Trading Bougainville Copper (ADRs) 867948

BID/ASK 3.15/3.16 USD/lb http://www.kitcometals.com/

Laut BCL ist man bei einem lb Preis von ca. 2USD schon in der Lage äusserst profitabel zu produzieren.

Bei einer Jahresproduktion von 180000 To ergibt sich zu akt. Kupferkursen also ein gigantischer Gewinn ;-))))))))))  

.........sind effektiv "nichts wert" solange man dazu keinen Zugang hat.Genau diesen Fakt spiegelt z. Zt. auch der BOC Aktienkurs wieder. Beim Beginn der Verhandlungen zu einem neuen Bougainville Copper Agreement wird BCL im Vorfeld seine Pangunamine besichtigen und so "auf einen Schlag" in den Besitz von Reserven von 40 Milliarden USD zurückkehren.(von den 7 zusätzlichen Lizenzen welche einen noch höheren Wert haben mal ganz zu schweigen ;-)))))))))

Kommt es dabei wie erwartet zu einer BOC/RIO Meldung an die ASX so wird BCL ganz automatisch in den Fokus der australischen Anleger rücken.

Interessant in diesem Zusammenhang ist die Frage nach dem Grund wieso  Mitte 2009,also genau zu dem Moment als die Bestrebungen vom damaligen Präsidenten James Tanis begannen die Wiedereröffnung der Pangunamine voranzutreiben die ADR Emmittenten das ADR Programm cancelten.

Eine logische Antwort auf die Frage könnte unter http://www.treasury.gov.au/documents/1446/PDF/..._Financial_Group.pdf

zu finden sein.Die ASX Business Rule 19.5 wurde eingeführt weil in "Stocks like Bougainville Copper" bedeutend über 10% aller Aktien (also weit über 40 Millionen Aktien) in Au ausgeliehen und in USA verkauft wurden (als ADR's?) aber nicht effektiv transferiert wurden.(damalige VK Kurse 5-7 $)

Aus der Major Shareholderliste geht indes hervor dass 95% aller Aktien (+ - 380 Mill) sich schon seit Jahrzehnten in festen Händen befinden,so dass ein covern dieser Shortpositionen am Markt bei den geringen BOC Umsätzen ein Ding der Unmöglichkeit war/ist.

Was läge da näher als sich durch die Einstellung des ADR Programms zumindest mal die nicht getauschten ADR Stücke zu sichern.Wurden im Laufe der letzten 12 Monate insgesamt rd. 15 Millionen BOC Aktien  in AU umgesetzt so waren es seit Ende Januar (der Einstellung des ADR Programms) knapp 12 Mill. St.

http://www.tradingroom.com.au/apps/qt/...amp;sy=tpl&code=BOC#tabs

Die Tauschunwilligen ADR Besitzer wurden dabei mit knapp 0,5 AUD abzüglich 5 ct Gebühren abgefunden.Bei aktuellen Kursen um 0,70-0,75 AUD immerhin schon ein Gewinn von rd. 50%

Sollten also noch weiterhin grössere Shortpositionen der ADR Emmittenten existieren so könnte ich mir vorstellen dass diese Positionen bei einer zu erwartenden KE aus nicht gezeichneten Stücken gecowerd werden könnten.

Auffällig auch wie von Longwilli beobachtet das plötzlich im AU Orderbuch auftauchen von für BOC Verhältnisse "grossen" VK Orders.100-150 K 1-5 Ct über dem aktuellen kurs.

Wer glaubt denn ernsthaft dass Aktionäre,welche Jahre,z.T. jahrzehntelang an ihren BOC Positionen festgehalten haben sich genau in dem Moment wo sich die Wiedereröffnung konkretisiert von ihren Stücken trennen wollen.

