Trading Bougainville Copper (ADRs) 867948

seit gestern stehen schon erste VK Orders in sechsstelliger höhe im OB.
heute kommen siebenstellige Stückzahlen hinzu.
falls es shorties gibt und die verleihe in den kommenden tag eng wird sage ich nur: anschnallen.
auf der anderen Seite: wenn asx seit 23.11 das verleihen verboten / begrenzt hat bringt die Aktion nichts. und... je weiter der short im minus ist, desto mehr Zinsen müssen auf die offene position gezahlt werden, insofern spart es bei 40 mio stck short eine große menge geld, den Kurs mit 138 oder was weiß ich wiviel Aktien zu drücken. es kann sogar günstiger sein, 10.000 stcl zu verkaufen...
schaun wir mal...  

die VK Orders sind aber schon an der ASX platziert - oder?  

...in Sydney! Das Orderbuch steht auf www.bougainville-copper.eu !

ASK 0,875 0,70 €

http://www.postcourier.com.pg/20120224/frhome.htm

Mining Act to be reviewed

The Mining Act will be reviewed with the view to increase landowner participation in mining projects in the country, Deputy Prime Minister Belden Namah has promised.
Speaking at a meeting in Parliament on Wednesday in which Department of Mining officials made presentations to highlight impediments the industry would face if the Boka Konda Bill became a law, Mr Namah led a chorus of calls from MPs and other participants at the meeting for increased landowner participation.
Mr Namah said he would support the bill and called on proponents and critics of the bill to work together so the final form that goes to Parliament is acceptable to all the players.
“A review of the Mining Act is long overdue.
“Landowners should not be mere rent and royalty takers. They should be a major partner in the extraction of resources from their land. This can be achieved through the production sharing arrangement that is working well in many countries,” Mr Namah said.
Mr Namah said the notion that the Bill would scare away investors was nonsense.
He gave Trinidad as an example, where oil giant BP protested the introduction of production sharing arrangement and left, warning no investors would go to invest there under that regime.
The Chinese and French moved in, and the country is now enjoying the benefits of the production sharing arrangement.
“People say the bill would scare away investors. Those who want to leave can leave. There will be others lining up at the door to replace them,” Mr Namah said.
He urged MP Boka Konda to look at 49/51 production sharing arrangement, with landowners taking up 49 per cent with the support of the Government.
He said the issue of exploration and sunk costs should not be considered impediments, as that would be shared by all partners.
Mr Namah, who is Minister for Forest and Climate Change, said similar change to increase landowner participation would be brought to the forest industry.
Mr Kondra has three bills on the Notice Paper. They are the Mining (amendment bill) Act, the Land (amendment) Bill 2012, and the Oil and Gas Amendment Bill 2012.

möchte ich jetzt nicht unterwegs sein,und schon gar nicht mit über 40 Mio. Stücken :-))  

bekommen und brauchte dafür noch nicht einmal 0,70 Euro zahlen,nur werden die Verkaufsorder jetzt weniger ,200k und wir stehen bei 12 AUD  

..........irgendwo Angaben wer die BOCOF PK. Marketmaker in USA sind?

Wird in USA unter grey market gehandelt.

Dafür gibt es wohl keine MarketMaker:

There are no market makers in this security. It is not listed, traded or quoted on any stock exchange, the OTCBB or the Pink Sheets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.  

http://www.investorpoint.com/stock/...Ltd%20Ord/market-makers-level2/

U. dann ab 12:39 PM EDT Jun 20, 2011 kein einziger BOCOF.PK mehr gehandelt???

.............im FoB Thread ;-)))))))))

Könnte der Grund sein für das gesteigerte Interesse in AU  

gutpela toktok  

es denn diesmal was wird...? ;)  

...über den Bougainville Kina auf www.bougainville-copper.eu  !

