Trading Bougainville Copper (ADRs) 867948
New post on Mekamui News
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Police chief wants Musingku out of hiding
by mekamui
07,03.2014
Source: Post-Courier
By WINTERFORD TOREAS
BOUGAINVILLE’S acting Assistant Commissioner for police Paul Kamuai is appealing to money scam operator Noah Musingku to come out of his hiding place and comply with the decisions reached by the Autonomous Bougainville Government. Superintendent Kamuai said if Mr Musingku believes that he has some good plans concerning the development of Bougainville, then he should come out and discuss them with the ABG.
“If Noah Musingku has some good plans available that can be good for Bougainville, by all means he must come work with ABG,” Mr Kamuai said. “If he knows that what he’s doing is not right, then it’s good for Bougainville that he must also come out and with the police and government, we find ways to address problems that he is causing there.”
Mr Kamuai said the refusal by the money scam operator to work with the ABG was very embarrassing to all Bougainvilleans. He said the current illegal activities conducted by Mr Musingku and his followers at their base in Tonu, Siwai District of South Bougainville will create setbacks in Bougainville’s journey towards its political future.
mekamui | March 6, 2014 at 8:16 pm | Categories: Uncategorized | URL: http://wp.me/prj9z-s2
Read more: http://www.smh.com.au/business/...g-20140307-34cu4.html#ixzz2vJmYaD4Y
The Australasian Centre for Corporate Responsibility has lodged two resolutions for consideration at the AGM of Bougainville Copper which until 1989 operated one of the largest copper and gold mines in the world. There is talk of the mine being reopened. It closed as a result of armed conflict over its operation. The resolutions call on BOC, in the interests of a successful reopening, to join a number of ‘good corporate citizenship’ initiatives, remediate environmental damage and ensure ‘free, prior and informed consent’ before restarting.
http://www.accr.org.au/brief
by LEONARD FONG ROKA
THE IDEA of Meekamui was adopted in Bougainville politics by the late Francis Ona. But the concept was older than him, having been created by a student at St Joseph High School many years before: Damien Dameng from the Irang-Pangka valley in the Panguna District.
Damien Dameng was born in 1930 in Dongtare hamlet. He was in primary school at Sovele Catholic Mission in the Bana District of South Bougainville when World War II came to Bougainville.
After the war, Damien re-enrolled at Orami Tokples School, mainly learning the Catholic's catechism. Later he transferred to Buiana, a school led by a Father Mueller in the Toio valley of Panguna.
By the 1950s he was at Tunuru Catholic Mission where he was suspected of being with Betoro, a woman from Topinang, and he was punished. In retaliation, Damien attacked a nun, Sister Juliana, who reported him to the American priest Father Hogan.
Father Hogan duly removed Damien from Tunuru and transferred him to Puruata in Torokina, enrolling him at Mamarego Catholic Mission in Bana where he remained for two years. After spending time here he moved to Rigu, where he did Standards 9 and 10.
It was intended that, after this, he should go to Tsiroge in Buka to learn a trade like carpentry or teaching. But by the early 1960s he had come to believe the mission was destroying Bougainville and decided to turn his back on the Catholic Church.
He called Brother Bozaar, an Australian, and said, “I am not going to Tsiroge, I am going home”.
At this same time, the Hahalis Welfare Society in Buka and other grass roots movements were active with their work. Damien Dameng called a few Kieta leaders to Irang and told them: “The mission is killing us so let's go to our culture”. So was born his group, the Meekamui Pontoku Onoring.
Damien began protesting against the CRA exploration in the area and his movement soon had many followers across what is now the Panguna District. One factor in his success was captured by James Tanis writing in Bougainville before the Conflict (2005, p 461). “While Dameng consequently stopped his campaign against sorcerers; at the same time he realised that the local government councils were worried about his influence, making him feel stronger than the councils.” As support grew, Damien’s agenda broadened to include nationalism and independence for Bougainville.
We need an interpretation of Meekamui Pontoku Onoring. Meekamui is 'holy land' in the Nasioi language. Pontoku are sacred sites which have significant meaning in a clan's mythology or history. Onoring means ‘we are alive' and is derived in the idea that, despite being negated, Bougainvilleans are still alive and able to defeat enemies.