Das ist wie gesagt nur meine ganz persönliche Meinung.  

natürlich hast Du Recht, wenn ... es denn so kommt,

die Bewertung der Panguna-Reserven ist sicher grundsätzlich unstrittig, die Bewertung der anderen weiteren Lizensen tendenziell sicher auch nicht,

allerdings gibst Du damit auch erstmalig zu, dass der Wert der Resourcen vom Zugriff auf diese abhängt,  Zitat: "... sind effektiv "nichts wert" solange man dazu keinen Zugang hat",

und damit kommen wir zu dem Hauptthema, solane hier nichts konkretes passiert, wird auch der Kurs nicht anders aussehen, zugegeben,

anderes Thema,

die offensichtlich doch wohl glatte Abwicklung der ADR-Tauschaktionen - ich lasse mich da gerne eines besseren belehren - spricht wohl eher Bände,

einige ADR-Holder (-Tauscher) haben sich sicher durch den Wechsel der Depot-Bank des Problemes genauso entledigt wie ich,

Gruß joebo  

25.07.2010

Source: Bougainville Copper Limited, updated by the ESBC

Erfahren Sie hier, wem Bougainville Copper Limited gehört !

 

soll vom Minister für Bougainviller Angelegenheiten im PNG Parlament Fidelis Semoso forciert werden.

http://bougainville.typepad.com/newdawn/2010/07/...lis-semoso-sa.html

260710 SEMOSO READY
By Aloysius Laukai

Bougainville Regional member and Minister for Bougainville Affairs, FIDELIS SEMOSO says that he will fast track issues that needs to be addressed during his remaining term in parliament.
He was speaking at the welcome ceremony to welcome as the new Minister for Bougainville Affairs after he was sworn in last week.
MR. SEMOSO said that as the new Bougainville Affairs Minister he wants to work closely with the ABG to address the draw down of Powers to Bougainville and other outstanding issues.
He promised to work with the Prime Minister to make sure promises he made to put impact projects on Bougainville are honoured.
He mentioned the sealing of the Buka to Buin Highway and the completion of the Buka ring road.
The new Bougainville affairs Minister also said that he would be aligning the work of the Bougainville Affairs office in Port Moresby to concentrate more on programs on Bougainville.
He called on the ABG to work with his office instead of going direct to the National Government on issues that can be solved through his office.  

......last Friday welcomed the arrival of the newly appointed Minister for Bougainville Affairs, FIDELIS SEMOSO at the Buka airport.
In a special ceremony the chiefs thanked Prime Minister CHIEF MICHAEL SOMARE for recognising the member and appointing him as the new State Minister for Bougainville Affairs.
The chiefs said that now Bougainville has two members in the NEC which would greatly help the people of Bougainville.
Speakers at the ceremony include the ABG Vice President, PATRICK NISIRA and the Council of Elders Chairman ROMEO TOHIANA and the Acting Chief Administrator, RAYMOND MASONO.
The Vice President PATRICK NISIRA said that the ABG would be working with the new minister on developments for Bougainville.
MR. NISIRA in his speech also called on the new member to make sure Buka becomes an electorate as a bonus for creating and stability after the Bougainville conflict.
He said Buka island has the same population like Manus and should be given one electorate status to have one Open member after the 2012 elections.

http://bougainville.typepad.com/newdawn/2010/07/...comed-the-arr.html  

Diese Umfrage zur möglichen Öffnung der Panguna Mine soll eine Momentaufnahme der Stimmungg der Anleger sein.

Es wäre interessant, wenn möglichst VIELE an der Abstimmung teilnehmen.
Vielen Dank

http://www.ariva.de/forum/voting/results.m?votingid=6940  

....da scheint ja in der letzten Handelsstunde förmlich Kauflaune aufgekommen zu sein mit 105k Umsatz. Bis auf 1.254 Stück zu 77 ist alles abgeräumt, gut 10k gibt´s erst wieder zu 84c. Auch wenn das Buch morgen wieder anders aussehen kann, ist das ein netter Lichtblick....  

http://cb.iguana2.com/netwealth2/depth/boc  

http://www.godmode-trader.de/nachricht/...-Comex-Kupfer,a2243285.html

Bei den Rohstoffen tut sich etwas, reihenweise brechen die Commodities nach oben aus. Weizen, Kaffee, Kupfer, es rappelt in der Kiste.  Der seit Wochen abwertende US-Dollar und die Aussage von US Notenbankchef Bernanke, dem Markt, wenn es die Situation erfordere, weiter Liquidität zuzuführen, geben den idealen Nährboden für anspringende Rohstoffnotierungen.

