Trading Bougainville Copper (ADRs) 867948

die bestände steigen wohl weiter....
die rücklagen waren dann zur jahrtausendwende kleiner -> kurs von 3-5 cent
die anlagen an der asx scheinen recht lukrative zu sein.....
also haben wir einen aktienfond mit optionaler aussicht auf förderung von
kupfer und recht netten gold-mengen?  

wenn boc Dividenden erhielt oder erhält, muss das ja bedeuten, man verfügt(e) auch über Shares von anderen AGs, bzw. nicht börsenorientierten Unternehmen.
Allerdings wundere ich mich schon, dass anscheinend Investierten dieser Sachverhalt nicht bekannt war. Gibt es darüber keine Veröffentlichung mit genauen Angaben?

Somit dürften dann wohl auch die Kurse dieser Unternehmen gestiegen und jetzt wieder gefallen sein, sofern es sich um produzierende Minen oder Explorer handelt. Leider ein ganz normaler Vorgang dieser Tage.  

Bei den mir bekannten) Invests handelt es sich um Shares aus dem "Who is Who" der ASX

http://www.ariva.de/forum/...-ADRs-867948-304728?page=116#jumppos2915

Boci`s für  0,046 Teuronen.....weil Ihr letztens mal darüber philosophiert habt ;-)  

 

und wie wurden die adr dann in aktien gewandelt?
bin ja neugierig.....
und wie ist dann der brutto-ek-kurs dieser shares via adr geworden?
 

Hmm, aber, was da tatsächlich noch oder neu vorhanden ist, und welchen Wert die jetzt haben, ist auf keiner offiziellen Webside zu sehen?
 

http://asopa.typepad.com/

Panguna's progress held up by internal issues & infighting
Young children walking past the old Panguna mine married quarters (Ian Booth)LEONARD FONG ROKA

AS you cut through the Pakia Gap into the Panguna District, it is like falling into heaven with the unique perfumes, the deep green jungle and the gold being steadily mined.

It envelops one in a distant strangeness of history quite different from the real history since 1988, in which Panguna took Bougainville into agony.

Panguna is still a land of politicking. But mountain politics is not systematic and the players are yet to understand how they should act before a wind of positive change can blow through.

The rest of Bougainville knows that Panguna is responsible for dragging it down into a decade-long civil conflict that caused the loss of thousands of lives and property worth many millions of dollars.

This is a conflict that still haunt Bougainville’s people.

But as Bougainville attempts to do away with conflict and engage fully on a path of recovery, the region that instigated the crisis seems wedded to a state of anarchy.

This chaotic politicking of the mountains seems to meander its course to the far ends of Bougainville – mostly to Siwai and Buin in the south with minor flows of influence to the north.

But one knows that, to enable post-crisis Bougainville to recover, the wellspring in those beautiful mountains must be mended.

Since the Autonomous Bougainville Government (ABG) was born in 2005, Panguna has not entered the peace-building and developmental tide of Bougainville as expected of it.

Panguna has had its own issues that present as setbacks to progress for the whole Bougainville island.

Panguna has a self-styled Meekamui government (with its many partitions) and the ABG operating.

Meekamui has a strong foundation laid many years ago and ABG is the newcomer trying to win hearts and minds. It is succeeding, but slowly.

The impediment is people who are yet to understand how systems of government and administration work and how they can assist Panguna to become a positive and functional administrative district.

It is observable that Meekamui is approaching its natural death, especially if it does not adapt and re-adopt to the current political changes on Bougainville.

Its internal fighting has even drawn the attention of recent Post-Courier stories that told of the group led by Chris Uma attacking the group led by Philip Miriori.

The main agenda in Panguna is the creation of a cordial relationship between the people and the Council of Elders (a Bougainville version of local level government), the Panguna District administration and the ABG.

The Panguna people have high expectations of what the government will deliver for them; without them giving any input for that output.

This had been the case since the birth of the ABG in 2005. The Panguna people elect leaders to the ABG with the intention these members of parliament will bring the cargo.

Since 2005 a bottom-up-approach has been the style of Bougainville politics but to this day the people have yet to familiarise themselves with the concept.

They have yet to understand that it is the Council of Elders that should fetch the raw data from the length and breadth of Panguna District and channel it to the ABG from where the ABG can inject the changes they need.

But Panguna is embedded in attacking the ABG for not producing an outcome, for not injecting funding for development, for not providing school fee assistances, and the other seemingly limitless wants.

The two Councils of Elders in the Panguna District are run by old men and women who are respected in the villages. Educated people are scarce and most were educated during the colonial era.

