Trading Bougainville Copper (ADRs) 867948

http://bougainville.typepad.com/newdawn/2010/05/...tart-all-over.html

BY ALOYSIUS LAUKAI

Polling for the second ABG general elections start on Friday.

A total of 218 election teams have been set up and are ready to move to various locations.

All these teams will be in place tomorrow, including teams for Port Moresby, Lae and Rabaul.

Polling booths in Port Moresby will be at Port Moresby, Boroko and Waigani from 10-14 May.

Polling booths in Lae will be set up at the Vele Rumana Building and at Eriku.

Team 218 will be stationed in Rabaul Town and Kokopo for people from the New Guinea Islands region.

Posted at 07:11 PM | Permalink

http://bougainville.typepad.com/newdawn/2010/05/...e-governments.html


BY ALOYSIUS LAUKAI

Former Bougainville Governor and Presidential candidate, John Momis, says village governments should be more empowered so village people feel they have a greater say.

Mr Momis said all forms of village government should be welcomed and amalgamate so that they function properly.

He said that his government, if elected, would include all factions to address issues affecting Bougainville today.

He said he was looking at weapons disposal, good governance and economic recovery if he becomes President of Bougainville.

On investment, Mr Momis said policies must be set to make sure investors are allowed to come to Bougainville and operate in partnership with the people of Bougainville.

He said no outside company will be allowed to operate on its own as it is happening in PNG.

Mr Momis said that there is no closed economy in the world and therefore Bougainville must allow investors to come under Bougainville’s own policies.

Posted at 07:17 PM | Permalink

wäre auch John Momis ein guter und erfahrener Führer für Bougainville, wie man aus dem vorgehenden Bericht entnehmen kann hat er die "richtige" Einstellung!
Wobei James Tanis klar die Nummer eins bleibt, da um einiges jünger und er bereits wie vermutet wird Kontakt zu Rio Tinto in London hatte...

Ich denke, dass das Rennen zwischen diesen beiden Kandidaten entschieden wird.
Insgesamt stehen ja "nur" 7 Kandidaten zur Präsidentschaftswahl(darunter eine Frau)

...habe gestern mit JP Morgan gesprochen. Die Abwicklung des ADR-Programms ist noch nicht ganz durch, d.h. es müssen noch einige Aktien abverkauft werden. Wie viele, wollte man mir nicht verraten. Nur so viel, die Chancen stehen gut, dass man nächste Woche fertig werde. Eine entsprechende Meldung würde dann auf BB veröffentlicht werden.

hi  Pandabärchen,

ups, Tschuldigung, Ich hab mich da total in den Spalten vertan und mich irritieren lassen; war mein Verschulden.


Aber sind die Shares schon übertragen???

allen nen schönes Weekend
Carlchen


Ps.: auch ich habe natürlich nix dagegen, wenn der Kurs in nächster Zeit auf über "40 Euro" steigt
(aber bitte vor der Hyperinflation, die sehr sicher kommt, so wie man das Geld "druckt und verschenkt" ...)

......a deal to develop liquefied natural gas in Victoria.

http://thebull.com.au/articles/a/11212-asx-expected-to-open-lower.html

....da hat der Journalist wahrscheinlich ordentlich gepennt und Bougainville Copper mit BOC Gas verwechselt.... ;-)

gehört jetzt vielleicht nicht so ganz hierher aber
wahrscheinlich desshalb: (auch eine alte SL Empfehlung Gesamtprojekt Falkland)

gestern:


DESIRE PETROLEUM PLC REGISTERED SHARES LS -,01 (913636)
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Kurs vom 06.05.2010 17:48
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Sie haben Öl gefunden.

Und für die die dabeigeblieben sind STEUERFREI  ;-)))

Desshalb:

http://www.youtube.com/watch?v=a37bBm8pXSk

Das sehen wir mit Sicherheit hier auch noch.  ;-))))))))))))))

HOFMAN: Ok so it could come out in the coming days and what's security like now, has there been an additional deployment of police officers?

FOX: There was a big show by police in the last day or two. So they certainly put on a big show and asked people to play it safe during the elections as well.

HOFMAN: And as for the candidates has there been any indication as to whether we're likely to see a change in power?

FOX: Well there's certainly been a lot of talk that John Momis, he's the former governor of Bougainville, he resigned as PNG's ambassador to China, that he certainly could be a leading candidate. And perhaps people are thinking that after they gave James Tanis some time as the President, he's a much younger man, that perhaps it's time to put the leadership back in the hands of an older more conservative leader. But it's quite a hard area to penetrate unless you're actually on the island. So we're looking forward to going there next week to really get the feel and the views of people.