Die US-Dollarabwertung dürfte übrigens mittelfristig anhalten. Vor einigen Wochen wurde der Euro noch auf den Titelblättern diverser Magazine und Zeitungen zu Grabe getragen.  Jetzt wertet der Euro wieder auf.  Der Titelblatt-Indikator hat also wieder einmal funktioniert.

 

 

 http://www.undervaluedshares.com/de/club/...E25&page=51˼

 

Au Orderbuch sieht TOP aus,ein "Funke" sollte genügen.Das könnte die Meldung zum Vollzug der Wahl des Landownersbody,eine Meldung an die ASX dass BCL die Mine besichtigen kann,das JSB Meeting mit übertragung der Miningpower an Bougainville,der Beginn der Verhandlungen über ein neues Bougainville Copper Agreement usw. sein.

Letzter Kurs in AU 0,77 AUD 0,53 €

Interessant die Trades um 2.55.07 ganz ohne irgendwelche offizielle Meldung

http://www.stocknessmonster.com/

	Trade No.	Time	Price	Volume	Value	Conditions
1	10	3:52:00 pm	77	23,746	$18,284
2	9	3:52:00 pm	76.5	1,254	$959
3	8	3:40:38 pm	76.5	600	$459	Crossed
4	7	2:55:07 pm	76.5	18,146	$13,882	Crossed
5	6	2:55:07 pm	76	40,000	$30,400
6	5	2:55:07 pm	75	2,700	$2,025	Crossed
7	4	2:55:07 pm	75	8,481	$6,361
8	3	2:55:07 pm	75	673	$505
9	2	9:59:59 am	75	4,327	$3,245
10	1	9:59:59 am	75	5,673	$4,255

Auch die Free Stock Analysis von http://www.vectorvest.com/stockanalysis/ ist nicht ohne ;-))))))))))))

BOC.AX has a current Value of $1.23 per share. Therefore, it is undervalued compared to its Price of $0.75 per share.

Summary Analysis

BOC.AX is undervalued compared to its Price of $0.75 per share, has about average safety, and is currently rated a Buy.

Graphs

Bougainville Copper Materials (Materials)

Detailed Analysis
Company Information
Business: Bougainville Copper, (BOC.AX) Bougainville Copper Limited intends to dispose of the open pit mine and processing facility at Panguna on Bougainville Island in the North Solomons Province of Papua New Guinea. The company suspended its operations in the mine in May 1989. Prior to May 1989, it produced copper concentrate containing gold and silver. The company is based in Port Moresby, Papua New Guinea. Bougainville Copper Limited is a subsidiary of Rio Tinto Limited.

Capital Appreciation

Value: Value is a measure of a stock's current worth.  BOC.AX has a current Value of $1.23 per share. Therefore, it is undervalued compared to its Price of $0.75 per share.  Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge.

RV (Relative Value): RV is an indicator of long-term price appreciation potential. BOC.AX has an RV of 1.60, which is excellent on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison of Price and Value because it is computed from an analysis of projected price appreciation three years out, AAA Corporate Bond Rates, and risk. RV solves the riddle of whether it is preferable to buy High growth, High P/E stocks, or Low growth, Low P/E stocks. VectorVest favors the purchase of stocks with RV ratings above 1.00.