Damien’s movement had three pillars; all concerned to drive Bougainville to its purest roots. These said that: Western education belongs to the bad spirits; Western health belongs to the dogs; and Western religion belongs to immature kids.
James Tanis wrote that: “Dameng opposed church teachings as trickery, the colonial administrators as thieves, and CRA and BCL as destroyers of land and culture.”
These ideas, Damien said, were also presented along with six live pigs to United Nations officials when they visited Kieta to meet church and government representatives. For him, it was an outstanding success that the government and church now owed him yet as well as not answering his assertions satisfactorily.
His movement also forcefully closed schools in Panguna for three years in the early 1970s when the late Francis Ona was a young student. Most people supported the cause simply because it was vocal against the CRA operations in Panguna.
Damien Dameng travelled mostly Kieta-wide advocating his movement and the anti-mining protest. This and other movements the influential Catholic Church labelled as cargo cult activities but they could also be seen as independence and, anti-mining and economic progress movements with Christian icing on top since religion was still influential.
On the ground in Irang was Philip Nesii, Dameng’s cousin, who played an administrative role in what was now declared to be the Meekamui Pontoku Onoring government. People began referring to it as the 50 Toea Gavman due to its tax collection of 50 toea per head.
Philip Nesii oversaw the detention of sorcerers in harsh conditions on an unoccupied area of the Tairengku ridge between Mosinau and Pangka and also was in charge of building a self-styled ‘parliament house’ in the heart of Irang village. He said the parliament was to mature at Irang and later relocate to Arawa, the capital of Bougainville and Solomon Islands.
To Nesii, the parliament consisted of four political parties representing the four major clans known in Kieta: Basikang, Kurabang, Barapang and Bakoringku.
Parliament house was a square building with the Speaker’s seat at the centre and north. To Nesii, the Speaker’s seat was a 'holy of holies', and today what remains of it is still respected.
At the west end, the parliament had a 100 member chamber made up of the Basikang and Bakoringku clans. In its east was the chamber for the 100 members of the Kurabang and Barapang clans. The south end of the house was for the women and Bougainville's minorities, like the people from the atolls.
Beyond the parliamentary grounds was a symbolic monument in a form of a four-tongued star constructed with concrete in 1972. In its centremost part was a square hole representing the government of Bougainville and the four tongues were the major clans that made up the political parties of the Bougainville government.
Nesii and Dameng told me in 2011 that since the 1970s the late Francis Ona had been exposed to Damien Dameng’s government and adopted it but with no positive intentions. Instead, when the opportunity arose, he transformed the concept into ‘Meekamui Pontoku Si'punng eta osi'kaai-aang ’.
As Damien saw it this was not much different from his and Nesii’s teachings. To the brothers, the late Francis Ona was a militant trying to politicise their works to win the hearts and minds of Bougainvilleans who were losing faith in Ona’s rule.
According to the brothers, Ona and his followers, by removing Onoring and replacing it with sipung eta osikai-ang, meant to make their government more appealing. The new idea now centred around the sipung eta (from the fireplace) and osikai-ang (owners of the land).
Francis Ona’s government in Guava pushed that it was based on the principles from the fireplace, meaning aperson is safe if attached to his rightful home and only powerful in decision making on the land he rightfully owns or has inherited from his ancestors.
The idea was that Bougainvilleans had to go back and reestablish their epistemological beginnings and protect all their land to be powerful enough to have control over their island.
Note: Damien Dameng died in mid-2013 when he was about 82 years old, passing away after an accident that led to illness. He was a very famous dog meat eater in the Kieta area. I was with the brothers for a week in late 2011.
New post on Papua New Guinea Mine Watch
Bougainville MP laments lack of mine talks consultation
"I don"t see why the ABG is so adamant and in a rush to have the mine at Panguna re-opened by BCL who refuse to accept the responsibility for clearing up and cleaning the mess they have created in my electorate"
The poisoned Jaba river
Post-Courier
THE Minister for Communications and Information Technology and Central Bougainville MP Jimmy Miringtoro has voiced concerns at the Autonomous Bougainville Government"s failure to consult with the four national MPs prior to holding talks with BCL and landowners.
He said the meeting lacked transparency and what was discussed, therefore it holds no water.
"As Member for Central Bougainville where Panguna is situated, along with fellow Members of Parliament from the region, we should have been consulted because mining is still a very delicate and emotional issue at this stage," Mr Miringtoro said.