HOFMAN: What about the major issues that candidates have been addressing? Presumably there's the referendum on independence and possibly also the future of the Panguna copper mine?

FOX: That's right, the future of the mine is a big issue and that's tied up into the issue of independence.

If Bougainville was to become independent it needs some form of revenue, and the most likely source of that is the Panguna copper and gold mine. But opinion still seems to be divided on the island, some groups are saying they do want it to be open, other groups, in particular we spoke to the Panguna Women's Landowners Association a couple of weeks ago, they're opposed to it.

I certainly know that the incumbent President James Tanis is in favour of having it reopened if that's what the people want. John Momis' traditional on this isn't so clear, and it'd have to wait until we actually got to Bougainville to find out the views of the other five presidential candidates as well.

So the future of the mine is a big issue, independence as well and just the economic future of the country. As I mentioned there isn't really a great source of revenue there at the moment and they need to find a way to get that and continuing the peace process is another main issue and the destruction of weapons and ammunition on the island as well.

Kind Regards

http://australianetworknews.com/stories/201005/2893512.htm?desktop

Campbell Cooney, Pacific Correspondent

Last Updated: 9 hours 4 minutes ago

The Autonomous Region of Bougainville has begun voting for the MPs who will make up its next government.

Voting began today in the capital of Buka and the Acting Electoral Commissioner for the Autonomous Region of Bougainville, Raitama Taravaru says polling stations will open across the region on Monday.

"There's a great number of voters turning up at polling places," he said.

"The reports I'm getting from the head of the police have been very positive.

"Everyone is looking forward to this election."

The polls will be the second for the autonomous region since the end of the long-running civil war with Papua New Guinea, which claimed thousands of lives due to violence, starvation and sickness.

This year's election will also be the first time that polling will be permitted by rebel leaders in areas surrounding the Panguna Copper Mine, the operation of which was a flashpoint for the start of the civil war.

There have been some reports of violence related to the polls, which close on May 21, with the return of writs ending on June 9.

http://bougainville.typepad.com/newdawn/2010/05/...t-is-underway.html

Voting for new B'ville government is underway



Polling for the second Bougainville government started at 8 this morning.


Election Team 8 for the Tsitalato seat started at Sohano Island.


Ambassodor John Momis, Presidential candidate and hot favourite. is pictured by Aloysius Laukai voting at Sohano. He was the first candidate to vote when polling started.


New Dawn FM, accompanying the UN observer mission, will follow the leaders' voting. Current President James Tanis will vote in Bana on Tuesday next week.

Posted at 02:00 PM | Permalink

http://www.scoop.co.nz/stories/WO1005/S00168.htm

Friday, 7 May 2010, 12:56 pm
Press Release: Pacific Island Forum  
Forum observer mission to Bougainville central elections

An election observation team from the Pacific Islands Forum will travel to Bougainville for the upcoming General Election from 7-24 May 2010. This is the second time the Forum will observe the Bougainville election having sent a team to observe the first election in 2005.

Acting Forum Secretary General Mr Feleti Teo expressed the Forum’s appreciation for the opportunity to observe the election, adding that the Forum recognises “elections observation as an important good governance exercise, which is furthermore commensurate with Forum Leaders’ objectives under the Pacific Plan”.

MANY candidates contesting in the second presidential election are busy with their campaigns. Some of them have been hiring trucks to transport them from one place to the other to conduct their campaign. Others have been using other means available to conduct their voter catching. Pictured is candidate for the south Bougainville’s ex-combatant’s seat Joshua Kangku on his way on a bicycle to conduct his campaign. Mr Kangku has been riding on his bicycle to seek out votes in most parts of the south Bougainville area.

Picture: WINTERFORD TOREAS

The delegation will first travel to Vanimo, Sandaun Province of Papua New Guinea where they will meet with the Governor and senior officials of the Sandaun Provincial Government. The delegation will then travel on to the Wutung Border post between Papua New Guinea and the Indonesian province of Papua and will meet with various Law Enforcement Officials manning their common border.

From the Wutung Border Post, the delegation will then travel by road to Jayapura, capital of Papua Province of Indonesia where they will meet the Governor of Papua Province and his officials as well as to meet with the Chamber of Commerce and Trade and other relevant officials in the province.

The visit is being facilitated by the Papua New Guinea Government and Indonesian Government through its Embassy in Port Moresby, says High Commissioner Bata’anisia.

The Solomon Islands delegation returns to Solomon Islands on Sunday 16 May 2010.

