Trading Bougainville Copper (ADRs) 867948

geht in den nächsten Tagen zum download online.

Er wurde in den letzten Wochen auf B'ville gedreht und gibt den aktuellsten Ueberblick von Arava,NoGoZone u. Mine wieder.(Dauer 1 ST 23 Min)  

http://www.postcourier.com.pg/20080421/mohome.htm

World Bank aims to set rural telco

The World Bank is planning to set up a rural telecommunications fund in Papua New Guinea.
But that will not be done unless the National Government makes a formal request.
World Bank regional director Nigel Roberts in a statement last week said many rural areas were not getting services and that a good way was to create a rural telecommunications fund.
He said a rural telecommunications fund is an instrument that provides commercial operators a transparent subsidy for extending coverage to unprofitable areas.
“The bank is planning such a fund in PNG, at the Government’s request,” Mr Roberts said adding such a fund exists in more than 20 countries in Africa, Asia and Latin America.
He said this after brushing aside allegations levelled by Telikom that International Financial Corporation (IFC), its business arm was subsidising Irish-owned telecommunications company Digicel’s operations in the country to undermine local telecos.
He said while competition is good, it is also a risk.
“There’s a danger that one monopoly gets replaced by another, leaving the new monopolist free to jack up prices and turn excessive profits.”
“A second risk is that new entrants will ignore remote areas where costs are higher and revenues lower. Making telecoms reform work, then, means more than just introducing competition,” he said.
Mr Roberts added that strong national regulation is needed to establish price formulae that are fair and open to public inspection as well as to monitor the performance of telecoms and to keep the market open to new competition.
“You also need ensure that remote areas are not neglected. A good way to combine private sector efficiency with social obligations is to create a rural telecommunications fund,” he said.  

Vol 66K
Kurs 1.03 AUD 0,61 € 0,97 USD

BCL is supporting Bougainvilleans through the Bougainville Copper Foundation at major universities. This was restricted to Bougainvilleans some years back but is now also assisting Papua New Guineans in different fields of study  

THE Autonomous Bougainville Government President Joseph Kabui and his Cabinet ministers are scheduled to convene the Bougainville Executive Council meeting in Arawa, former Bougainville capital, today (Wednesday).

And high on the agenda is the submission by the Invincible Resources Corporation of Canada/Bahamas to start a stock exchange by mortgaging mineral resources belonging to Bougainvillea landowners to raise and capital from interested investors.

Invincible management team led by executive boss Lindsay Semple is already in Bougainville and traveled to Arawa yesterday with the ABG Cabinet.

ABG advisors yesterday told the Post-Courier the agenda was not centred on Invincible, however, it was listed to be discussed and deliberated on.

But this has not gone down well with business communities, landowners and chiefs in the region.

Thomas Rabanz, an executive committee member of the Bougainville Business Council, said yesterday he was not happy with the way ABG was going about signing shady deals and endorsing cabinet submissions with foreign companies which had no proper standing in the global business community.


