die Gewinnrechnung von BCL:
166000 T Kupfer = 365532000 lbs X 2,80 USD = 1,02 Milliarden USD
13,8 T Gold = 442307 oz X 323 USD = 142 Millionen USD
48 T Silber = 1538461 oz X 5,93 USD = 9,123 Millionen USD
Molybdän=??????
Die Kosten für Gold und Silber sind Werte von anderen Minengesellschaften,allerdings muß man berücksichtigen die Kosten von BCL nicht so hoch sein werden,da man alles gleichzeitig fördert,aber ungefähr sollte es stimmen.
Gewinne insgesamt für ein Jahr wären: 1,171123 Milliarden USD,macht für 18 Jahre Minenbetrieb 21,080214 Milliarden USD
die Produktionskosten:
Die Produktionskosten wurden bereits herausgerechnet,man muß nur die 1000 Mio.USD abziehen für die Eröffnung.Das macht im ersten Jahr weniger Gewinne.
die Reserven und Ressourcen:
Wie aus der Gewinnrechnung ersichtlich 18 Jahre Minenbetrieb.
das Explorationspotential:
BCL besitzt 9 weitere Lizenzen auf Bougainville und Molybdän ist noch nicht miteingerechnet.
die Qualifikation des Managements:
über Jahrzehnte im Minenbereich tätig,Rio Tinto im Hintergrund.
Auf der letzte HV am Montag wurde ganz offen über eine Wiedereröffnung gesprochen.Es gibt viele Hinweise das es bald los geht.
hier das Statemant von der HV:
09.05.2007
Press Release
Chairman’s Annual General Meeting Statement 2007
Results
The after tax profit, although modest at K3.7 million, was pleasing given the Board strategy
is to generate annually sufficient dividend and interest income to cover operating expenses.
As a consequence of the company’s investment strategy, the great bulk of investment gains
will come in the form of unrealised increases in the value of the company’s share portfolio
which was K34 million for 2006. Accordingly Shareholder funds increased by K37.7
million to K378.2 million in 2006, over half of which is readily convertible into cash and
provides the company flexibility to commence feasibility studies and other work aimed at
achieving the company vision of returning to exploration and profitable mining in PNG.
Some shareholders may be disappointed that a dividend has not been declared but the
Board believes the retention of funds to apply towards realising the potential value locked
up in the company’s mining and exploration tenements on Bougainville will better serve
the company in the foreseeable future.
Bougainville Assets
The Media has reported on other companies’ plans for the Panguna ore body. I wish to
reassure shareholders that “Special Mining Lease No. 1” over the Panguna mine area and
associated leases, including seven adjacent exploration licences, are held in good standing
solely by BCL. They are the only tenements for exploration or mining current on
Bougainville.
BCL has not entered into any arrangement with any other resources company relating to
exploration or mining save for the long standing management agreement with Rio Tinto
and an agreement with Rio Tinto Exploration Limited to undertake a review of the
companies exploration data. BCL has also entered into a technical assistance agreement, on
a fee for service basis, with Rio Tinto. I don’t dismiss the possibility that BCL will want
partners for future exploration or mining but if and when the time comes the process will
be transparent and BCL will make relevant public announcements. I encourage
shareholders to visit the company website,
www.BCL.com.pg, for information released by
the company. Formal notices to the Australian Stock Exchange can be obtained either
through the link on the BCL webpage or by searching “BOC” on the ASX website
www.ASX.com.Landowner and Government Negotiations
I have advised shareholders previously that the National Executive Council has agreed to
engage with the company and Bougainville stakeholders in a ‘review and renegotiation’ of
the Bougainville Copper Agreement (BCA). It is envisaged these processes will have two
complementary components. Firstly there are technical aspects of the BCA that need
addressing. The legislation that encompasses the BCA did not anticipate many of the
events that occurred as a result of the suspension of mining in 1989. Among these events
was the establishment of the new Autonomous Bougainville Government and its request to
draw down mining rights current administered by the National Government. The second
component will cover the pragmatic issues of landowner compensation, equity
participation, profit sharing and environmental management of any new or re-established
operations.
The Board does not favour approaching the question of reactivating exploration and mining
in a piecemeal fashion. A comprehensive and collaborative plan with a high degree of
consensus by the key stakeholders is highly desirable. The way to achieve this is for all
parties to be work together to come up with a mutually acceptable and economically
achievable plan. However BCL must reserve the right to veto any proposals agreed by
various stakeholders that are not in the best interests of its shareholders. Although the
proposed process stalled last year, for reasons outside the control of the company, I believe
the new and now operational Mineral Resources Authority is the right vehicle to act as the
independent champion of the process.
The Year Ahead
I mentioned in the Annual Report that the Board has adopted a comprehensive plan to
cover the coming three years. What we hope to do is not guaranteed but given the apparent
shift in attitude to exploration and mining among some landowners and Government
members, Directors believe the time is right to prepare BCL to take advantage of
opportunities that might arise.
A lot has to be agreed before exploration and mining can take place but the key players
appear willing to at least look seriously at the possibilities. Put very simply this requires
settling outstanding issues and agreeing terms for the future. Not so simple will be
satisfying all the expectations.
BCL has already committed (as has the National Government) to contribute to the cost of
the BCA review process. This may be expensive but is essential expenditure if BCL and
the other parties are to take advantage of the economic opportunities now available in the
resources sector. A lot of goodwill will be required by all sides and present indications are
there is a willingness to give it a go.
The staff of Rio Tinto Minerals [PNG] Ltd, which manages the day to day affairs of the
company from its Port Moresby office, have again done a great job with very limited
resources. If my hopes for the coming year are fulfilled the team will need to be supported
with additional resources.
To my fellow directors go my thanks for their support and guidance during the year.
As I mentioned in the Annual Report long serving director, David McLellan, is retiring at
this Annual General meeting. I and the company owe David special thanks for the manner
in which he has discharged his director duties over the past 8 years. David has been the Chairman of the Audit Committee since its inception and has done an excellent job in
ensuring the Committee has achieved the requirements of its Charter in a timely and quality
fashion. He has also been a valued member of the Investment Committee where his good
counsel has proved extremely beneficial. I wish David and his wife Margaret a very happy
future.
Mr. John Leahy was appointed to the Board during the year. John has had a long
association with PNG and BCL in a range of professional and voluntary capacities. John is
required by the BCL constitution to submit himself for election today. I support the election
of John Leahy as a director of the company.
Peter R Taylor
Chairman & Managing Director
Wednesday, 9 May 2007