Nepotism and cronyism are well established and there is corruption - sins of leadership founded on power hungry village elites that have a power base on their land which is used by administrative infrastructures like office buildings or the district administration block in the former township of Panguna.

Traditional land ownership and related power is what controls these structures; not the merits of service delivery to the district.

The few effectively educated Panguna people are not much seen in their backyards since they are in Buka, Arawa or outside Bougainville. Or they remain in fear of their own people.

The current ABG member for Ioro (which is the Panguna District), Michael Oni, is constantly under attack for not performing. But it is obvious the Councils of Elders are the ones not paving the way for tangible development.

So these are the setbacks that keep Panguna behind and stagnant in terms of development.

But, slowly, that glimmer of light at the end of the tunnel seems to be strengthening.  

meine damalige Hausbank hat sich diesen Kauf,wie Du sehen kannst,vergolden lassen.
Für das Tauschen von ADR in Echte wollten sie auch ordentlich Pulver und waren flexibel wie 80 T-Stahl.Also habe ich alle ADR`s über die Börse in 2008 verkauft und mir im selben Jahr dafür die Echten ins Depot gelegt.  

Die Posis findest du im GB der betreffenden Companys

z.B. AFI

http://www.stocknessmonster.com/news-item?S=AFI&E=ASX&N=410792

AFI Seite  96 BOC 2 grösster Shareholder

2 Bougainville Copper Limited 4,757,570 Shares Kurs 5,99 AUD

Kosten der Umwandlung ADRs-Originale waren 5ct pro Share.

Die Originale notierten meistens so ca. 20% über ADR Kurs (siehe Post1)

wären dann also 0,07AUD / share.

 

http://www.stocknessmonster.com/news-item?S=ARG&E=ASX&N=819028

8 Bougainville Copper Limited 1,937,571 Shares Kurs 7,79 AUD

.... A contract is a contract.... Witnessed By People Around the World....

Nur für BOC sieht das Momis wohl anderst...


Hon. Dr. Chief Momis said the people of Bougainville must keep their cultures clean, nourishing and must support and not destroy a person’s dignity as every person is created in the likeness and culture of God.
He said the people of Bougainville must value culture and follow the Bougainville Peace Agreement because it is based on the Bougainville culture.
Chief Momis challenged everyone to follow the Bougainville Peace Agreement and urged the people to drop their weapons and star to act responsibly because Bougainville believes in the culture of truth, peace and freedom.
The president said the people of Bougainville must practice the type of culture that is refined by Christianity and submit to one principle.
Having said this, he added that the BPA is not an agreement but a contract that has been signed by the people of Bougainville and is enshrined in the PNG constitution and will be witness by countries around the world.
President Momis said the people must use this cultural festival as a lead to their goals because if they don’t reach their final destination than all their hard work will be a waste of time.
He made his last remarks by congratulating all the cultural groups from North, Central and South Bougainville and added that the gathering of everyone signifies unity and peace.
Hon. Dr. Chief John Momis assured the people that Bougainville will be on top if it is united.
Ends  

... wären dann also 0,037AUD / share  

Die von euch angesprochenen Beteiligungen, wahrscheinlich hauptsächlich bzw. ausschließlich Aktien von börsennotierten australischen Gesellschaften, müssten in der Bilanzposition "Available for sale financial assets" enthalten sein. Diese Bilanzposition beträgt zum 31.12.2013 105.396.000 Kina, umgerechnet 33.332.712 Euro oder 0,083 Euro je ausstehender BCL-Aktie.

Die große Frage ist allerdings, wie diese Positionen in der Bilanz bewertet wurden. Davon habe ich keine Ahnung und werde auch nicht schlauer, wenn ich in den Geschäftsbericht schaue. Alleine die weiter oben im Thread genannten AFI und ARG-Anteile sind offenbar schon mehr Wert als die in der Bilanzposition "Available for sale financial assets" ausgewiesene Summe. Darüber hinaus wird BCL wohl Aktien von mehr als zwei Gesellschaften halten. Ich gehe deshalb davon aus, dass die Wertpapiere in der Bilanz nicht zu den am Bilanzstichtag geltenden Börsenkursen bewertet wurden. Fazit: Hier könnten stille Reserven schlummern, die erst bei Verkauf der Wertpapiere sichtbar würden.  

Schön wäre es, wenn eine vollständige Übersicht über deren börsennotierte Beteiligungen auftauchen würde. Übrigens wäre dies ein schönes Thema für eine Frage auf der nächsten Hauptversammlung:

Bitte nennen Sie uns die 15 größten Wertpapierpositionen (Name, ISIN und Stückzahl), die Bougainville Copper Limited derzeit hält.