RS (Relative Safety): RS is an indicator of risk. BOC.AX has an RS rating of 0.91, which is fair on a scale of 0.00 to 2.00. RS is computed from an analysis of the consistency and predictability of a company's financial performance, debt to equity ratio, sales volume, business longevity, price volatility and other factors. A stock with an RS rating greater than 1.00 is safer and more predictable than the average stock in the VectorVest database. VectorVest favors the purchase of stocks of companies with consistent, predictable financial performance.

RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. BOC.AX has a Relative Timing rating of 1.29, which is very good on a scale of 0.00 to 2.00.  RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00.

VST (VST-Vector):  VST is the master indicator for ranking every stock in the VectorVest database. BOC.AX has a VST rating of 1.28, which is very good on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinations of Value, Safety and Timing. These are the stocks to own for above average, long-term capital appreciation. VectorVest advocates the purchase of safe, undervalued stocks rising in price.

Recommendation (REC): VectorVest gives a Buy, Sell, Hold recommendation on every stock, every day. BOC.AX has a Buy recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks rising in price. They also help investors avoid or sell risky, overvalued stocks falling in price. VectorVest recommends that investors buy high VST-Vector, Buy-rated stocks in rising markets.

Stop (Stop-Price): Stop is an indicator of when to sell a long position or cover a short position.  BOC.AX has a Stop of $0.70 per share. This is $0.05 below BOC.AX's current closing Price. A stock's Stop is computed from a 13 week moving average of its closing prices, and is fine-tuned according to the stock's fundamentals. High RV, high RS stocks have lower Stops, and low RV, low RS stocks have higher Stops. In the VectorVest system, a stock gets a 'B' or 'H' recommendation if its Price is above its Stop and an 'S' recommendation if its Price is below its Stop.

GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted earnings growth rate in percent per year. BOC.AX has a forecasted Earnings Growth Rate of 41.00%, which VectorVest considers to be excellent. GRT is computed from historical, current and forecasted earnings data. It is updated each week for every stock in the VectorVest database. GRT often foretells a stock's future price trend. If a stock's GRT trend is upward, the stock's price will likely rise. If GRT is trending downward, the stock's Price will probably fall. VectorVest favors the purchase of stocks whose GRT is rising and is greater than the sum of current inflation and interest rates, as shown weekly in our investment climate report.

EPS (Earnings per Share):  EPS stands for leading 12 months Earnings Per Share.  BOC.AX has a forecasted EPS of $0.02 per share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.

P/E (Price to Earnings Ratio): P/E is a popular measure of stock valuation which shows the dollars required to buy one dollar of earnings.  BOC.AX has a P/E of 37.50. This ratio may be deemed to be high or low depending upon your frame of reference. The average P/E of all the stocks in the VectorVest database is 23.63. P/E is computed daily using the formula: P/E = Price/EPS.

EY (Earnings Yield): EY reflects earnings per share as a percent of Price. EY is related to P/E via the formula, EY = 100 / (P/E), and may be used in place of P/E as a measure of valuation. EY has the advantages that it is always determinate and can reflect negative earnings. BOC.AX has an EY of 3.30 percent. This is below the current average of 4.07% for all the stocks in the VectorVest database. EY equals 100 x (EPS/Price).

GPE (Growth to P/E Ratio): GPE is another popular measure of stock valuation. It compares earnings growth rate to P/E ratio. BOC.AX has a GPE rating of 1.36.  High growth stocks are believed to be able to justify high P/E ratios. A stock is commonly considered to be undervalued when GPE is greater than 1.00 and overvalued when GPE is below 1.00. Unfortunately, this rule of thumb does not take into account the effect of interest rates on P/E ratios. The operative GPE ratio of 1.00 is valid when and only when interest rates equal 10%. With long-term interest rates currently at 6.00%, the operative GPE ratio is 0.36. Therefore, BOC.AX may be considered to be undervalued.

Dividend Information

DIV (Dividend): VectorVest reports annual, regular, cash dividends as indicated by the most recent payments. Special distributions, one-time payments, stock dividends, etc., are not generally included in DIV. BOC.AX does not pay a dividend.

