Trading Bougainville Copper (ADRs) 867948

Gesunde Gewinnmitnahmen heute im weiter aufsteigenden Gesamttrend?

Ich bin fast froh, dass es heute "endlich" mal auch zu Gewinnmitnahmen kam und wir nicht in einem Rutsch nach oben schießen, um dann -parallel zum letzten Jahr - wieder nach unten zu rauschen.

Lasst uns ruhig mal ein bißchen "konsolidieren" und dann den Weg gen Norden wieder aufnehmen. Die AUD 2 fallen bald........  

BOUGAINVILLE COPPER LIMITED (BOC)    

Stock Report

03 June, 2008 (16:00:00 AEST)



Bougainville Copper (BOC) crashed 18.50c (or 11.1%) to $1.48, its largest fall of the last six months. The fall is the largest in percent terms since it crashed 12.0c (or 10.7%) on January 18, 2008. Compared with the All Ordinaries Index which fell 78.2 points (or 1.4%) on the day, this represented a relative price change of -9.8%.

PRICE VOLUME DYNAMICS
Volatility: The stock traded between an intraday high of $1.48 and a four-day low of $1.40.
Moving Average Price (MAP): The price to 200-day MAP ratio is 1.36, a bullish indicator. In the past 200 days this ratio has exceeded 1.36 48 times suggesting further upside. The stock is trading above both its MAPs and the 50-day MAP of $1.11 is higher than the 200-day MAP of $1.09, a bullish indicator. The 200-day MAP has increased to $1.09. An increase is another bullish indicator. In the last three months the number of rises outnumbered falls 30:27 or 1.1:1.
Relativities: Since open its percentile rank in the Australian market was 4. In the Australian market of 2,095 stocks, the stock has a 6-month relative strength of 86 which means it is beating 86% of the market.
Volume and Turnover Period: There were 186,831 shares worth $274,974 traded. The volume was 3.9 times average trading of 47,711 shares. The turnover rate in the 12 months to date was 3.02%. This average length of ownership of the stock at 31.1 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 23.7% to the 12-month high of $1.94 and a premium of 102.7% to the 12-month low of 73.0c.
Volume Weighted Price (VWP): The price is at a premium of 11.1% to the 1-month volume weighted average price of $1.33. Given that this premium has been under 11.1% ninety-three times and over 11.1% thirty-three times in the last year, the downside:upside probability is estimated at 93:33 or 2.8:1.
Beta is 1.3.


Access current Stock Research on BOC for: charts and tables, Daily Stock PDF, Weekly Stock Report, Internet Tracker (including Reported Buying & Selling, Company website, Announcements etc) and Results


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 3.99 or US$7,980 [AUD 8,351] per tonne. It plunged $US0.07 or 1.6% on the day. Trailing one week, it crashed $US0.22 or 5.2%. Trailing one month, it plummeted $US0.35 or 8.1%. Trailing one year, it added $US0.19 or 5.0%. In the Australian market of 2095 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 35. This indicates it is beating 86% of the market (rank 224 out of 1599) in the last 6 months and has underperformed 65% of the market (rank 1034 out of 1600) in the last 24 hours.

The gold price in US$ per troy ounce was 888.2 [AUD 929.6]. It added $US5.25 or 0.6% on the day. Trailing one week, it plunged $US34.5 or 3.7%. Trailing one month, it advanced $US35.25 or 4.1%. Trailing one year, it soared $US221.75 or 33.3%. In the Australian market of 2095 stocks, 53 sectors, 20 indices and 14 commodities, the gold price in AUD has a 6-month relative strength of 84 and a 1-day relative strength of 68. This indicates it is beating 84% of the market (rank 262 out of 1599) in the last 6 months and has outperformed 68% of the market (rank 504 out of 1600) in the last 24 hours.

The silver price in US$ per troy ounce was 16.9 [AUD 17.6]. Trailing one week, it crashed $US0.96 or 5.4%. Trailing one month, it increased $US0.22 or 1.3%. Trailing one year, it soared $US3.33 or 24.6%. In the Australian market of 2095 stocks, 53 sectors, 20 indices and 14 commodities, the silver price in AUD has a 6-month relative strength of 86. This indicates it is beating 86% of the market (rank 216 out of 1599) in the last 6 months.

