui commander Moses Pipiro, in an exclusive interview with Post-Courier, has called for the May 17 Remembrance Day commemoration in Bougainville to be known as Independence Day. Currently, Bougainville celebrates May 17 as Remembrance Day for lives lost during the 10-year Civil War.

The reclusive Panguna commander, who is a hardliner on Bougainville Independence, said we must remember that blood was spilt for this cause during the 10-year Conflict. Commander Pipiro organised his own Independence Day celebrations in Panguna on May 17 and over 1000 people attended.
Speaking from his mountainous stronghold, Commander Pipiro told this newspaper in Tok Pisin: “We of the BRA (Bougainville Revolutionary Army), when the revolution came up, we fought against the PNGDF (Papua New Guinea Defence Force) - we won a military victory against PNG and the PNG Government.” He said this has earnt his people the right to Independence. May 17, Remembrance Day, must recognise this.

Commander Piporo said the issue of Independence is central to the peace process. And, whilst he is a strong supporter of the ongoing discussions, he has not forgotten what his people died for. The Commander expressed his solidarity with the other ex-Bougainville Revolutionary Army commanders on the ground and also said the ABG was heading in the right direction for a peaceful Independence process.

Commander Pipiro, who does not venture out of the area he controls - guarded by a manned roadblock - said, “We have resources here but the outstanding royalties, we have to address this issue.” Strong words.

The Bougainville Civil War was triggered by dissatisfied landowners who, in the 1980’s, felt alienated on their own land. The Independence movement grew from this and a desperate PNG Government, fearing the loss of its main revenue source - the giant Panguna copper mine - declared war on its own people. It is reported that over 20,000 people died in this 10-year conflict - many of them women and children.

The mine’s former operator Bougainville Copper Limited is currently making a determined push to re-open the mine, lobbying the Autonomous Bougainville Government and landowners alike. Their representatives have been in Buka, Bougainville’s regional capital, recently.
The road ahead for them is now not as simple as it was in the 1970s when they first came.  

.........for stake in Fiji gold miner.

http://ramumine.wordpress.com/2013/05/20/...stake-in-fiji-gold-miner/