DY (Dividend Yield): DY reflects dividend per share as a percent of Price. BOC.AX does not pay a dividend, so it does not have a Dividend Yield rating. . DY equals 100 x (DIV/Price). It is useful to compare DY with EY. If DY is not significantly lower than EY, the dividend payment may be in jeopardy.

DS (Dividend Safety): DS is an indicator of the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. BOC.AX does not pay a dividend, so it does not have a Dividend Safety rating . Stocks with DS values above 75 typically have RS values well above 1.00 and EY levels that are much higher than DY.

DG (Dividend Growth Rate): Dividend Growth is a subtle yet important indicator of a company's financial performance. It also provides some insight into the board's outlook on the company's ability to increase earnings. BOC.AX does not pay a dividend, so it does not have a Dividend Growth rating .

YSG (YSG-Vector): YSG is an indicator which combines DIV, DY and DG into a single value, and allows direct comparison of all dividend-paying stocks in the database. BOC.AX does not pay a dividend, so it does not have a YSG rating . Stocks with the highest YSG values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.

Price-Volume Data

Price: BOC.AX closed on 23/07/2010 at $0.75 per share

Open: BOC.AX opened trading at a price of $0.72 per share on 23/07/2010.

High: BOC.AX traded at a High price of $0.75 per share on 23/07/2010.

Low: BOC.AX traded at a Low price of $0.72 per share on 23/07/2010

Close: BOC.AX closed trading at price $0.75 per share on 23/07/2010. (Close is also called Price in the VectorVest system)

Range: Range reflects the difference between the High and Low prices for the day. BOC.AX traded with a range of $0.04 per share on 23/07/2010.

$Change: BOC.AX closed up 0.04 from the prior day's closing Price.

%PRC: BOC.AX's Price changed 4.90% from the prior day's closing price.

Volume: BOC.AX traded 2,500 shares on 23/07/2010.

AvgVol: AvgVol is the 50 day moving average of daily volume as computed by VectorVest. BOC.AX has an AvgVol of 40,100 shares traded per day.

%Vol: %Vol reflects the percent change in today's trading volume as compared to the AvgVol. %Vol equals ((Volume - AvgVol) / AvgVol ) * 100.  BOC.AX had a %Vol of -93.77% on 23/07/2010

CI (Comfort Index): CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. BOC.AX has a CI rating of 0.73, which is poor on a scale of 0.00 to 2.00. CI is quite different from RS in that it is based solely upon a stock's long-term price history. VectorVest advocates the purchase of high CI stocks.

Sales / Market Capitalization Information

Sales: BOC.AX has annual sales of $13,000,000

Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. BOC.AX has a Sales Growth of 104.00% per year. This is excellent. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations.

Sales Per Share (SPS): BOC.AX has annual sales of $0.03 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.

Price to Sales Ratio (P/S): BOC.AX has a P/S of 23.13. This ratio is also used as a measure of valuation. Here, too, it is useful when comparing stocks within an Industry Group.

Shares: BOC.AX has 401,000,000 shares of stock outstanding.

Market Capitalization: BOC.AX has a Market Capitalization of $300,000,000. Market Capitalization is calculated by multiplying price times shares outstanding.

Business Sector: BOC.AX has been assigned to the Materials Business Sector. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.

Industry Group: BOC.AX has been assigned to the Materials (Materials) Industry Group. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.

 

..........dass VectorVest mal die Falschinfo

"Business: Bougainville Copper, (BOC.AX) Bougainville Copper Limited intends to dispose of the open pit mine and processing facility at Panguna on Bougainville Island in the North Solomons Province of Papua New Guinea."

korrigiert ;-))))))))))

Mal sehen was dabei herauskommt ;-))))

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irgendwelche "Analysten" ist unwichtig.

Wichtig ind nur zwei Faktoren :  

1. ALLE Beteiligten in Bougainville sprechen sich für Bergbau aus, um für die Menschen in Bougainville Wohlstand zu erzeugen.