The following indices and sectors fell setting the trend for its fall of 11.1% (rank by percentage price change of stock for 1 day;6 months in sector/index in brackets):
Copper Sector (rank 72;8 out of 73) which was down 174.9 points or 1.8% to 9,435.3,
Base Metals Sector (rank 78;10 out of 84) which was down 173.6 points or 1.8% to 9,424.7,
All Ordinaries Index (rank 384;41 out of 420) which was down 78.2 points or 1.4% to 5,703.0,
Diversified Metals & Mining Sector (rank 126;22 out of 142) which was down 119.7 points or 1.1% to 11,037.9,
S&P/ASX 200 Materials Index (rank 393;76 out of 467) which was down 154.1 points or 0.9% to 16,159.8,
Mining & Oil Sector (rank 498;127 out of 571) which was down 62.5 points or 0.6% to 10,941.2,
Total Australian Market (rank 1500;213 out of 2126) which was down 31.4 points or 0.5% to 6,081.1

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% [19.8%]; rank 7 out of 11; P/E of 377.5 [8.6]; rank 14 out of 16.

SHAREHOLDER RETURNS
Trailing One Week: The stock rose three times (60% of the time) and fell twice (40% of the time). The volume was 2.4 times average trading of 238,555 shares. The value of $1,000 invested a week ago is $1,184 [vs $982 for the All Ordinaries Index], for a capital gain of $184.
Trailing One Month: The stock rose twelve times (55% of the time), fell nine times (41% of the time) and was unchanged once (5% of the time). The volume was 1.4 times average trading of 1,049,642 shares. The value of $1,000 invested a month ago is $1,423 [vs $993 for the All Ordinaries Index], for a capital gain of $423.
Trailing One Year: The value of $1,000 invested one year ago is $1,762 [vs $921 for the All Ordinaries Index], for a capital gain of $762. The total return to shareholders for 1 year is 76.2%.
Trailing Five Years: The value of $1,000 invested five years ago is $13,455, for a capital gain of $12,455.


 

http://www.rnzi.com/pages/news.php?op=read&id=40143

Schwer vorstellbar dass sich Kabui angesichts der überwältigen Opposition noch lange halten kann. ;-))))))))))))))))))

Radio New Zealand International

Bougainville women call forum to discuss Invicible role
Posted at 03:19 on 03 June, 2008 UTC

A women’s group in the autonomous Papua New Guinea province of Bougainville says it has called a forum for Thursday so the provincial Government can explain a secret deal with the Canadian company, Invincible Resources.

Invincible has bought a 70 percent stake in the Bogenvil Resource Development Corporation.

The provincial government says the company’s role will be to attract and facilitate foreign investment to exploit the province’s resources.

But some on the island have called the deal a sellout that gives Invincible control of its valuable mineral resources.

Monica Taga of the Bougainville Interchurch Women’s Forum says the people don’t know what has been agreed to.

“We don’t know about these things this latest development. Who the company belongs to, who are the shareholders and their interest in starting up six new mines.”
Monica Taga.

Two months ago the national government began the process of handing down powers which eventually will give the provincial government the right to decide on mining activities  

...man kann nur hoffen, dass ein möglicher Machtwechsel ohne Gewalt abläuft. Wer weiss, ob Kabui einfach so sein Amt räumt oder nicht selbst oder seine Fans Amok laufen.  

Liebe Freunde,

Vor knapp zwei Jahren haben wir uns zum ersten Mal in Köln versammelt. Seither hat sich bei Bougainville Copper vieles zum Positiven weiter entwickelt. Darüber und über eine noch effizientere Arbeit unserer Gruppe sollten wir wieder einmal reden.

Deshalb lade ich hiermit alle Mitglieder und Interessenten zu einem 2. Treffen der ESBC ein.

Termin und Ort:

Sonntag, 15. Juni 2008  15:00 Uhr wieder in Köln (Adresse per BM ;-))))))

Da ich schon am 12.6. nach Köln fliege, wäre es nett, wenn mir Zu- und Absagen bis zum 10. Juni 2008 per Email übermittelt werden könnten.

Mitgliedern, die weiter entfernt von Köln leben, sei gesagt, dass ein Wochenende in der Domstadt gerade im Sommer durchaus reizvoll ist.