"My biggest concern is that if ABG makes a commitment without wider consultations, we will face big problems as we do not have mining laws in place to refer to when discussing an industry which is a source of all manner of problems ranging from and environmental damage to social displacement of communities around the mine site."
He said whether the mine at Panguna were to re-open or not is a matter for Bougainvilleans to decide on after wider consultations have been carried out throughout the region and not just with landowners or ABG.
The next step then would be to draft mining laws that will protect the resource owners and all Bougainvilleans from being ripped off by companies that come here to make a quick buck and leave behind a smoldering wreck once the minerals had been mined out.
He said the national Government is already looking to make changes in the way mining is conducted in the country.
According to him, mining companies will be held accountable and responsible for environmental damage and other problems associated with mining in the future. He said the Government will also ensure resource owners get equitable share of benefits from resources found or mined on their land.
Under the new arrangements, resource owners are to earn an increment from every stage of the process that their resources go through, until they become a finished product.
"I don"t see why the ABG is so adamant and in a rush to have the mine at Panguna re-opened by BCL who refuse to accept the responsibility for clearing up and cleaning the mess they have created in my electorate," Mr Miringtoro said.
"I am going over a body of evidence against BCL given to me recently and I see that there is more enough evidence to take BCL to court for their past crimes against the people of Bougainville.
"I will be holding consultations the communities in my electorate to consider the possibility of taking BCL to court based this evidence."
Mr Miringtoro said there are many mining companies out there but before they can bid to open a mine in Bougainville they must agree to our terms and conditions and abide by our homegrown mining laws.
Nisira defends mine talks
Winterford Toreas | Post-Courier
THE Acting President of the Autonomous Bougainville Government Patrick Nisira has defended his government"s decision to engage the Bougainville Copper Limited (BCL) in the negotiations concerning the reopening of the defunct Panguna mine.
Mr Nisira said the decision to involve BCL was considered for the benefit of all stakeholders in the region. Mr Nisira said this in response to complaints raised by the Minister for Communication and Central Bougainville MP Jimmy Miringtoro regarding the engagement of BCL and the Panguna landowners.
Mr Miringtoro had voiced his concerns, saying the ABG decision to involve BCL and landowners without consulting the four Bougainville MPs lacked transparency.
"Miringtoro and the people have been questioning us on this issue," Mr Nisira said. "(But) People with a right frame of mind will understand that BCL was here before. "That"s the reason we are talking with BCL. BCL and landowners had created the war. So in order to come up with a good law, we need to consult BCL. But consulting BCL does not mean that we will allow BCL to come involve in the mining activity.
" Mr Nisira this was one of the "best process that we have put in place so that we don"t repeat the mistakes of the pasts. You talk to BCL; BCL will understand what really happened that time."
He said the other reason behind the engagement of BCL is because of the Bougainville Copper Agreement that was enacted by the national Government. He said this law currently gives BCL the right to conduct mining in Panguna, before calling on the four MPs that their involvement on the floor of the national parliament will play a big role in the repealing of this law.
"If Miringtoro and the other three MPs are concerned about BCL, then they have a role to play. They have been mandated by the people. "Panguna mine is the issue that needs to be dealt with in the national parliament, and not in the ABG. You deal with that in the national parliament. "You don"t complain about it but you the four MPs deal with that in the national parliament. The repealing of that law must be done at the national parliament. Mr Miringtoro had also questioned the process involved in the consultatations
| March 10, 2014 at 1:04 pm | Tags: ABG, Bougainville, Environmental damage, Human rights, Jimmy Miringtoro, John Momis, Landholders, Panguna, Papua New Guinea, Rio Tinto | Categories: Environmental impact, Papua New Guinea | URL: http://wp.me/pMvf7-38I
Comment
Quelle : http://www.bougainville24.com/
Australian Navy arrive in Torokina
The HMAS Benalla. Her twin hulls provide good stability in heavy conditions, and good living room and space below the main deck. In addition, the catamaran hull sits well out of the water, the ship drawing only 2.2 metres – a favourable characteristic in shoaling and reef waters where it is required to operate.
Two Royal Australian Navy ships have arrived in Torokina to commence hydrographical surveys of the Autonomous Region of Bougainville.