2.Die US FED produziert weiter ungedecktes Geld und zwingt so die Sparer, sich Werte außerhalb des Papiergeldes als Sparmedium zu suchen.  

 

Punkt 2 scheint erfüllt - Punkt 1 ist weit gediehen.

Und "Wert pro BOC Aktie 1,23$" ist sowieso .....

Sollte es wirklich zur Öffnung kommen, werde ich liebend gerne zu 1,23$ und auch höher noch zukaufen - kommt es nicht zur Öffnung, ist 1,23$ auch nichts sagend.  

Da aber Nachrichtenlage und Orderbuch eine neue Situation anzeigen, bitte ich ALLE noch einmal, an der unverbindlichen Umfrage teilzunehmen. Die Umfrage ist anonym. Andererseits ermöglicht die Umfrage Rückschlüsse für uns alle, falls es in der nächsten Zeit zu Überraschungen kommt :

http://www.ariva.de/forum/Wird-Panguna-wiedergeoeffnet-416731

 

oder 0,86 € gefallen mir trotzdem bei weitem besser als der akt. Kurs, die Ersteinsteiger nach Swens Veröffentlichung feiern dann ihre ersten 400% +  ;-))))))))))

Wenn die Böcke bei den zu erwartenden News erstmal in Stampede übergehen gibt es vorerst kein halten mehr,auch ein automatisiertes Analyseprogramm wie VectorVest zieht dann die Kursprognose immer weiter hoch ;-))))))))))))))  

sind heute mehr als beachtlich!!!
Das letzte mal waren die Umsätzestände in Deutschland 2005 so hoch wie die heute!  

.........darf man auch erfahren wie/wo das Ergebniss weitere Berücksichtigung erfährt?

Danke.

;D))  

aus der Umfrage kann nur jeder selbst ziehen.

Für die mit mir verbundenen Personen ist die Umfrage nur ein äußerst kleiner Mosaikstein.
Geboren wurde die Idee, da sowohl ich selbst als auch die mit mir verbandelten Investoren nur sehr wenig Werte weltweit kennen, in der :
1. Aktionäre teilweise mehr als 20 Jahre investiert sind - bei faktisch brachliegender Produktion,
2.Die Firma keinerlei Kredite, sondern sogar Cashbestände hält,
3.Die Firma durch das Produkt bei Produktion z.Z. besonders in die Weltwirtschaft passen würde.

Ähnliches galt z.B. für Aktien / Anleihen aus dem ehemaligen Ostblock/ UDSSR / China sowie z.Z. noch für wenige kubanische Firmen.

Einiges haben alle diese Werte gemeinsam :
1. Wenn sich die Situation ändert, ermöglicht das ungewöhnlich hohe Gewinne.
2. Erfahrungsgemäß sind die langjährig Investierten - ich bezeichne sie als Nebeninsider - beim tatsächlichen Trendwechsel sehr langsam, da sie lange und intensiv investiert sind und schon zahlreiche "Fehlstarts" ihres Investments erleiden mußten.
3. Obwohl sie es spät umsetzten, haben die "Nebeninsider"  andererseits ein gutes Bauchgefühl für den möglichen Trendwechsel.


Zur Umfrage :

http://www.ariva.de/forum/...ie-ersten-416731?pnr=8374040#jump8374040  

;-)))))))))))))  

Ausser einigen Schlafmützen die den Tauschtermin verpennt haben u. einigen Aktionären die sich an die ESBC um Hilfe gewandt haben weil ihre Bank den Tausch versemmelt hat lief die Tauschaktion glatt (von langen Wartezeiten beim Tausch grösserer Positionen mal abgesehen.)