Mit besten Grüßen

Axel G. Sturm

Escaldes-Engordany, 3. Juni 2008  

Die ADR werden in den USA OTC gehandelt. Allerdings in der zweitniedrigsten Kategorie "Grey market":

There are no market makers in this security. It is not listed, traded or quoted on any stock exchange, the OTCBB or the Pink Sheets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult

http://www.pinksheets.com/pink/otcguide/investors_market_tiers.jsp

Wird Zeit, dass die Aktien/ADR´s stärker in den Mittelpunkt der Anleger rücken, dann werden die Aktien auch handelstechnisch ein paar Schubladen höher wandern.  

Nettes Schaubild, wie die Cancellation der ADR´s funktioniert:

www.adr.com > shareholder services > ADR and ADS > How Do I Convert My Foreign Shares Into ADRs and Vice Versa?  

in jeopardy over controversial deals

http://www.rnzi.com/pages/news.php?op=read&id=40159

Posted at 22:33 on 03 June, 2008 UTC

There are claims that President Joseph Kabui’s hold on power in the autonomous Papua New Guinea province of Bougainville may be in jeopardy over three controversial projects initiated by his Government..

The Post Courier newspaper says his presidency is likely to face a challenge when Parliament sits next Tuesday.

The paper claims that two thirds of the House is prepared to pull the Government out of the projects.

These are the newly established Bogenvil Resources Development Corporation which is to be 70 controlled by Canadian company, Invincible Resources, and a smelter assay laboratory.

There are also petitions from throughout the province calling on Mr Kabui to resign over his involvement in what the newspaper calls the Invincible scandal.

The Post Courier says two ministers and six MPs spoken to on Monday say that next Tuesday the parliament "will be on fire" as explanations are demanded from Mr Kabui  

Ist schon echt der Hammer die Kursentwicklung in Aus. Gibt es positive News, kaufen einige blind billigst und treiben den Kurs nach oben. Ist die Kaufwelle vorbei, reichen schon einige poplige Stücke um den Kurs genauso schnell wieder nach unten zu pushen. Bestes Beispiel: Um 8 Uhr sucht ein Käufer noch 4602 Stück zu 1,30. Das sehen einige, dummerweise wollen diese aber 8.900 verkaufen. Was passiert? Tja, dann reichen wir den Kurs halt auf 1,155 durch. Respekt!

Was wir bräuchten ist ein großer Investor, der über einen längeren Zeitraum Stücke kauft und damit ein Netz nach unten bildet.  

Tricksen ist im Moment gang u. gäbe.Wer sich davon einschüchtern lässt hat in BOC nichts verloren.Wer seit der Zeit Ona's investiert ist den kann so leicht nichts erschüttern.  ;-)))))))))))))

I hear from a reliable source, that Phillip Rali, Country Manager for Invincible, (Often seen in Cowboy clothes - how appropriate) also former Batman to Sam Kauona (When he was a Lieutenant, i.e. before he declared himself a General), has been running around Bougainville,trying to hand out gifts to win popularity. It would appear that these are being seen for what they are - an attempt to buy popularity. An insult  to the people of Bougainville.

Cheers

http://www.rnzi.com/pages/news.php?op=read&id=40154

Bougainvillean chairman of resource developer confident Invincible deal is good
Posted at 22:33 on 03 June, 2008 UTC

The chairman of the Bogenvil Resource Development Company, Robert Atsir, is adamant that their involvement with a Canadian company, Invincible Resources, is very good for Bougainvilleans.

There is growing opposition in the Papua New Guinea province to the deal with Invincible, which has seen them take a 70 percent stake in the BRDC, though Mr Atsir, a Bougainvillean businessman, will continue to chair the board.

He says the company understands the concerns Bougainvilleans have over foreign involvement, but he says the Invincible arrangement is not like the days of Bougainville Copper.

