Trading Bougainville Copper (ADRs) 867948

Rio Tinto"s Jean-Sébastien Jacques hört sich nicht an als ob sich RIO von einem  solch werthaltigen Asset wie BOC trennen würde u. wenn dann nur zu einem Top Preis. ;-)))

.........For his part, Jacques told Bloomberg that quality assets still have high price tags, and that Rio will be looking to both “build and buy” going forward. Overall, Jacques admitted that the emergence of a new metals age won’t be a given, but still stressed his belief in that the industry shouldn’t let uncertainty in the short term hamper planning for long-term demand.

“Now is the time to keep investing, keep innovating and keep creating value at all points of the cycle,” he said.

​A SUDDEN jump in Bougainville Copper shares on April 2 came as a surprise to the market, with even the company itself “puzzled” by the overnight share price increase of 50%, according to The Australian.

Panguna Copper Mine, Bougainville PNG

An explanation was sought by the ASX, with the company responding that it was not aware of any reason which could explained the sudden move.

At the start of the month, Bougainville Copper shares registered at 23 cents per share, but then rose to a high of 34.5 cents per share the following day. As of Friday, April 10, the figures are back down to 28 cents a share.
The move came amid a couple of developments over the two day period, in particular the introduction of the Bougainville Mining Act, and a letter to shareholders stating a settlement was reached by BCL and the PNG internal revenue service over a dispute relating to the company’s tax returns for the years following the cessation of mining operations in 1989-90.
The settlement is subject to confirmation through court proceedings, anticipated to occur this month.

@ bocaufbock

....through court proceedings, anticipated to occur this month......

Was passiert erst wenn das gerichtlich bestätigt wird? ;-))))))

>  noch einmal + 50%  ist dann der Anfang ????? Vorausgesetzt der Termin bleibt bestehen, dann haben wir ab Ende April Gewissheit. ;-))  

Chris Siriosi will the referendum be key focus for elections next month ?

http://bougainvillenews.com/2015/04/17/...s-for-elections-next-month/

The outgoing Bougainville government has started laying the groundwork for a referendum to be held on possible independence from Papua New Guinea.

That vote has to occur by 2020 at the latest and will be the key focus for the new parliament to be elected next month.

To help meet the conditions laid down in the Bougainville Peace Agreement for the question to be put, the autonomous region’s (former) chief administrator, Chris Siriosi, is heading the Office of the Bougainville Referendum.

He explained the nature of his work to Don Wiseman Radio NZ

CHRIS SIRIOSI:  There are important preconditions for agreeing on the date for the referendum.  Firstly, there needs to be consultation on the issue of the weapons disposal or weapons in Bougainville and also there has to be a determination that the Bougainville government or the Autonomous Bougainville Government has been and is being conducted in accordance with internationally accepted standards for good governance.  So these are the details that are being worked on currently.

DON WISEMAN:  Who makes those assessments in terms of whether there are enough guns removed from the community and whether the level of governance is at the appropriate level?

CS:  These are issues that the two governments will need to consider and agree whether or not the weapons have been removed from the community in adequate numbers and the issue of good governance.  These are issues that the two governments will have to sort out between themselves but the details of enabling the governments to have a clear picture on this is not available so that is what we are working on now.  The ABG assessment is an office of the Bougainville referendum under my leadership as the Chief Executive.  Currently there are seven work streams which have been identified.  Most important of which is the consultations with the people of Bougainville, engagement of the people of Bougainville and Papua New Guinea.  Workstream number two is the weapons disposal assessment.  Workstream number three is the criteria enabling non-resident Bougainvilleans to vote.  Workstream number four is the assessment of good governance or level of good governance.  Workstream number five is the process for determining the question that will be put to the people of Bougainville during the referendum and workstream number six is to establish an independent administrative agency that will conduct the referendum, preferably under UN control.  Workstream number seven is to review the legal provisions that will be the basis for conducting the polling.  Those are basically the outstanding work that is required.

DW:  Clearly what it entails is a lot of work by people under you.  There’s a need for significant amount of capacity isn’t there?  Do you have enough staff, enough support, enough people with skills to be able to undertake that work?