 

0.47 €

http://www.postcourier.com.pg/20100510/mohome.htm

By FABIAN GATANA

POLICE manpower in Bougainville is outnumbered by polling officials and teams and deployment to each polling booth is at least two policemen/women, says the region’s assistant commissioner of police Thomas Eluh.
Bougainvilleans throughout the region fronted up at the polling booths to cast their votes for the new ABG Government last Friday.
Deployment of police in north Bougainville started on a high note with those in the central and south a little slow.
Commander Eluh said although his men could not cater fully for the 200-plus polling booths scattered throughout the region, he was confident his policemen and women would effectively provide support and security of the election right up to the swearing in of new members. He said they were trained on specifics, especially based on the provision of security over the election period.
He said there will be two policemen/women to each polling booth all over the region and he was confident there would not be any major disruptions during polling and counting.
But ACP Eluh over the weekend appealed in the strongest manner to the people, the leaders and the candidates to “own” this election, protect and respect it so that there would not be any major incidents affecting the smooth operations of the election.
“Since the start of polling, there has not been any incidents. I appeal strongly to the leaders and candidates to allow every process to take place. This election is very important to the people of Bougainville.
There has been no major disruption to campaigns by individual candidates throughout the region and leaders and I appeal for the same during the polling and counting periods,” said Mr Eluh.

On Monday, in a trip south from Bougainville's centre Buka to the former capital Awara, AAP visited five polling stations with a team of international election monitors.

All stations reported low voter turn-out and frustration that many had been turned away because their name was not on the roll.

In a country awash with guns, fractured politics and unhealed wounds there are always fears disagreements could escalate into more bloodshed.

Polling will be held in PNG's Autonomous Region of Bougainville for 44 seats, including the top job of president, until May 21 with a president expected to be announced in early June.

Despite a list of hopefuls, the election will be an inter-generational race between current president James Tanis and the older John Momis, who has recently returned from China where he was PNG's ambassador.

Mr Tanis, 43, a former fighter in the Bougainville Revolutionary Army, replaced rebel leader-cum-president the late Joseph Kabui, who died of a heart attack in 2008.

Mr Momis, 71, is a popular former Catholic priest, former Bougainville governor and former PNG MP who polled well against Kabui in the region's first presidential race in 2005.

The most difficult task for the new president will be brokering which way Panguna landowners will go in Bougainville's efforts to re-open the controversial mine.

Panguna, in central Bougainville, was once home to the world's largest gold and copper mines, making Bougainville PNG's most prosperous province and providing a quarter of the country's gross domestic product (GDP).

Disputes over royalties, environmental concerns and other grievances led to a total blockade of the island and a guerrilla campaign that was labelled the "Coconut Revolution" due to the rebels' reliance on coconuts.

But the struggle left the once impressive infrastructure decayed and dilapidated. Some believe Bougainville is in such a poor economic state that it is not ready to go it alone.

So, while the Panguna mine sparked the struggle, it is now seen as a key to unlocking Bougainville's independent future. Especially since BCL reported to the Australian Stock Exchange last year that more than a billion tonnes of gold and copper ore remains in the Panguna site.

Panguna landowners remain divided and the post-conflict politics would be quite complex for any president.

Mr Momis, with closer connections to PNG and China, is seen to be more cautious of the push for independence.

His status as an elder may help resolve the raft of disputes that continue to block prosperity in Bougainville.

Both men have a tough job ahead but the toughest job for anyone is to predict Bougainvillean politics.


© 2010 AAP

FOX: At this stage I don't think it's creating ill-feeling, certainly inconvenience and annoyance, that's probably as far as the feelings go. And of course these problems with the electoral roll at not unique to Bougainville, it's a major problem for Papua New Guinea as a whole when there are elections here. Indeed it's led to calls for voter ID cards that perhaps might have bio-metric information stored on them to certainly cut down on voter fraud, but also cut down on the disenfranchisement of voters.

COUTTS: Well Panguna in the past has caused all sorts of problems for the province, are they expecting trouble from those areas again in this round of elections?

FOX: No, we're actually hoping to go to Panguna the mine site today, and the reason we're going is that former rebel groups that have been in control of the mine site ever since the civil and secessionist war here have decided to allow polling officials in to conduct elections in there now, this is the first time that's been done for a general election.

COUTTS: Well you've mentioned the election observation team, the Pacific Islands Forum to travel to Bougainville for the election, only the second time that the officials are going for elections. Have they actually arrived?

FOX: Yes we actually travelled with a group of election officials from Buka to Arawa yesterday, and we all stopped in at these polling stations along the way. As well as the Pacific Islands Forum, there are representatives from the Pacific Islands Forum itself, there's also observers from the Australian government, I understand the US Embassy in Papua New Guinea has also sent an observer or two, and they're also from the East West Centre in Hawaii.