The surveys will take place between Buka and Torokina to support Operation Render Safe 2014.
Operation Render Safe, conducted by the Australian Defence Force on behalf of the Australian Government, is a regional program to remove unexploded bombs, weapons and ammunition remaining from World War Two.
Operation Render Safe occurs regularly in the South West Pacific. The most recent Operations removed explosive remnants of war from Solomon Islands in 2013, and from Rabaul, Papua New Guinea in 2011.
“The general view received in Bougainville is that the Panguna mine will not be reopened. But it will only be reopened in line with the wishes of Bougainvilleans,” Mr Nisira said.
Nach solchen Beiträgen:
http://ramumine.wordpress.com/2014/03/08/...-reporting-for-rio-tinto/
wollte ich eh schon fragen wie ihr die Stimmungslage auf unserer Insel einschätzt?
Source: Post-Courier
Nisira: ABG plans for new mining law
By WINTERFORD TOREAS
THE Autonomous Bougainville Government is in the process of establishing a mining law that will govern the operations of all mining activities in Bougainville, says the acting President Patrick Nisira.
While responding to comments raised by the Central Bougainville MP Jimmy Miringtoro regarding the establishment of a suitable law that will guide the interest of Bougainvilleans, Mr Nisira said the mining law that ABG is currently working on will benefit all stakeholders including the ABG, landowners and the people of Bougainville.
Mr Nisira also revealed that ABG is now considering the establishment of a Bougainville Mining Act, and not a Transitional Mining Bill as it was initially planned.
“The ABG had initially thought of establishing a transitional mining bill, but our position now, after assessing the time and cost factor, we are now thinking of actually coming up with a Bougainville Mining Act and not a Transitional Mining Act,” Mr Nisira said.
Mr Nisira said this law will act as a guiding mechanism for all mining activities that will be taking place in Bougainville, adding that the general views of the people is that the Panguna mine will only be reopened if there is a good Bougainville mining law in place.
“The general view received in Bougainville is that the Panguna mine will not be reopened. But it will only be reopened in line with the wishes of Bougainvilleans,” Mr Nisira said.
“This means that it will only be reopened after the ABG passes the Bougainville Mining Act.
“This is because from this act, we will ensure that what Miringtoro is talking about will be addressed under this Act.”
He said the ABG had considered the events leading to the crisis and is trying to avoid these problems arising again through the establishment of good mining law.
Meanwhile, Mr Nisira has welcomed the announcement by Mr Miringtoro on his move to take BCL to court citing new evidence that the Central Bougainville MP said he has received regarding the past operations of the mining company.
Mr Nisira said if what Miringtoro is saying is true then he can proceed with his move however, he reminded him (Miringtoro) to be mindful of the court case against Rio Tinto that was dismissed by the Supreme Court in the US.
Anthony Kaybing
110314
The long awaited 2013 K100 million Special Intervention Fund intended for Bougainville will be placed in a trust account to cater for infrastructural development in the region this week.
Autonomous Bougainville Government President Chief Dr John Momis revealed this today during the first meeting of the ABG House of Representatives for 2014.
“A total funding of K200 million which includes the 2013 and 2014 of the SIF will be used to cater for these projects,” Dr Momis said.
K145 million has been allocated for projects approved by the Joint Supervisory Board Meeting while K55 million will be used for ABG nominated projects.
Major projects approved by the JSB are the K42 million upgrade and sealing of the Buka Ring Road, K40 million upgrade of the Kokopau-Buin Road and the K15 million for the reopening of the Aropa Airport.
Also included is the K20 million Water Supply and and sanitation project for Arawa and Buka Towns respectively and the reconstruction of the Arawa General Hospital.
The ABG Projects will see K11.5 million allocated for Education Infrastructure, K8 million Economic Recovery, K7.5 million purchase of a vessel to service the coastal areas and atolls of Bougainville.
A further of K5 million has been allocated for the ABG Public Service House project, another K5million kina for the Panguna Negotiations along with several road and development projects amounting to K55 million for the ABG nominated projects.
Dr Momis said the recent visit by Prime Minister, Peter O’Neill to Bougainville has strengthened the level of cooperation between the two governments.
“The excellent work under the leadership of Chief Secretary, Manasupe Zurenoc and Bougainville Acting Chief Administrator created a consensus to allow the agreed distribution of the 2013 and 2014 SIF’s of K200 million,” Dr Momis added.