Kurs 1.05 AUD + 7,14% 0,6223 € 0,9893 USD

VOL 91K 39 Trades

Auffällig die vielen kleinen Orders,überwiegend aus dem ASK gekauft

BOC - Bougainville Copper Limited  

Date          Time     Quantity          Price  

22  Apr  2008     4:10:54 PM  1,147            1.050          
22  Apr  2008     3:29:58 PM  813              1.050          
22  Apr  2008     3:29:58 PM  7,509            1.050          
22  Apr  2008     3:29:58 PM  3,753            1.050          
22  Apr  2008     3:29:58 PM  1,013            1.050          
22  Apr  2008     3:29:50 PM  866              1.050          
22  Apr  2008     3:29:50 PM  957              1.050          
22  Apr  2008     3:29:50 PM  981              1.050          
22  Apr  2008     3:29:21 PM  558              1.030          
22  Apr  2008     2:31:24 PM  1,113            1.030          
22  Apr  2008     2:22:25 PM  1,041            1.030          
22  Apr  2008     1:42:40 PM  86               1.020          
22  Apr  2008     1:42:40 PM  1,232            1.020          
22  Apr  2008     1:42:40 PM  1,439            1.020          
22  Apr  2008     1:42:40 PM  1,249            1.020          
22  Apr  2008     1:42:40 PM  994              1.020          
22  Apr  2008     1:42:25 PM  971              1.030          
22  Apr  2008     1:31:19 PM  981              1.030          
22  Apr  2008     1:19:16 PM  983              1.030          
22  Apr  2008     1:19:16 PM  7                1.030          
22  Apr  2008     1:07:16 PM  993              1.030          
22  Apr  2008     12:59:48 PM  7,406           1.020          
22  Apr  2008     12:55:12 PM  992             1.020          
22  Apr  2008     12:15:07 PM  1,000           1.020          
22  Apr  2008     12:12:03 PM  1,048           1.000          
22  Apr  2008     12:03:02 PM  1,087           1.000          
22  Apr  2008     11:15:38 AM  27,669          0.980          
22  Apr  2008     10:56:15 AM  684             0.980          
22  Apr  2008     10:54:36 AM  1,699           0.990          
22  Apr  2008     10:54:36 AM  870             0.990          
22  Apr  2008     10:54:36 AM  1,752           0.990          
22  Apr  2008     10:53:36 AM  933             0.995          
22  Apr  2008     10:53:36 AM  1,300           0.995          
22  Apr  2008     10:53:36 AM  1,846           0.995          
22  Apr  2008     10:53:36 AM  1,461           0.995          
22  Apr  2008     10:50:55 AM  1,000           1.020          
22  Apr  2008     10:48:54 AM  1,034           1.000          
22  Apr  2008     10:32:09 AM  500             0.980          
22  Apr  2008     9:59:47 AM  10,000           1.000          
22  Apr  2008     9:59:47 AM  1,433            1.000  

Could someone or persons in the know provide us and ABG/Cabinet with a Full Story/Picture of Invincible Resources Company - its HQ, ownership & shareholding base, finance capacity & management profile, resources & capitalisation background, corporate linkages and the like. Does IRC has any experience on doing mining operations? Can people in BCL/RIO give us some background on IRC?
Mi yet mi no save whether the IRC we dealing with is for REAL or CON. Someone's got to give "proper and fit" advice to ABG/Cabinet about IRC. If we are all being conned on IRC than our leaders will be conned (or are they already?). But just on hunch - it tells me there's a stinking rat in the bag here.

Eine Anfrage von mir bei der Kanadischen Botschaft ergab folgende Info

----- Original Message -----
From:
Sent: Monday, July 17, 2006 4:29 PM
Subject: FW: Invincible Resources
DATE PRINTED: JUL 07 2006 INVINCIBLE
RESOURCES CORP

> > 24-308-7280 LAST FULL REVISION:
JUL 07  2006
MOST RECENT UPDATE:
JUL 07 2006

Invincible Resources Corp RATING ER7

611-675 Hastings St W SUMMARY
Vancouver BC V6B 1N2
CONTROL YR 2004
EMPLOYS 5
RECORD
Incomplete
OPERATION Business services
SIC 7399

TEL: 604 681-0444
FAX: N/A

Robert Matthews, Director

PAYMENTS
Current trade survey unavailable.
FINANCE
07-07-2006 attempts to contact principals were unsuccessful.

Outside sources confirmed ownership and general information on subject but could not provide further details.

HISTORY
Corporation registered BC law 09-30-2004. Business commenced 09-30-2004.

Matthews, Robert, Director.
Netolizky, Ronald, Director.
Parry, David, Director.
Semple, Lindsay, Director.

OPERATION
7399 0151 Provides Business Services.

Principal clients: general public, commercial
concerns.
Principal
territory: regional. Principal selling terms:
special  agreement.
Employs 5. (Employed 5 last year).
FACILITIES: Occupies suitable space, concrete block
building.
LOCATION: Central business section.

Insgesamt ziemlich dünn,vielleicht kann ja hier jemand noch zusätzliche Details in Erfahrung bringen???  

Invincible

Hier der letzte

The Bougainville Constitution does provide for the president's impeachment.  What are the people waiting for? more damage? another crisis? Should we not act proactively?  Of course I am hoping that members of the ABG will come to their senses and act now to avert the wild pursuits of the President and his cabinet.



 

there and we want to arrange a meeting of landowner leaders with ESBC.

I look forward to meet you

Das wird garantiert eine lustige HV ;-)))))))))))))))))))))))))))))  

Von welchem Forum sprichst du?  

...dann hoffe ich mal, dass es am HV-Einlass eine Waffenkontrolle und kugelsichere Westen gibt ;-)  

http://groups.yahoo.com/group/bougainville01/

Zugang gibt's nur für Bougainviller,bzw. muss eine Mitgliedschaft von einem Bougainviller beantragt werden.