“They understand our standpoint, and they have been willing to sit down and listen to us. And we are able to get people who understand where we are coming from and therefore by doing that there is a major shift in the way foreign investors approach their investments in less developed economies.”
Robert Atsir, who says neither he nor Bougainville President, Joseph Kabui, will be able to attend a public forum on the Invincible issue tomorrow as they are attending the Governor’s conference in Manus




BOC - Bougainville Copper Limited  

Trade Date         Time      Quantity        Price  
4  Jun  2008     4:10:34 PM  98              1.155          
4  Jun  2008     4:10:34 PM  1,700           1.155          
4  Jun  2008     4:10:34 PM  2,000           1.155          
4  Jun  2008     4:10:34 PM  500             1.155          
4  Jun  2008     4:10:34 PM  4,602           1.155          
4  Jun  2008     1:01:44 PM  100             1.250          
4  Jun  2008     1:01:07 PM  5,000           1.300          
4  Jun  2008     1:01:07 PM  4,400           1.310          
4  Jun  2008     1:01:07 PM  3,796           1.310          
4  Jun  2008     1:01:07 PM  300             1.315          
4  Jun  2008     12:05:53 PM  4,605          1.330          
4  Jun  2008     12:05:53 PM  300            1.335          
4  Jun  2008     12:00:42 PM  5,395          1.330          
4  Jun  2008     12:00:42 PM  2,305          1.335          
4  Jun  2008     12:00:42 PM  300            1.335          
4  Jun  2008     11:23:01 AM  396            1.400          
4  Jun  2008     10:16:18 AM  1,604          1.400  

President Kabui and his mob arrive from Manus in Port Moresby today

Apparently, they are puting people on their(BRDC/INVINCIB LE)payroll
to gain acceptance. The good thing for us, is that all this "big man"
mentality does not work on Bougainville. I hope that these people
will just get the money and tell invincible to f*** off.  

Wie ist die morgige Sitzung zu verstehen?
Muss der Invincible Deal dort abgesegnet werden? Hat Kabui sein Schicksal mit der Ratifizierung verknüpft oder kann dieser nur mit einem Misstrauensvotum und 2/3 Mehrheit aus Amt und Würden geajagt werden?  

Auch wenn es sich für den einen oder anderen vielleicht "zynisch" anhört - aber ich kann dem gestrigen Handelstag aus "charttechnischer" Sicht fast nur Gutes abgewinnen

-Alle jüngst gerissenen Gaps sind zu

-Trotz 20% Tagesverlust haben wir nur ein absolutes "Mikrohandelsvolumen" = die Leute mit dicken Stückzahlen sitzen das lässig aus....

 

Wie gehts weiter? Technisch bildet der MACD gerade ein VK-Signal, jedoch halte ich deutlich tiefere Kurse für fast ausgeschlossen - dafür wird alleine schon die politische Entwicklung auf Bougainville sorgen. Die Entmachtung Kabuis ist nach meinem Eindruck eher eine Sache von Wochen, als von Monaten.

Sollten dann Leo Hannet oder Sam Akotai an die Spitze des ABG rücken, hätten wir nicht nur einen "BOC-freundlichen" sondern auch kompetenten Präsidenten als Verhandlungspartner...

Ich denke die nächsten 8-12 Wochen werden hoch interessant und turbulent - allerdings erwarte ich einen ziemlich positiven Ausgang;-)

 

 

hi

ich find es einfach nur herrlich bzw lustig, was es an den Börsenplätzen dieser Welt für "Kursfeststellungen" gibt.
Da läuft der Kurs in AU mal wieder ein wenig hoch, alle beschrein und bejubeln es ...
... und in DL läuft er "fast ständig" 10 - 20 Prozent hinterher.
Fällt er in AU dann wieder "kräftig" durch wenige "manipulierte?" Order ... so merken es die "dummen" in DL nicht einmal ...
... und kaufen prompt für fasst 20 Prozent zu teuer ein.
Ich gratuliere demjenigen, der diese Konstelation vorher schon wußte und dieses Spielchen "umgekehrt" mitspielte.

Wahrscheinlich wird letztendlich sich der Verk. in ein paar Monaten ärgern,
außer er ist derjenige, der sich die billigen in AU geschnappt hatte und damit rechnet, das er heut oder morgen Nacht die Stücke in AU für unter 1AU$ wieder bekommt.

Ich sitze nur gemütlich auf dem Balkon, schlürfe meinen Kaffee und amüsiere mich ... hi hi hiii

allen noch ne schöne Zeit
Carlchen  

http://tvnz.co.nz/view/page/536641/1829663

Bougainville women's forum
Jun 4, 2008 10:05 PM

Bougainville women will hold a forum on Thursday to air their grievances over the running of their province, in particular a controversial mining rights deal and recent political sackings.

Papua New Guinea's Autonomous Bougainville Government (ABG) has granted Invincible Resources, a Canadian mining company headed by Australian-born Lindsay Semple, 70% access rights to the island's vast mineral wealth.