ICSG: 382,000 mt refined copper production deficit in Jan-Nov 2011
Tags : Copper Production, Copper Prices, Copper News, International Copper Study Group (ICSG),


LONDON (Scrap Monster): The refined copper market balance for November 2011 showed a production deficit of 119,000 metric tonnes (t) that is mainly attributable to China’s strong net imports and resulting high apparent usage. When making seasonal adjustments for world refined production and usage, November showed a deficit of 156,000 t, according to the preliminary data released by the International Copper Study Group (ICSG).

The apparent refined copper balance for the first eleven months of 2011, including revisions to data previously presented, indicates a production deficit of 382,000 t (a seasonally adjusted deficit of 291,000 t). This compares with a production deficit of 460,000 t (a seasonally adjusted deficit of 345,000 t) in the same period of 2010.

During the first eleven months of 2011, world apparent usage grew by 2.7% compared with that in the same period of 2010. However, in the October-November period, world usage grew by 12% due to an increase of 38% in China’s apparent usage. China’s net imports in October-November were 59% higher than those for the same period in 2010. In the European Union (EU), Japan, and the United States, usage weakened as the year progressed, with usage in the first eleven months of 2011 falling by 4% in Japan and remaining essentially unchanged in the EU and in the United States, compared with that in the same period of 2010. World usage without these four major users increased by 3.8%, primarily owing to significant increases in Russian Federation (64%) and Indian (6%) apparent usages.

World mine production continued to underperform relative to capacity, and in the first eleven months of 2011, remained practically unchanged compared with production in the same period of 2010 (+0.1%): Concentrate production declined by 0.5% and solvent extraction-electrowinning (SX-EW) grew by 2.8%. Production at three of the world’s four leading producers (Chile, Peru and the United States), that combined accounted for almost one half of the world’s production, was down by an aggregated 2.8% during the first eleven months of 2011 compared with that in the same period of 2010. Production in China, currently the second leading copper mine producer, was up by 12% in the same period. Indonesian production declined significantly in October/November due to labour unrest. On a regional basis, mine production increased by 6.5% in Africa, 3% in Europe, 12% in North America, and 7% in Oceania, but decreased by 3.5% in South America and 5% in Asia. The average mine capacity utilization rate for the first eleven months of 2011 fell to 78.5% from 80% in the same period of 2010.

During the first eleven months of 2011 world refined production grew by 3.2% compared with that in the same period of 2010: Primary production increased by 2% and secondary production (from scrap) increased by 9%. Production increases of 16% in Australia (recovery from 2010 operational constraints), 15% in China, and 38% in the Democratic Republic of Congo were partially offset by declines in Chile (4.5%), the United Sates (7%), Canada (15%), and Japan (15%). The average refinery capacity utilization rate for the first eleven months of 2011 was practically unchanged from that in the same period of 2010 at around 79%.

The average LME cash price for January 2012 was US$8,043.45 per tonne, up from the December 2011 average of US$7,567.55 per tonne. The high and low copper prices in January were US$8,610 (27Jan) and US$7,471 per tonne (5 Jan), respectively, and the average was US$8,043.45 per tonne. As of the end of January,, copper stocks held at the major metal exchanges (LME, COMEX, SHFE) totalled 541,739 t, an aggregate decline of 11,038 t from stocks held at the end of December. Compared to the December levels, stocks were down at LME and Comex and up at SHFE.  

................ 2012 elections

http://www.rnzi.com/pages/news.php?op=read&id=66434

Posted at 21:35 on 24 February, 2012 UTC

Papua New Guinean parliamentarians have raised the prospect of delaying the June 2012 elections, with the government questioning figures in the electoral commissioner’s report.

However, the leader of government business, Moses Maladina, told parliament some of the figures were incomplete.

He says he has since received independent reports that this is not correct.

Mr Maladina says the electoral commissioner admitted that there were some "pockets" within the Southern, New Guinea Islands and Momase regions, which were still incomplete."

Mr Maladina also said he had received independent reports that electoral rolls for the nation’s 89 open electorates had not been returned to many electorates.

Mr Trawen could not be reached for comment.

The report has been tabled in parliament but is not yet available to the public.