Des Weiteren würde mich interessieren, wer BCL bei den Investments berät und wie der Investmentprozess aussieht. Auch wieder ein interessantes Thema für eine Frage auf der nächsten Hauptversammlung.  

People ‘speak out’ to promote peace

By ISHMAEL PALIPAL

A dangkinang (tokaut/tokstret) ceremony between the leaders of Panguna and the people was held this week in Panguna, Central Bougainville.

During theceremony, many spokesmen, women and leaders speak their hearts out without fear or favour – they speak out how they feel, think and experience about each other. Dangkinang in Nasio language in Central Bougainville simply means “speak out”.

It is one of the significant events organised and facilitated by Bougainville Peace Initiative (BPI) and the leaders plus the people of Panguna. It was purposely organized to make peace and unity among the leaders and people of Panguna district after a long struggle of disunity in the leaders.

Many who attended the event spoke mainly of unity among Me’ekamui factions, the Autonomous Bougainville Government, land owners and all the leaders of Panguna district.

A youth spokesman from Morapi Village Assembly said the most youths do not know what to do because of so many factions developing from within the Me’ekamui. “We are been in pain for so long now and we want you leaders to unite and develop our communities,” he told the leaders.

An old man from Domana Village Assembly said: “These different factions are a waste of time but unity is the way forward where we can develop our villages and communities especially Panguna if only our leaders unite and work together.”

.  

Wieso kina?
Die Bilanz wird doch in austral. Dollar ausgewiesen?

In € wären dass dann 72,89 Mio € womit wir die akt. Marktkapitalisierung
von 76,2 Mio € abdecken würden.  

 

Hab den Anhang zur Bilanz falsch gelesen. Bilanzierung erfolgt in Kina.
 

 

New post on Papua New Guinea Mine Watch
                    
           §
Panguna’s precipice
by ramunickel

A rusted truck remains at Panguna mine

Photograph: Ilya Gridneff/AAP

Alison Middleton | PNG Industry News

AFTER YEARS of dialogue and tentative progress, uncertainty once again surrounds the viability of reopening Panguna copper mine in Bougainville.

Once the largest open cut mine in the world, Panguna was at the centre of the Bougainville conflict after environmental damage and social unrest led to an uprising and a decade-long civil war.

Peace has been maintained since the signing of the Bougainville Peace Agreement in 2001 but local media reports suggest continued local opposition to the mine reopening.

The issues has been further complicated by the passing of the Bougainville Mining (Transitional Arrangements) Act 2014 by Bougainville’s Parliament which vested Rio Tinto subsidiary Bougainville Copper with an exploration licence for the area where a mining lease was previously held. While Rio Tinto has responded with an announcement that it will review its stake in BCL, it is unclear what the impact of the legislative changes will be.

BCL, has been working towards the resumption of mining of the giant copper deposit after the mine was closed in 1989 following civil war. It says it will continue to pursue dialogue with landowners in Bougainville to assess the possible reopening of the copper mine.

Bougainville Copper chairman Peter Taylor previously warned both the national and Bougainville governments of BCL’s concerns about the potential adverse impact the new mining act might have on its asset base.

While headlines had documented the passing of the Bougainville Mining (Transitional Arrangements) Act 2014, Taylor said Bougainville Copper operated under an agreement with the PNG National Government.

   “There is no immediate impact,” Taylor said during an interview with PNG Report.

   “There has been talk about how that particular bit of legislation sits with the National Government legislation.

   “Bougainville Copper operates under the Bougainville Copper agreement, which is a contract between the national government and BCL.

   “That contract is enshrined in National Government legislation, which is the Bougainville Copper Agreement Act.

   “What actual impact [the Bougainville legislation] will have in the long term really depends on how the relationship between the National Government and the Bougainville government works out.”

Taylor said dialogue would continue with both governments and landowners in an effort to reach agreement on providing the company with the assurance it needs to go forward with community and study programs that are required to further assess the viability of reopening the mine.

BCL received a letter from Bougainville president John Momis in August stating the Bougainville Mining (Transitional Arrangements) Act 2014 had been passed by Autonomous Bougainville Parliament.

The transitional mining bill transfers powers from the Papua New Guinea government to the Autonomous Bougainville Government before a complete mining law which is expected by early next year.

As a result, when the Bougainville Mining Act begins, section 212(2) will vest Bougainville Copper with an exploration licence for the area where a mining lease was previously held for the Panguna mine.