COUTTS: Well how long is the actual voting period, when will it close?

FOX: It goes for two weeks; it started on Friday and will go to next Friday.

COUTTS: And how long will it take for the counting to be completed?

FOX: Early July, there's expected to be returns and I guess it takes two weeks for the elections be held because the country, Bougainville itself doesn't have the resources to be able to hold a simultaneous election across the island, which is an incredibly rugged place. What they need is two weeks to roll out the elections so to speak.

http://www.postcourier.com.pg/20100511/tuhome.htm

AS the saying goes, it is only in Bougainville that one can find many odd looking things. Pictured is one of the vehicles from Buin parked at the roadside of Laitaro Primary School. This vehicle was used by one of the candidates contesting the ABG elections to conduct his campaigns. Standing next to the car is Cleland Sania from Siwai district, who could not resist his desire to study the car up close. Cleland was amazed after seeing that this car had many “homemade” parts. This vehicle is one example of the many “old-bombs” that can be found in Bougainville.

Words and Picture: WINTERFORD TOREAS

........peace and order. http://www.postcourier.com.pg/20100511/tuhome.htm PNG a mining tax haven By ERIC TAPAKAU PAPUA New Guinea is well positioned to host the growing number of Australian miners that are reconsidering their investments “down under” because of the proposed super profits tax. The new tax proposed by Prime Minister Kevin Rudd has already seen millions of dollars worth of exploration and expansions plans stalled by miners such as Rio Tinto and Xstrata. Xstrata is the majority stakeholder in the world class Frieda River copper exploration program. Rio Tinto is the major stakeholder in Bougainville Copper Limited, the owner and once operator of the lucrative Panguna copper and gold mine in Central Bougainville, Autonomous Region of Bougainville. With new developments going on in Bougainville, Rio Tinto is closely watching the progress towards peace and order. Introduced in 2002, Papua New Guinea’s taxation regimes in the mining and petroleum sector are said to be more competitive with its neighbours and since then, many companies in both sectors entered this country to take advantage of the new fiscal regimes.

Australian mining magnate Clive Palmer made no secrets about his intention to invest in Papua New Guinea when he told the Courier Mail that his next project would be in Papua New Guinea. 

 

auch durch das überraschende, mehr als 1.000 Mrd. Paket der Euro-EU vom 9.Mai 2010 zusätzlich.
Für die  Staatsgründung von Bougainville ermöglicht das Paket einen weltweit einmaligen Start für ein neu auf der Weltbühne auftretendes Mitglied.

Das gegen die internationalen Spekulanten gerichtete Paket der Euro- EU wird zu einer Verlängerung des Verschiebens von Vermögenswerten in sicherere Bereiche führen. Gleichzeitig werden die scharfen Steuererhöhungen und Einsparungen in der Euro EU die Nachfrage nach Konsumgütern kräftig reduzieren.

Nebenbei - und das ist sehr zu begrüßen - wird durch diese Sparprogramme in der EU auch die Ökobilanz unserer Erde verbessert, da demnächst weniger Kiwi aus Neu Seeland oder Steaks aus Argentinien, mit zu hohem Energieaufwand für Transport, von Europa abgenommen werden.

Diese Situation steigert die Nachfrage nach Gold, Silber, Kupfer und weiteren, gut lagerfähigen Produkten, die als Geldersatz oder als strategische Rohstoffe genutzt werden. Da gleichzeitig der Verbrauchskonsum durch die schafen Einsparungen im Euro- EU Raum zurück geführt wird, begünstigt auch das die Anlage in Gold / Silber als Geldersatz für die nächten Jahre.

Diese einmaligen Vorteile für Bougainville als Lieferant dieser Waren werden auch dann zum Wohl der Bevölkerung und des Landes genutzt werden können, wenn Bougainville sich bei der späteren Volksabstimmung nur für einen begrenzt autonomen Status innerhalb von Papua Neu Guinea entscheidet.
Die Verteilung der Minensteuern zwischen Port Moresby / Buka / Arawa ist hier der Schlüssel.

Analysiert man die Gesamtsituation um Bougainville, so kann man nur staunen, wie hier möglicherweise aus einem Saulus (Bürgerkrieg, Leid, Not, Pein,...) ein Paulus (frei verfügbare Steuereinnahmen, Arbeitsplätze, Schulen, Krankenhäuser, Straßen, Wohlstand für Alle,...) entstehen könnte.