CS:  Well to be honest with you on the ground here we simply don’t have the people that have experience in conducting referendum anywhere in the world and secondly we don’t have the calibre of people that will enable the details to be put together.  We have been fortunate to get support from the New Zealand government who in the last seven months made available an expert who has assisted the ABG and the national government in identifying the major workstreams that are now required to be undertaken.  New Zealander Mike Richardson is an ongoing engagement.  More professional and adequately experienced experts will need to be sourced from outside the country.

DW:  Before you get to that point with the referendum and as you say you have got all this work to do but the region has been trying to get rid of guns for eons hasn’t it?  Clearly it remains a problem so how are you going to get those last weapons or enough of what’s left to satisfy the requirements of Port Moresby?

CS:  That’s the basically a major sticking point.  What we don’t have at the moment is data on where the weapons are and whose possession are the weapons in and why are people holding onto weapons when they should be really doing away with those weapons before we can take measures to remove those weapons by whatever means the two governments agree on in consultation of course with the people of Bougainville and Papua New Guinea.

DW:  I think there is very clearly an expectation from Bougainvilleans that this vote is going to happen in this time frame as laid out by the Peace Agreement but from you’ve just told us, there could actually be a delay if Bougainville can’t satisfy Port Moresby requirements.

CS:  What the people have to understand, including the governments, is that the delay of the conduct of the referendum can only be delayed up until the last half of 2020.  Beyond June 2020 it cannot be delayed, it’s going to be held anyway.  But what we need to let the people of Bougainville understand is that any outcome of any referendum that is conducted without the conditions or those considerations will inevitably affect the final outcome.
Momis: Peace Agreement will be met

The conditions of the Bougainville Peace Agreement (BPA) can and will be met by Bougainville within the next five years as a prelude to its referendum.

This was the statement given by Autonomous Bougainville Government (ABG) president, Dr John Momis.

Momis made the statement in reference to Bougainville’s referendum that must be held within the 5 year time period from 2015-2020.

The conditions of the BPA are good governance, fiscal self-reliance and weapons disposal.

“We must not fear, we must have faith in each other and ultimately of course we must have faith in God to give us the wisdom and strength to prevail.

“We have now reached a critical juncture on our journey to freedom where we stand at the threshold of a new socio-economic, political and spiritual order,” said Momis.

The president added that this new future means Bougainvilleans will want to be liberated from structural impediments, from institutional impediments and become agents of change and development.

“We know for a fact that the people of Bougainville for a long time have always seen themselves as a people set apart from the rest of PNG.

“Bougainvilleans definitely have a history, we have a history of rejecting outside imposition, a history of being proud of our heritage and a history of self-determination,” said Momis.

He said that elf-determination is not a dirty word for the people of Bougainville.

He said self-determination is the peoples’ claim that they must be the major stakeholders in deciding their fate and to be engaged in socio-economic, political and spiritual liberation.

“It is through unity and believing in one another shall we achieve our ultimate political future,” President Momis remarked.

 

............mit dem alle Wiedereröffnungs-Befürworter vollauf zufrieden sein könnten ;-))

 

 

http://www.theaustralian.com.au

The Bougainville Autonomous Government is convinced Bougainville Copper — which owns a mine containing copper and gold worth more than $50 billion, as well as a recently ­reconfirmed exploration licence — is now in play.

Bougainville President John Momis last week called on Papua New Guinea’s Prime Minister Peter O’Neill and Rio Tinto to reveal any dealings over Rio’s 53.58 per cent shares in BCL.

“For over a year now, Mr O’Neill has expressed interest in the national government taking control of BCL,” Mr Momis said.

“He proposes that PNG operate the Panguna mine in Bougainville in the same way it operates the Ok Tedi mine,” which Mr O’Neill’s government took over in 2013.

The PNG government has hired Peter Graham, who led ExxonMobil’s successful construction of the country’s first liquefied natural gas project, to manage Ok Tedi mine and potentially to steer other state-owned mining assets.