Peter Quodling,der Sohn vom Ex-BOC Ceo ist übrigens auch ein sehr aktives Mitglied  

http://www.thenational.com.pg/042308/nation8.htm

Three killed, several injured in gun battle
By AUGUSTINE KINNA
Three people have been killed and several others injured in an attack by the Wisai Liberation Movement at Turutai village in Buin, Bougainville.
The incident occurred at 6.30am last Tuesday as WLM conducted a surprise attack on the Turutai Mekamui forces which resulted in a gun battle.
The incident follows the recent ambush by the Mekamui forces on a local PMV which cost one life.
Two women and a boy were also wounded.
According to Buin police commander Sgt John Popui, the attack by the WLM was a payback for the victims who are now recovering at the Buka hospital.
He said other casualties on both the Mekamui and the WLM are yet to be confirmed.
He said the incident had violated the work of the peace process and is contributing to fear and instability in the area.
Sgt Popui said both factions are fully armed with high- powered guns and can do anything at anytime.
“We, the police, are on high alert of what is happening but the situation is beyond our control as these factions have guns in their hands,” said Sgt Popui. He said the police have so far remained neutral in order to create dialogue between the factions.
Sgt Popui appealed to the leaders of both factions to remain calm and to stop killing and damaging properties.  

vom 19.04  

22 April, 2008 (16:00:00 AEST)

BOUGAINVILLE COPPER RISES 7.1% ON HIGH VOLATILITY April 22, 2008 16:00:00 AEST

Bougainville Copper (BOC), Australia's 3rd largest Copper company by market capitalisation, traded between an intraday low of 98.0c and a high of $1.05. This suggests a trading opportunity between peaks and troughs. The stock rose for a second day on Tuesday. The share price jumped 7.0c (or 7.1%) to $1.05. Compared with the All Ordinaries Index which fell 35.8 points (or 0.6%) on the day, this represented a relative price change of 7.8%.

PRICE VOLUME DYNAMICS
Moving Average Price (MAP): The price to 200-day MAP ratio is 1.01, a bullish indicator. In the past 200 days this ratio has exceeded 1.01 one hundred thirty-four times suggesting further upside. The stock is trading above both its MAPs at $1.04 for the 200-day MAP and 88.36c for the 50-day MAP, a bullish indicator. The 200-day MAP has increased to $1.04. An increase is another bullish indicator.
Relativities: Since open its percentile rank in the Australian market was 91. In the Australian market of 2,091 stocks, the stock has a 6-month relative strength of 69 which means it has outperformed 69% of the market. Also, the relative strength percentile is improving at 69 for 6 months, 85 for 3 months and 94 for 1 month.
Volume and Turnover Period: There were 92,400 shares worth $93,111 traded. The volume was 1.9 times average trading of 49,279 shares. The turnover rate in the 12 months to date was 3.1%. This average length of ownership of the stock at 30.4 times the average holding period of 1 year 23 days for stocks in the S&P/ASX 200 Index suggests a larger number of core investors, making a long-term investment safer.
% Disc to High and % Prem to Low: The last price is at a discount of 45.9% to the 12-month high of $1.94 and a premium of 48.9% to the 12-month low of 70.50c.
Volume Weighted Price (VWP): The price is at a premium of 5.3% to the 1-month volume weighted average price of 99.70c. Given that this premium has exceeded 5.3% sixty-five times and been under 5.3% fifty-three times in the last year, the upside:downside probability is estimated at 65:53 or 1.2:1.
Beta is 1.3.


COPPER, GOLD, SILVER AND PRICE PERFORMANCE RANK IN INDICES AND SECTORS
The stock is in 2 indices, 5 sectors and 3 commodities.

The copper price in US$ per pound was 4.32 or US$8,642 [AUD 9,168] per tonne. It plummeted $US0.11 or 2.5% on the day. Trailing one week, it weakened $US0.02 or 0.4%. Trailing one month, it soared $US0.43 or 11.0%. Trailing one year, it advanced $US0.32 or 8.0%.In the Australian market of 2091 stocks, 53 sectors, 20 indices and 14 commodities, the copper price in AUD has a 6-month relative strength of 86 and a 1-day relative strength of 19. This indicates it is beating 86% of the market (rank 221 out of 1533) in the last 6 months and is trailing 81% of the market (rank 1243 out of 1535) in the last 24 hours.