Dr Momis said that all projects will be managed through the Project Management Unit and contracted transparently and the Bougainville Administration will report to the Bougainville Executive Council on the its implementation.
The President has also ordered the Acting Chief Administrator and senior managers to constantly review and report on the progress of all the projects.
Quelle : http://www.pngindustrynews.net/ 10.03.2014
Restart potential for ****PNG Panguna****
( dürfte den einen oder anderen irritieren) by Alison Middleton.....................
BOUGAINVILLE Copper is eyeing a resumption of mining of the giant Panguna copper deposit in Papua New Guinea after a visit by Prime Minister Peter O'Neill....................
““Further studies, including prefeasibility and bankable feasibility, will be necessary before any decision on redevelopme Further commentary on developments in both the political and
fiscal environment surrounding the project is scheduled for the 2014
annual general meeting in May. (interesssant).......................governments, landowners and other stakeholders result in broad support for redevelopment.”
http://www.islandsbusiness.com/news/...nville-copper-eyes-return-to-/
BUKA, PNG --- Bougainville Copper is to open an office on Bougainville Island this year as sentiment begins to build within Papua New Guinea for a resumption of mining of the giant Panguna copper deposit.
The visit to Bougainville Island by the PNG Prime Minister Peter O'Neill earlier this year - the first visit by a government official of his standing in more than 15 years - has prompted conciliatory sentiment towards production resuming, the company told shareholders.
This visit was followed by the head of the autonomous Bougainville government, John Momis, who has signalled the willingness of most parties on the island to resuming production.
Civil war forced Rio Tinto unit Bougainville Copper to halt production in 1989 at what was then one of the largest copper mines in the world.
The Panguna mine was the largest single source of the country's export revenues and comprised about 7 per cent of global copper production.
One recent estimate put the cost of reopening the mine at more than $US4 billion, although it is unclear whether Rio would be willing to foot the bill for much of this work or would seek partners from the outset. This study was by the US Agency for International Development, which outlined a series of approaches that could stabilise developments on the island amid a push for greater autonomy from Port Moresby, which could pave the way for mining.
Along with resolving a series of technical issues before resuming production, perhaps more important is achieving agreement on revenue sharing with the island, which was one of the prime reasons for conflict over the mine so soon after production began.
Under the original revenue-sharing agreement, the bulk went to the central government but only a minor portion of the funds went to Bougainville's provincial government.
In its latest report to the stock exchange Bougainville Copper said no major studies into resuming production would begin until there was broad agreement between the various parties supporting the project.
In 2012, preliminary studies were conducted and they supported the project's prospective financial and economic viability.
The new office will play a key role in assessing remediation issues, as well as “'community development programs, social mapping, asset revaluation and de-risking”.
Major studies such as pre-feasibility and bankable feasibility studies will not be launched “until consultations with governments, landowners and other stakeholders result in broad agreement for redevelopment”, the miner has told shareholders.
Before the suspension of mining, the Panguna site was producing about 180,000 tonnes of contained copper annually, along with a quantity of gold.
Bougainville Copper is 53 per cent owned by Rio Tinto, with the PNG government holding a further 19 per cent.
The Panguna mine was not the only project of Rio's in PNG that ran into difficulties.
The group lost control of the Mount Kare gold deposit 20 years ago, when it was overrun by local miners who have tapped the alluvial reserves overlaying this deposit.
A smaller company, Indochine Mining, is now finalising an agreement with the landowners so mining can begin.
u. nur ganze 10% vom Jahreshoch (0,66 AUD)
Wie bescheiden dagegen der € Jahres Chart ;-((
Erfahrungsgemäss steigt BOC in den Monaten vor der HV.,der Ausbruch über die 0,60 AUD sollte doch da gelingen
Market Depth for BOUGAINVILLE COPPER
as at 10:42:31 AM Tuesday, March 11, 2014
http://www.bougainville-copper.eu/news-march-2014.html
The Ministry was left vacant following the untimely demise of Member for Taunita Tinputz, Carolus Ketsimur who passed away after a short illness.
Karaston, a second time member of the House of Representatives was sworn in today by Magistrate Bruce Tasikul prior to the House’s first parliamentary sitting for 2014.