Das will aber nix besagen denn unabhängig davon erlaubt die ASX ganz legal Shortpositionen von 10% der Marketcap (Bei BOC also 40 Mill. Aktien) Da hätte es mich echt gewundert wenn sich die ADR Emmittenten bei der Auslieferung der Originale in Zugzwang hätten setzen lassen. Etliche ESBC Mitglieder können sich sicherlich noch daran erinnern wie man Mitte 08 (kurz vor dieser Threaderöffnung) durch crossen nach USA u. sofortigen Rückkauf in Fra jeweils 3-7 ct pro Share verdienen konnte.Die Frage wer damals in USA diese über 10 Mill. ADRs sukzessive gekauft hat blieb bis heute unbeantwortet.

Die Aussage "Die 40 Milliarden USD Reserven sind effektiv "nichts wert" solange man dazu keinen Zugang hat",sollte man dahingehend interpretieren dass sie bei der aktuellen Marketcap von 285 Mill AUD fast mit 0 bewertet sind.Alleine der Wert von BOC's Cash Posi sowie die 28 Km Strasse durch dichten Urwald in die Berge zur Pangunamine sowie Hafen,Flughafen etc. liegen weit über dieser Marketcap.

Panguna + Lizenzen gibt's bei BOC derzeit aiso noch umsonst ;-))))))))))  

werden in der Region gefunden.
Bei der Marengo Mine ist schön zu sehen, dass auch im tieferen Bereich - bei der Marengo Mine bis 1000m - erhebliche Erzbestände liegen können.
Da die Panguna Mine bereits im Tagebaubereich genügend Erze hat, um für 15 - 20 Jahre zu fördern, war eine Tiefenbohrung bisher nicht notwendig.

Aus Post-Courier 27.07.2010
Marengo finds copper at Yandera

By JONATHAN FARAPO

MARENGO Mining has reported that diamond drilling at its Yandera copper-molybdenum-gold project in Madang has confirmed significant extensions to the large porphyry copper systems at depth.
The mining company is confident copper deposits found at Yandera will elevate its ranking in the Asia-Pacific region.
In a statement released to the Port Moresby Stock Exchange last Friday, the company said results confirmed that the large porphyry copper-molybdenum systems at the Yandera project extended for considerable depths.
The company also reported that higher gold values had occurred within broad sections of the hole; however no clear geological association had yet been recognised.
Commenting on the announcement, Marengo’s managing director Les Emery, said: “These are very significant results for the Yandera project and for Marengo. The deep drilling program has been successful in confirming that this large-scale porphyry system extends for considerable depths, at least to 1km.
“This gives us confidence in the potential to increase the resource inventory at Yandera, which would elevate the project in its rankings as one of the more significant copper and molybdenum deposits within the Asia-Pacific region.
“We are looking forward to continued results from the deep drilling program and to an updated JORC compliant resource estimate, which will be fed into the DFS due at the end of this year.”
The Yandera DFS, which is scheduled for completion by December, is based on an open pit mining operation, initially processing at 25Mtpa with the potential to increase to a long-term rate of 50Mtpa.  

Der PNG Bergbauminister Peter O’Neill - indirekt auch für die Panguna Mine zuständig - heißt Investoren im Bergbaubereich willkommen.

Umfrage zur Einschätzung des Panguna Re-Opening :
http://www.ariva.de/forum/...ie-ersten-416731?pnr=8374040#jump8374040


Tuesday 27th July, 2010

O’Neill welcomes investor

The Mining Minister Peter O’Neill has welcomed one new investor to PNG shores yesterday while it was hosting a presentation of its services and machineries.
The Minister officially welcomed Italpeziso South Pacific Limited a company that delivers integrated and quality services to the local mining industry.
It served mining companies and also small alluvial miners who work on gold in villages. During the presentation at Crown Plaza, Mr O’Neil said.
PNG the Government is giving a lot of opportunities for mining which is an old industry and this new machinery will only enhance the company’s long history in PNG.
“PNG is a relatively developing country and new investors are welcomed,” he said, while emphasising that the country as a land of opportunity. Italpreziosi has been operating in the country for the last three years and yesterday it gave a video presentation of a mercury retort machine which it hopes to sell to mining companies and small alluvial miners.  