Da kein Mensch weiß, wie lange dieser Trend zu Ersatzwährungen anhält, ist der wichtigste Stolperstein auf diesem Weg die Zeit.  Die Äußerungen verschiedener Beteiligter zeigen hier allerdings auch, daß sie sich der einmaligen historischen Chance zunehmend bewußt sind.

http://www.solomonstarnews.com/news/national/5725-pacific-group-formed-to-work-on-peace-building- PARTICIPANTS attending a regional workshop on peace building have formed a virtual community to continue working together on local, national and regional peace building initiatives. Made up of civil society, members of the government, regional organisations and United Nations Development Programme (UNDP), the Pacific Peace Community has set itself some national and regional level follow on activities. More than 50 participants from Bougainville, Fiji, Papua New Guinea, Solomon Islands and Tonga attended the UNDP Pacific Centre organised workshop that started on May 3 and finished yesterday. Simon Mannie, a member of Solomon Islands based civil society organisation, Sycamore Foundation, said he found the workshop very useful. “One of the key things I learnt through this workshop is the way in which a consultative policy development process can help address the contributing factors of conflict,” Mr Mannie said. “As highlighted during this workshop, it is important also that the individual, the community and the institutions link together and work for peace building,” he said. The Bougainville Autonomous Government’s Chief Executive Officer of the Division of Peace, Reconciliation and Weapons Disposal, Dennis Kuiai found the workshop encouraging. “I see this workshop as a motivator and a driving force to proceed with the policy decisions that the Autonomous Bougainville Government had decided,” he said. “It is a policy direction on a co-ordinated approach to peace and development in Bougainville,” Mr. Kuiai said. The peace building work that will follow on from this workshop will include regional initiatives like a regional consultation with the private sector, and a regional workshop on peace journalism. National level consultations are also planned over the coming year. Siosio Po’oi Pohiva of the Friendly Islands Human Rights and Democracy Movement in Tonga found the workshop timely and relevant to situations like that in his country. “Having identified the importance of engaging relevant stakeholder in the peace building process, that is a challenge that needs to be addressed in order to apply the strategies and lessons learnt during this workshop,” Mr Pohiva said. UNDP Pacific Centre’s Conflict Prevention and Peace Building Expert and organiser of the workshop, Tracy Vienings said she was particularly impressed with the dialogue that has started between the government and the CSOs on linking peace and development. “I believe that this workshop has a created a broader understanding of the linkages between peace and development. “The implications of this are that participants are thinking about how to also address the underlying causes of conflict, not only mediating them as they occur,” Ms Vienings said. The workshop was part of the Strengthening Capacities for Peace and Development in the Pacific project. It’s objectives are to strengthen the cadre of peace practitioners from the Pacific whose work and approach will hopefully be further strengthened through skills building, up-scaled policy interventions, the regional sharing of good practices and effective peace building mechanisms suited to the Pacific - and through improved access to resources and expertise made available through a Pacific Peace Community supported by the project. One of the key issues is not to duplicate work being done at the regional level or the national level, but rather to complement and add resources to current initiatives.

Man kann sich ja mal wieder den Spaß machen auf Basis der aktuellen Marktpreise die Reserven je Aktie zu berechnen.

Bei insgesamt rund 400 mio. Aktien und 1 Mrd. t Reserven sind das 2,5 Tonnen je Aktie. Unterstellt man 0,33% Kupfer pro Tonne bzw. 0,37g Gold/Tonne so kommt man auf 8,25 kg Kupfer/Aktie b. 0,925g Gold/Aktie. Bei aktuellen Marktpreisen von USD 1244/Oz und USD 7107/Tonne kommt man auf USD 58,63/Aktie für Kupfer und USD 36,88/Aktie für Gold. Insgesamt macht das USD 95.51/Aktie oder EUR 75.36/Aktie.

Damit werden die Reserven an der Börse mit 0,6% bewertet. Als grobe Daumenregel werden im Markt üblicherweise 8% angesetzt. Das daraus resultierende Kurspotential – allein bis zum Abschluss der Neuverhandlungen über ein neues BCA - kann sich jeder selbst ausrechnen (Silber, Moly und 7 weitere Lizenzen unberücksichtigt).

Die Daten sind nachvollziehbar.

Um so wichtiger ist es jetzt, unbedingt das Problem Zeit zu lösen, indem alle Beteiligten vor Ort ohne Berührungsängste gemeinsam mit höchstem Tempo arbeiten.

Besonders nach dem Schritt der EZB ist es sehr wahrscheinlich, daß das internationale Währungsproblem, welches zu den hohen Rohstoffpreisen führte, vor dem Ende des Bergbaus in Bougainville, so oder so gelöst wird.

Die Schnelligkeit der Öffnung bedeutet also einmaligen Mehrwert für ALLE Beteiligten.