News Content © Radio New Zealand International
PO Box 123, Wellington, New Zealand

If the elections are delayed the March 23-25 JSB meeting can be more purposeful and action oriented.

............. This represents normal buying pressure.

http://www.aussiebulls.com/weekly/...arketTicker=Australian&Typ=S

What do you think?      

Ist das eine offene Frage oder schon eine Feststellung? Woher kommt diese Einschätzung?

Erwartest Du eine Verzögerung des JSB Meeting? Würde mal wieder zu PNG und Bougainville passen, Termine nicht einzuhalten bzw. zu verschieben. Ich würde sagen, dass es die Glaubwürdigkeit und Ernsthafigkeit unsere Bougis schwächt und neue Investoren eher verschreckt als anlockt. Wie siehtst Du das?

Danke schonmal für deine Einschätzung.

 

Insgesamt scheint es mir der Fall zu sein, dass die PNG-Regierung angesichts der aktuellen Streitigkeiten zwischen O´rNeil und Somare ihre Arbeit weitestgehend  eingestellt hat!

Bevor es nicht zu einer dauerhaften Lösung kommt, schwebt auch die Bougainville-Frage ungelöst im Orbit umher.

In dem Zusammenhang halte ich Beschlüsse auf dem nächsten JSB-Meeting (egal ob Februar oder März) für absolut illusorisch.

Die Frage es Premier muss geklärt werden - und die Tatsache, dass die Parlamentswahlen jetzt nach hinten geschoben werden sollen (da hat wohl mancher Angst um die Wiederwahl) lässt ein verlorenes Jahr 2012 befürchten. Diese Hängepartie an der Regierungssspitze gehört schnellstens geklärt - unnötig zu sagen, dass man aus BOC-Sicht auf O´Neill hoffen sollte...

Neuseeland und Australien als reife Demokratien mit gewissen Einflussmöglichkeiten spielen da bisher auch eine höchst unglückliche Rolle!

 

 

Nehmen wir mal an,das auf dem nächsten NEC und JSB Meeting,an welchen alle Parteien
incl. O'Neill teilnehemen, das BCA review abgesegntet wird, und O Neill allen verspricht die Shares zu übertragen kann es völlig egal sein wann und wer wieder gewählt wird.Ich glaube nicht das es sich dann einer trauen wird den Jungs aus Bougainville alles wieder weg zu nehmen.Gleichzeitig "kauft" sich O Neill mal locker 100% der Bougainviller Stimmen.

Also wäre ich Politiker;ich würde es so machen und auch noch als Wiedergutmachung alter Ungerechtigkeiten verkaufen.
PNG kann alleine mit den BCL Shares überhaupt nichts anfangen und für sie sind sie damit völlig wertlos.
Nur mit Mining auf Bougainville fällt für PNG auch was ab.
Von daher egal wer wen wann wählt.  

Generll richtig, aber bei der Korruption und Vetternwirtschaft in PNG kann ich mir alles vorstellen.  

http://www.dailytelegraph.com.au/...tion/story-fn6e1m7z-1226281171193

27 February 2012

07 March 2012 Report (Annual)

http://www.investsmart.com.au/shares/asx/...LE-COPPER-LIMITED-BOC.asp

Quote: "Ich glaube nicht das es sich dann einer trauen wird den Jungs aus Bougainville alles wieder weg zu nehmen."

Ich "kenne" dich ja nun schon seit Jahren hier als Mit-BOCler und damit als Leidensgenossen, aber die obige Aussage hat mich dann doch sowohl den Kopf schütteln als auch schmunzeln lassen. Dass du dir wirklich nach all dem bereits Erlebten nicht glauben willst/kannst, dass PNG im Fall der Fälle etwaige Beschlüsse anfechten und damit potentiell auf Jahre verzögern würde,  dass ist bestenfalls naiv, oder?

Ich meine das nicht böse, wahrlich nicht, aber PNG ist diesbezüglich unseriös hoch 10..... und unberechenbar obendrein..... ;-)  

... und Rechtschreibfehler bitte ich zu entschuldigen..... der Alk! ;-)))