The gold price in US$ per troy ounce was 918.5 [AUD 974.4]. It crashed $US27.5 or 2.9% on the day. Trailing one week, it declined $US8.0 or 0.9%. Trailing one month, it weakened $US7.25 or 0.8%. Trailing one year, it soared $US227.1 or 32.8%.In the Australian market of 2091 stocks, 53 sectors, 20 indices and 14 commodities, the gold price in AUD has a 6-month relative strength of 91 and a 1-day relative strength of 17. This indicates it is beating 91% of the market (rank 133 out of 1533) in the last 6 months and is trailing 83% of the market (rank 1271 out of 1535) in the last 24 hours.

The silver price in US$ per troy ounce was 17.86 [AUD 18.9]. It crashed $US0.7 or 3.8% on the day. Trailing one week, it advanced $US0.41 or 2.4%. Trailing one month, it increased $US0.33 or 1.9%. Trailing one year, it soared $US3.99 or 28.8%.In the Australian market of 2091 stocks, 53 sectors, 20 indices and 14 commodities, the silver price in AUD has a 6-month relative strength of 94 and a 1-day relative strength of 14. This indicates it is beating 94% of the market (rank 99 out of 1533) in the last 6 months and is trailing 86% of the market (rank 1322 out of 1535) in the last 24 hours.

The stock's rise of 7.1% went against the trend set by the following indices and sectors (rank by percentage price change of stock for 1 day;6 months in sector/index in brackets):
Base Metals Sector (rank 6;20 out of 83) which was down 623.4 points or 7.1% to 8,196.3,
Copper Sector (rank 4;18 out of 73) which was down 610.2 points or 7.0% to 8,168.3,
Mining & Oil Sector (rank 48;162 out of 573) which was down 568.1 points or 6.4% to 8,321.2,
Total Australian Market (rank 125;448 out of 2117) which was down 325.4 points or 5.5% to 5,590.7,
S&P/ASX 200 Materials Index (rank 40;125 out of 468) which was down 180.2 points or 1.1% to 15,758.6,
Diversified Metals & Mining Sector (rank 12;38 out of 143) which was down 106.3 points or 1.1% to 9,359.7,
All Ordinaries Index (rank 10;97 out of 425) which was down 35.8 points or 0.6% to 5,628.4

RELATIVE VALUATION INDICATORS [RVI]
Bougainville Copper vs Copper Sector [Copper Sector Average in Brackets]
Worse than Sector Average: Return on Equity of 0.9% [42.7%]; rank 16 out of 74 Copper stocks; Return on Assets of 0.8% [22.7%]; rank 16 out of 74; Year-on-year growth in EPS of -11.4% [20.0%]; rank 7 out of 11; P/E of 267.8 [8.5]; rank 12 out of 14.

SHAREHOLDER RETURNS
Trailing One Week: The stock rose twice (40% of the time), was unchanged once (20% of the time), fell once (20% of the time) and was untraded once (20% of the time). The volume was 1.1 times average trading of 246,395 shares.
Trailing One Month: The stock fell nine times (43% of the time), rose nine times (43% of the time), was unchanged twice (10% of the time) and was untraded once (5% of the time). The volume was 0.7 times average trading of 1,084,138 shares. The value of $1,000 invested a month ago is $1,400 [vs $1,087 for the All Ordinaries Index], for a capital gain of $400.
Trailing One Year: The value of $1,000 invested one year ago is $1,469 [vs $940 for the All Ordinaries Index], for a capital gain of $469. The total return to shareholders for 1 year is 46.8%.
Trailing Five Years: The value of $1,000 invested five years ago is $8,400, for a capital gain of $7,400.

FINANCIALS
Annual Report for the year ended December 31, 2007 (year-on-year comparisons with previous corresponding period)-
Percentage of shares held by top 20 shareholders of 95.91.
Favourable Changes: a 5-year track record of positive earnings; total liabilities to total assets down 0.95% to 0.1; current ratio up 7.08% to 28.3; NTA per share up 0.35% to $A0.4 (37.2c).
Unfavourable Changes: net profit down 7.8% to $A1.5m ($US1.3m); EPS down 7.81% to $A0.0 (0.33c); total liabilities to operating cash flow up 13.78% to 13.6: this compares unfavourably with Joseph Piotroski benchmark of 4.
Steady: total number of shares outstanding steady at 401,062,500.
Major Common Size Ratios: total non current assets to total assets up from 86.25% to 92.66%; fixed assets to total assets at 45.11%; total current assets to total assets down from 7.94% to 7.34%; cash to total assets down from 0.31% to 0.08%.

FUNDAMENTALS
Earnings: The earnings yield of 0.4% is 0.1 times the 10-year bond yield of 6.3%.
P/E: The trailing twelve months P/E is 267.8 times, giving it a percentile rank of 6.1 by P/E. (rank 447 out of 476).