The new minister will have a mammoth task ahead of him with the new inclusion of multi million kina development projects that the ABG will embark on.
These projects include the reopening of the upgrading of the Buka Ring Road upgrade and sealing K42 million, Kokopau-Buin Road K40 million and the reopening of the Aropa Airport.
ABG President, Chief Dr John Momis congratulated Karaston on taking up the portfolio and wished him well in continuing the work of his late predecessor.
120314MOMIS COMMENTS ON TONU
By Aloysius Laukai
ABG President,DR.JOHN MOMIS has rejected any forms of confrontation and violence to weed out the illegal activities happening in Tonu.
President Momis made these remarks when responding to questions from the Member representing Women of Central Bougainville,JOAN JEROME who wanted to know what the ABG was doing with the activities in Tonu that was confusing the people.
She said she was concerned at the increased para military Buildup in Tonu and the Bougainville Kina and the International Bank of Meekamui.
President Momis said that mass awareness is needed to make all people informed of the real issues on Bougainville.
He said that the activities in Tonu was like the Weed amongst grass and these bad weed will die out naturally.
Meanwhile, the ABG minister for finance and member for Motuna Huyono that includes Tonu, ALBERT PUNGHAU has challenged Bougainvilleans to do stocktake if their people who frequent Tonu can be controlled.
He said the people of Siwai have realized this and already rejected these activities and it was the people of Buka, Wakunai and other areas who support these activities by frequenting Tonu in the hope of benefitting from these activities.
Ends
Sent from my iPad
Posted at 03:24 PM | Permalink | Comments (0)
Leider ist die Zeit knapp - Termin morgen 13.März - aber wer's nicht versucht - hat schon verloren.
SYDNEY, March 12 (Reuters) - Australian shares dropped 1 percent on Wednesday as a slide in metals prices sent resource stocks tumbling, with the mood darkened further by data showing another decline in Australia's consumer sentiment.
Copper miners were hit hard as the metal tumbled to its lowest level in three years on worries about Chinese demand and liquidation of inventories used for finance deals.
Copper producer OZ Minerals Ltd lost 1.3 percent and Bougainville Copper Ltd (Other OTC: BOCOF - news) tumbled 5.8 percent. Rio Tinto Ltd was down 0.3 percent, hitting its lowest since October, and BHP Billiton Ltd shed 0.7 percent to a five-week low.
The S&P/ASX 200 index was down 56.4 points at 5,357.4 as of 0054 GMT, after closing nearly flat on Tuesday.
By WINTERFORD TOREAS
THE Autonomous Bougainville Government is embarking on a "peace by peaceful means" concept to address the operations of failed money scam operator Noah Musingku.
That was the message from President John Momis when responding to a question raised by the member for women in Central Bougainville, Joan Jerome regarding the operations of Musingku.
"What is the ABG doing to address the current illegal activities being conducted in Tonu by notorious scam operator Noah Musingku," asked Ms Jerome.
Ms Jerome said the operations of Mr Musingku had led to many negative activities arising, including the circulation of their illegal currency, which were affecting the peace and security of Bougainville.
Mr Momis said the ABG had decided to adopt the "peace by peaceful means" concept after seeing the need in relation to peace and stability as well as on other aspects of importance.
He said one of the means to address the operations of Musingku was for all leaders and other stakeholders to conduct a massive awareness concerning the failed operations of U-Vistract.
He said there was also a need for the Government to meet with the failed money scam operator to discuss and find a solution to address this issue. Mr Momis gave a brief update on the importance of the Bougainville Peace Agreement, saying the agreement would guide Bougainville into achieving the political objective of Bougainville as was accepted by people.
Vice president Patrick Nisira also supported Mr Momis, saying the Autonomous Bougainville Government does not want to repeat the approach taken by the former Kabui Govern-ment in forcefully attacking Musingku and his followers at Tonu. Mr Nisira said there was no such thing as the International Bank of Me’ekamui or the Central Bank of Papala, adding that those banks only existed in the minds of Musingku and his followers.
Finance Minister and member for Motuna/Huyono/Tokunutui constituency in Siwai, Albert Punghau said it was the people from the other districts of Bougainville that were frequenting Tonu, and not the Siwai people.
Keiner weiß, wie lange es jetzt dauert.
Es kann sich noch Jahre hinziehen - oder blitzartig über Nacht klären.