........soll morgen in POM eintreffen.

Sein Besuch soll den Vorbereitungen des nächsten JSB Meetings u. der Aufstellung des BCA Review Programms gelten.

Details sollen mit dem Office of Bougainville Affairs vor Ort geklärt werden.  

http://bougainville.typepad.com/newdawn/2010/07/...financed-so-t.html

270710AGREEMENT REVIEW
By Aloysius Laukai

ABG President JOHN MOMIS says that Bougainville needs to be properly financed so that it can work on its capacity building and economic recovery.
He made these remarks at a Press Conference in Buka this morning.
MR. MOMIS said that he would push for funds to be inserted in the Bougainville Peace Agreement for the ABG to embark on activities to raise its own funds at the Bougainville Peace Agreement review later this year.
The ABG President said that when the Bougainville Peace Agreement was signed there was an oversight that has made the ABG working on just maintaining normal government service instead of working on new programs that could raise the capacity of the ABG as stipulated under the Bougainville Peace Agreement.
 

http://bougainville.typepad.com/newdawn/2010/07/...re-still-misu.html

Mr.Momis sagt dass Recht und Ordnung wiederhergestellt werden muss wenn wir Invests von Bougainvillern und ausländischen Partnern anziehen wollen.Momis will nah zusammen mit dem neuen Minister für Boug Affairs arbeiten damit die ABG Prioritäten erfüllt werden. ;-)))))

270710MOMIS LAST CHANCE
By Aloysius Laukai

ABG President JOHN MOMIS today gave his last warning to people who are still misusing and holding on to Government assets to return them or face the consequences.
MR. MOMIS in a News Conference said that although he has given the warning some people have not changed but that will not be for long.
He said that wants to let the people know that there is only one government for Bougainville and people must respect it.
The President said that for Bougainville to see some changes everybody must do their part and not expect the government to do it alone.
MR. MOMIS said that Law and Order must be restored if we want to attract investments by Bougainvilleans themselves and other foreign partners.
The ABG President also commended the Prime Minister for appointing Regional member FIDELIS SEMOSO as the new Minister for Bougainville Affairs.
MR. MOMIS said that he would be working closely with the new minister to make sure that the ABG’s development priorities are addressed.
On the question of Bougainville missing out on promised projects if the NA led government is removed, MR. MOMIS said that the ABG will work with any PNG Government as guaranteed by the Bougainville Peace Agreement.
On the Appointment of a new Bougainville chief Administrator, MR MOMIS said that he would like to see a new Chief Administrator by next month.  

.......as leader of NA party

http://www.postcourier.com.pg/20100726/mohome.htm

By Simon Eroro and Mal Taime

PRIME Minister Sir Michael Somare has promised to step down as leader of the National Alliance party before August 14 and consequently hand over the prime ministership to another person. Acting Prime Minister Don Polye told the Post-Courier on Friday that Sir Michael made his decision during the NA party caucus meeting last week Monday in Port Moresby. Mr Polye said before Sir Michael steps aside, he will make a major reshuffle in Government within two weeks from today.
THE Acting PM said some changes are imminent before the PM hands over the NA leadership and the changes are likely to affect planning, implementation and budgeting; functions that would be allocated to individual national departments or implementing agencies unlike now where all were under National Planning.
Mr Polye could not confirm whether Sir Michael will officially hand over the reins at the NA caucus meeting in Minj in the new Jiwaka Province. The Prime Minister will attend the NA caucus meeting on August 13 to 14 and preparations are well underway at Minj town for the meeting to be held at Minj rugby field.
It is planned that a day before the meeting, the people of Jiwaka will come to pay homage to the founding father and PM, Sir Michael, and thank him for declaring Jiwaka as a province. On August 15, he will officiate at the Jiwaka Ecumenical Women’s Federation (JEWF) at Banz.
The Western Highlands Provincial Government allocated K500,000 to build accommodation for Sir Michael and the delegates.