ISSUED CAPITAL
Based on 401,062,500 issued shares the market capitalisation is $421 million.

ACTIVITIES
Mining and production of concentrates containing copper, gold and silver.

TOP MANAGEMENT
The Director is Mr. John Leahy

BUSINESS NEWS ROUND UP
The last 5 snippets from News Bites were:
March 31: Bougainville Copper directors acquire Rio Tinto plan shares
Bougainville Copper Ltd director Robert Staley Burns acquired 544 Rio Tinto shares under the Rio Tinto Ltd share plan, on March 10, 2008. He holds 611 Rio Tinto shares, 6,406 Rio Tinto options and 6,027 Rio Tinto conditional share awards.Director Peter Robert Taylor acquired 1031 Rio Tinto shares.

January 17: Bougainville Copper has no production
Bougainville Copper Ltd says there has been no production for the quarter ended December 31. There has been no production since May 15, 1989.

October 26: Bougainville Copper unable to explain share price rise
Bougainville Copper said it was not aware of any explanation for an increase in share price from 91c on October 11 to $1.17 on October 25. In response to an ASX share price query, the company said it had no information, announced or unannounced, to explain the change.

August 10: BOUGAINVILLE COPPER PROFIT UP 50.5%
Bougainville Copper Ltd profit increased 50.5 percent to K1.6 million ($A645, 000) for the six months to June 30, 2007. Revenue increased by 29.4 percent to K4.9 million ($A1.98 million.) Eps was 0.40toea, compared to 0.27toea for the previous corresponding period. The company has not declared a dividend in respect of the six months ended June 30, 2007.

July 18: BOUGAINVILLE COPPER SAYS NO PRODUCTION SINCE 1989
Bougainville Copper Ltd says there has been no production at the Panguna mine, Bougainville, since May 15, 1989. BACKGROUND: From 1972 until 1989 Bougainville Copper operated a large open pit mine and processing facility at Panguna on Bougainville Island in the north Solomons province of Papua New Guinea.

Currency Conversion: Australian Dollar AUD 1 = US$ 0.9426 [or US$1=AUD 1.06]; Against the US$ the AUD climbed 94.24 basis points (or 0.9%) for the day; climbed 2.0% for the week; added 2.5% for the month; soared 23.9% in the past year.


Source: www.BuySellTips.com  

Bei Zertifikaten gibt es ja durchaus das Emittentenrisiko, das Risiko der Pleite des Herausgebers. Bear Stearns hat das ja schon mal vorgespielt.

Wie schaut es bei den Bougainville-ADR aus? Die Originale sind ja angeblich irgendwo bei einer Bank hinterlegt. Was passiert, wenn diese in Schieflage gerät? Wie weit hinten steht der ADR-Inhaber dann in der Gläubigerkette?

Wer kennt sich da aus?

Christian
 

müssten bei den Pos 3-7 der Top 20 Shareholder hinterlegt sein.

http://www.stocknessmonster.com./news-item?S=BOC&E=ASX&N=295514

Wer weiter Interesse an BOC News hat muss sich die jetzt eine zeitlang selbst suchen.
Ich reise morgen ab zu den Galapagos u. von dort am 6.5. weiter zur HV nach POM.

 

Hallo,

ich wünsche Euch angenehme Reise und Toi, Toi, Toi für die BOC HV.
Ich nehme an, es wird eine Weltumrundungsreise.

Alles Gute und LG
Gertschi  

ADRs/GDRs sind sehr simpel ausgedrückt Zertifikate der herausgebenden Bank mit Auslieferungsanspruch auf das Underlying (die meisten ADRs/GDRs haben ein Bezugsverhältnis von 1:1, aber nicht alle). Also hat man hier natürlich ein Emittentenrisiko und allein die Bank gilt als Eigentümer der Originalaktien, man selbst hält quasi nur eine Inhaberschuldverschreibung. Das ist auch mit ein Grund, ob und in welcher Höhe Dividenden and ADR-Halter überhaupt weitergegeben werden.
Besonderes Augenmerk ist zu legen auf den Begriff "Auslieferungsanspruch", dieser impliziert nicht, dass alle ADRs auch zu 100% mit Originalaktien hinterlegt sind. Bei ADRs/GDRs auf Aktien wie Enron und Tyco wurde dies besonders deutlich, als die emittierenden Banken Originalaktien nachkaufen mussten, da sie den Auslieferungsansprüchen nicht mehr nach kamen.
 