That exploration licence will give BCL the right to apply for a mining lease under the Bougainville Mining Act, while the grant of a lease will depend on the outcome of negotiations in the Bougainville mineral resource forum.

   “Assuming that Bougainville has powers over mining, which was part of the Peace Accord, the only granted tenements on Bougainville were those held by BCL.

   “The new legislation gives BCL an exploration licence where it once had a mining lease, and in turn that gives BCL an exclusive right to negotiate the terms and conditions of mining.

   “BCL always accepted that the Bougainville Copper Agreement Act would need to be changed at some stage, if not repealed, because it was no longer relevant to the current situation.

   “My approach, and my preference, was for the negotiations to be concluded first. In other words, all the parties would agree on what the new arrangements were before the Autonomous Bougainville Parliament legislated. But that hasn’t happened.

   “Bougainville has decided to legislate and as far as BCL is concerned we will continue with negotiations with all the parties in an effort to get a mutually acceptable agreement which will allow us to reopen the mine.”

Taylor said negotiations were continuing in Bougainville with stakeholders led by a joint negotiating committee which has representatives from the National Government, the Autonomous Bougainville Government, BCL and landowners.

The committee’s brief is to establish an agenda between parties as to whether the mine should reopen or not, and agree terms and conditions if the preference is yes.

   “[The legislation] doesn’t change the negotiation progress,” Taylor said.

   “That process is going on.

   “My understanding is that if the group comes to the conclusion that the mine should reopen, and the terms and conditions were acceptable to all the parties, that would lead to Bougainville granting a mining lease.”

While BCL continues with negotiations, Taylor said he could not pre-empt the outcome of the Rio Tinto review.

   “As far as Bougainville Copper is concerned and as far as I am concerned, we have to wait and see,” he added.

   “We don’t know any more about where that review is going, what it will entail and what the outcome will be until Rio Tinto makes the announcement.”

The mining major issued a brief statement to the market, noting that it was an “appropriate time” to review all options.

   “In light of recent developments in Papua New Guinea, including the new mining legislation passed earlier this month by the Autonomous Bougainville Government, Rio Tinto has decided now is an appropriate time to review all options for its 53.83% stake in Bougainville Copper Limited,” the statement said.

   “For some time, BCL has been involved in discussions with the government of Papua New Guinea, the ABG and landowners about whether it would participate in a future potential return to mining at Panguna.”

Up to 20,000 people were killed in the conflict fought between PNG forces and the Bougainville Revolutionary Army, which began in 1990.

A peace agreement was established in 2001 which included a deferred referendum for full independence.

While BCL has been engaging with stakeholders, including local landowers regarding the possible reopening of Panguna, a recent report suggests local people are opposed to large scale mining activities.

Results of a survey conducted by the Jubilee Australia research foundation in villages and hamlets surrounding Panguna mine at the end of last year, found “near universal” opposition to the reopening, as well as unhappiness and mistrust of the consultation process.

Asked whether Panguna was realistically likely to reopen, Taylor said it was a difficult question to answer.

   “If you go back five or six years it wouldn’t have been economic to reopen the mine,” he added.

   “It is very sensitive to metal prices. The opportunity is when metal prices are at the right level to support reopening.

   “There is the risk that if it’s not reopened during a window of opportunity, it will make it difficult until the next cycle comes around.

   “But these cycles do come around so then the question is do you have the government and the landowners on side at that particular time.

   “At the moment if we got everything in line, someone would open the mine – the economics stack up, it’s the other issues which make it difficult.

   “Given the background you are going to have a fair degree of certainty around the terms and conditions.

The mine was closed down. Obviously you have to ask the question, will it happen again? And are we certain that it won’t happen again?”

Published in the October/November 2014 PNG Report magazine
ramunickel | November 11, 2014 at 1:49 pm | Tags: ABG, Bougainville, Environmental damage, Human rights, Landholders, Panguna, Papua New Guinea, Rio Tinto | Categories: Environmental impact, Financial returns, Human rights, Papua New Guinea | URL: http://wp.me/pMvf7-3Pm

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dass die Metallpreise einschließlich der Edelmetalle bald wieder kräftig anziehen.
Besser an einem Strang ziehen, als anderswo, allein zum Provozieren, dummes Zeug über Miniumsätze einstellen.
 

http://bougainvillenews.com/2014/11/10/...ct-recurrence-new-research/  

Wer von Euch weiß, was Swen zur Zeit macht? Haben ja schon lange nichts mehr von ihm gehört. Oder doch?

Auflösung folgt ;-)

Ein schönes Wochenende
Diver