The Bougainville mine, which was closed by conflict in 1989 and which would cost an estimated $6.5bn or more to reopen, is also owned 19.06 per cent by the PNG government, and 27.36 per cent by other shareholders.

Mr O’Neill confirmed that “we have had discussions with other shareholders of BCL on a range of issues including the reopening of the mine and the disposal of shares by existing shareholders, including Rio Tinto”.

But, he added, “There are no secret deals, and we are disappointed that President Momis is trying to use this issue at the time of the election” for a new Bougainville government that takes place at the end of next month.

“President Momis has been informed of whatever talks we have with other shareholders of BCL, only because the state is the second biggest shareholder,” Mr O’Neill said.

There would be no talks about reopening the mine, he said, “until landowners and the people of Bougainville are ready”.

It is understood the Momis government’s concern was aroused by information it had received that law firm Norton Rose Fulbright, which does a considerable amount of work for Rio internationally, had instructions to handle the sale of Rio’s shares, and had held discussions with agents in Port Moresby in relation to the deal. A Norton Rose Fulbright spokesman declined to comment when questioned by The Australian.

The BCL share price suddenly soared by 50 per cent a fortnight ago. The ASX issued a “speeding ticket”, asking the company to explain the leap. BCL said it couldn’t.

Mr Momis, whose government has recently passed new mining legislation that hands back control of all resources to landowners, said: “We cannot allow a new form of colonial dealings in Bougainville’s resources to occur.”

He said that last month he wrote to BCL, seeking advice from either it or Rio Tinto, about whether share transactions between Rio and PNG were under discussion or preparation.

“I received a brief reply from Rio, addressed to BCL but passed on to me, dated March 23. The letter simply stated that ‘Rio Tinto … is reviewing its options with respect to its stake in Bougainville Copper Ltd. This review is continuing’,” Mr Momis said.

“Secret dealings of this kind are completely unacceptable to the people of Bougainville,” he said. “It would be unacceptable to the people of Bougainville for the national government to try to take control of Panguna.” Such a move, he said, would trigger demands for immediate independence.

Peter Taylor, who has been chairman of BCL for 12 years, told The Australian “the Bougainville government seems to want the mine reopened, but we have to sit down … and see what’s doable”.  

0,2626€ = 7-Monatshoch, BOC hat binnen 2 Monaten schon +75% vom Tief aufgeholt.u. dürfte somit auch für Trader interessant werden. ASK AU immer noch äusserst klein.Die Meldung über den positiven Abschluss im Steuerstreit mit PNG u. die Rückzahlung der Vorsteuer ( http://www.stocknessmonster.com/...item?S=BOC&E=ASX&N=421592) sollte bis Ende April abgeschlossen sein.;-))

Damit sollten im "Land of the Unexpected" nochmal 50% Kursgewinn drin sein.

As of 27 Jul 2010
8. J P MORGAN NOMINEES AUSTRALIA LIMITED LOCKED BAG 7

2.025.838 0,51%

As of 20 Feb. 2015
3. J P MORGAN NOMINEES AUSTRALIA LIMITED LOCKED BAG 7

56.399.190 14,06%

 

 

Kannst du den Linke mit der kompletten Shareholder Liste einstellen, wusste gar nicht, dass es schon eine neue in 2015 gibt...  

ANZ sells custodian business to JP Morgan

http://www.investordaily.com.au/latest-news/...-business-to-jp-morgan

... wer jetzt noch rein will für den wird´s eng. ;-)))))  

also mit dem Link komme ich zu einer Nachricht aus dem Jahre 20.11.2009

oder habe ich da etwas falsch gelesen???  

 

 

demnach dürften ja einige von uns in den top 20 sein :-)
... wenn wir uns denn hätten mit voller anzahl registrieren lassen...  

...zufällig hier anwesend und aus B. und in der PKW-branche?  

... wer jetzt noch rein will für den wird´s eng. ;-)))))....bezieht sich auf # 19839


 

Soll heißen dass Anz 2009 ca 11,5 % oder 46 Mio Aktien aufbewahrte .
Das Geschäft wurde 2009 von jpm übernommen .
Dementsprechend hat jpm die im Depot