Bougainville President Joseph Kabui and Bougainville Resource Development Committee (BRDC) chairman Robert Atsir have said the arrangement should help attract foreign investment.

The deal will be reviewed once Bougainville is re-established financially and profiting from mining and other resource deals, they have said.

The Invincible deal, which has sparked criticisms from politicians, landowners, business groups, and now a women's coalition, was one of many concerns over Bougainville, PNG's Post Courier reported.

Led by the Bougainville inter-church women's group, tomorrow's meeting will focus on the controversial deal and the sackings of ABG's economic and investment adviser Anthony Luwong and outspoken minister for women Magdalene Toroansi.

Bougainville Copper Limited's (BCL) Panguna mine, which provided unprecedented wealth, infrastructure and resources to the region, remains closed after it sparked years of civil war over land ownership issues.

A generation of Bougainvilleans was lost to the war that captured the world's attention in the 1990s  

Bei der für den 10.06 geplanten Parlamentssitzung des ABG sollte es bei der Abstimmung über Kabui u.den Invincible Deal zu einer 29:13 Niederlage für Kabui kommen.;-))))

Dazu sollte man wissen dass jeder B' viller sich zuallererst seiner Familie u. dann seinem Clan verpflichtet fühlt.Wer jetzt die Clanzugehörigkeiten der ABG Mitglieder u.der Damen die an den Protesten gegen Kabui teilnehmen kennt,braucht nur 1 und 1 zusammenzuzählen um auf das Abstimmungsergebnis zu kommen.

Kabui's Anhänger versuchen jetzt noch verzweifelt mit Geschenken bzw.Postenschacher bei Invincible eine 2/3 Mehrheit zu verhindern.

So oder so sind die BOC Lizenzen durch die Abstimmung nicht direkt tangiert.Eine Absetzung Kabuis würde aber wohl die Wiedereröffnung in greifbarere Nähe rücken.  

Abwesenheit nicht abhalten,ganz im Gegenteil,jetzt werden die Petitionen zur ABG Sitzung vorbereitet. ;-))))))))))))))))))

But the women’s group will go ahead tomorrow, partly so they can feed petitions into next week’s sitting of the House of Representatives.

http://www.rnzi.com/pages/news.php?op=read&id=40170


Bougainville women to meet over Invincible despite Kabui deferral call
Posted at 03:40 on 04 June, 2008 UTC

The Bougainville InterChurch Women’s group has turned down a request from President Joseph Kabui that they defer a meeting calling for an explanation of a controversial deal with the Canadian company, Invincible Resources.

Mr Kabui is attending the Papua New Guinea Governors’ conference on Manus Island and will not be able to make the forum.

But the women’s group will go ahead tomorrow, partly so they can feed petitions into next week’s sitting of the House of Representatives.

They are angry at the lack of information about Invincible taking control of Bogenvil Resource Development Corporation.

The chair of that agency, Robert Atsir, says they hope to change people’s minds with an awareness campaign that is now underway.

He says a recent presentation to the Northern Veterans Association won them over completely.

“About 90 percent of them who came to that meeting were totally opposed to what was going on based on stories they had heard from the street. But once we had given them an hour presentation they were fully behind us. I think the same thing will happen with other groups. It’s just perhaps not getting the right information and hearing things off the street."  

in BOC eingestiegen ist und ohne das nötige Hintergrundwissen jetzt mit Schweissperlen auf der Stirn auf die Kurse starrt,sollte sich mal auf http://www.friendsofbougainville.com/News.cfm?FN=Details&CNTID=15
das 390 Seiten Buch Bougainville-Etablishment of a Copper Mine herunterladen.
Auch wer sich "nur" die Fotos anschaut wird schnell erkennen um welche Dimensionen es hier geht.

Wer das komplette Buch durchliest wird massenweise der breiten Oeffentlich unbekannte Details entdecken z.B. zu Moly,den weiteren Lizenzen,etc.etc.

Diese Publikation stammt übrigens aus 1972,wurde als Arbeitsbericht konzipiert u.dürfte upgedatet in Rios feasibility Studie einfliessen,welche Ende August erwartet wird.

Sowohl die Pangunamine als auch die Studie dürfte damit wohl die am besten dokumentiertesten der Welt sein. ;-)))))))))))  

Das wirft doch einige Fragen auf.