hi  BOC-Freunde,

zu dem Thema ADR´s kann ich noch zum „Guten“ bringen,  dass es lt. Auskunft eines Freundes -Bankangestellter bei ner großen Bank-  genau so viele  ADR´s  gibt wie  Originalaktien  
(nämlich 401.063 Mill. Stück   -Stand August 2005-).
Er hatte mir damals mal  Hardcopys  der Bildschirmmasken aus der Bank  mit den damaligen gültigen Werten geschickt.  
Bei den ADR-Werten war unten noch der Zusatz:  

„One  ADR  represents one Ordinary Share of  BOC AU  
Depositaries:  BoNY ,  CityBank ,  Deutsche Bank ,  JPMorgan“


Dieses bedeutet also,  es gibt für jede Aktie ein ADR-Schein.
Da diese Banken im Höchstfalle nur einen absoluten Bruchteil der Originale selbst besitzen können ….. wie wird der Rest von den Banken „gedeckt“???
Ich selbst gehe mal nicht davon aus, dass  RT  und einige  Andere   den Banken erlaubt hat, seine  rd. 53%  zu nehmen … um damit noch mehr Geld zu „scheffeln“.
Ich zumindest hab keiner Bank etwas erlaubt … mit meinen Papieren etwas zu veranstalten … außer still im Depot liegen zu lassen.

So, nun darf jeder sich seine eigenen Gedanken dazu machen …..
Auf eure Meinung bin ich gespannt …

euer Mitstreiter
Carlchen


Ps.:  Axel, Marcel etc wünsche ich viel Spaß auf ihren "Weltreisen" da unten und auf das ihr Gute News mitbringt ...  

Wenn jetzt jeder hergehen würde und seine ADR in Aktien tauscht, dann müsste doch der Aktienkurs steigen, da manche Banken sich die Aktien besorgen müssten. Sehe ich das richtig? Na hoffentlich nehmen an der HV nächsten Monat nicht mehr als 401 Millionen Aktien teil.

Gruss Peer

Ich hatte heute morgen auch noch einen Gruss an Marcel abgesetzt, der aber leider verschwunden ist.  

wollen auch 2 Boug Minister an dem ESBC Meeting vor der HV teilnehmen.

Grüsse aus Miami  

auch wenn Tom Albanese keine konkreten WiedererÖffnungsschritte bekannt geben kann solange keine finalisierte Einigung zwischen PNG,ABG,BOC u. Landeignern stattgefunden hat.

Dass BOC trotzdem ErwÄhnung fand beweist jedoch das gesteigerte Interesse an RTs "Crownjuwel" ;-))))))))

http://www.theaustralian.news.com.au/story/...97,23594681-643,00.html  

http://www.thenational.com.pg/042508/nation9.htm

Bougainville approves new education policy
By ROMULUS MASIU
THE Bougainville executive council (BEC) yesterday approved the vocational technical education development policy in its meeting in Arawa, Central Bougainville.
President of the Autonomous Bougainville Government (ABG) Joseph Kabui announced the decision in the presence of his key cabinet ministers.
Announcing the decision, Mr Kabui said the policy stresses on the ABG’s aspirations to uplift basic education from Grade 8 to Grade 12 and provide skills training.
“Under the approved policy, precise steps will be taken to absorb the existing vocational schools into the current high school and secondary schools so that there is increased capacity to Grade 9 and Grade 10,” he said.
Mr Kabui said profound rationalisation of vocational schools in Bougainville would further increase opportunities for Grade 8 students to complete Grade 10 and, eventually, Grade 12.
“In other words, this policy will enable all students, as much as possible, to enrol in both conventional and vocational high schools to complete Grade 9 and Grade 10, which means that vocational schools in Bougainville will be operating in par with conventional high/secondary schools,” Mr Kabui said.
“Significantly, there should be two sets of skeleton criteria to cater for those students entering conventional high schools and vocationally-oriented institutions. This means that those students who may not meet the requirements to enter conventional high schools should undergo a separate selection process,” he said.
Mr Kabui said education authorities had been directed to make the people aware of the approved education policy when implementing the BEC decision.

Grüsse aus Quito ;-))  

aus eurem "Abenteuerurlaub",alles gute,und danke für die Grüsse ;-)))  

 

Hi rsb1957, schön das Du hier her gefunden hast...
Auch wenn wir nicht immer einer Meinung waren, fand ich Deine Kommentare produktiv!

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