Nach dem Kursanstieg in AU bis auf 1,665 AUD wurden in USA ADRs quasi unlimitiert bis zum Höchstkurs von 1,70 USD (1,77 AUD)gekauft.

War das AU Orderbuch nach dem Kurssprung fast leer,so ist die Ask Seite momentan wieder gut gefüllt.

Stellt sich also die berechtigte Frage ob die von D nach USA verkauften ADRs am darauffolgenden Tag in AU zum VK auftauchen???

Zumindest der MM dürfte diese Möglichkeit haben.  

VOL 20K

BID/ASK 124,5/1,30 AUD

Fast könnte man glauben dass der Aussi Kurs sich dem in D anpasst,sogar im VOL.

Die Ruhe vor dem Sturm. ;-)))))))  

des Geo.Institutes Hannover können gedownloaded werden.

Dabei handelt es sich grösstenteils um Daten zur BOC Lease Atamo

Link per BM ;-)))))))  

http://www.rnzi.com/pages/news.php?op=read&id=40207

Bougainville police prevent public forum on controversial Invincible deal
Posted at 06:48 on 05 June, 2008 UTC

Police stopped a public forum on the controversial agreement between the autonomous Bougainville Government and a Canadian company, Invincible Resources, from going ahead today.

The Bougainville Inter Church Women’s Forum had called the meeting amid widespread anger at the deal with Invincible, which critics say gives the foreign company control of the province’s extensive mineral resources.

The NGO’s Monica Taga says as they were setting up for the meeting today, police advised them that they could not go ahead without a permit.

She says the need for such a permit surprised her.

“Normally, like when we organise forum, we don’t seek approval from the police, from the law and order sector. We just go ahead and do so as a neutral organisation we thought that was okay.”
Monica Taga.

She says the provincial government had earlier requested the forum be put off for two weeks to allow Ministers to attend, but her NGO had turned them down.

It’s now scheduled for next Thursday  

ASK jetzt bei 1,47 AUD

Ein guter Kommentar aus Boug zu der Kabui/Invincible Situation ;-))))))))))

-Tough one Mr Vice President. ABG is in bed with Invincible without a divorce from BCL.  

Wird den Bougainviller Frauenvereinigungen garantiert nicht gefallen und den Druck auf Kabui weiter verstärken. ;-)))

http://www.postcourier.com.pg/20080606/frhome.htm

Women’s forum gagged

THE Autonomous Bougainville Government yesterday gagged an open forum on Buka Island which was planned to discuss the dealings of the government.
High on the agenda would have been the recent signing of an agreement between the ABG and Bougainville Development Corporation Ltd.
Police in Buka were instructed to apprehend two women leaders at the forum venue, they were brought to the police station and advised to cancel the forum pending the next sitting of the ABG parliament next week.
Members of the inter-church womens forum, Monica Samu and Celestine Tomi, said the ABG had ordered the police to stop the forum.
The police kept watch as the tents prepared for the forum were pulled down.
In response to the police orders, the inter-church women’s representatives immediately pulled down their posters and reported to the chairman of the committee.
The ABG has sent its ministers to carry out awareness programs on the deal with BRDC in different parts of the province.
The women said they would hold another forum next Thursday.
Invitees to the open forum were, among others, President Joseph Kabui and his ministers, Women’s representative Eva Betson and chairman of BRDC Robert Atsir while invitations were extended to Bougainville MP Fidelis Semoso and North Bougainville MP and Minister for Higher Education, Science and Technology Michael Ogio. A pool of “opposition speakers” headed by women were also invited to attend.
Meanwhile, representatives from the Leitana Nehan Women’s Development Agency said that they were working with the inter-church women’s forum and the cancellation of the forum and its referral to a later date was not very pleasing as the women had wasted a lot of time preparing for the forum.
Agency executive director Helen Hakena said from Fiji that the deal with BRDC must be withdrawn as it endangered the whole island of Bougainville.
At the same time the women’s chief and representative of the Tinputz resource owners said that what had been aired on the radio regarding BRDC was opposing to the current situation on the ground in Tinputz.
They said the women and the resource owners in particular still had to be consulted over many things and a lot of explanation had to come from the ministers concerned.  

Da braut sich für die Parlamentssitzung nächste Woche ja einiges zusammen. Schaut ganz nach dem großen Showdown aus!