BOC 2.04% 48.0¢ bougainville copper limited

1000% chance, page-3

  1. 2,499 Posts.
    Not sure if that's the AFR article in the papers over the weekend.

    If it is, there's a few interesting things worth mentioning in the item:

    - current MD of BOC says mine could be re opened for as little as $300m

    - mine is still very profitable with robust grades, is one of the world's top half dozen mines

    - Chinese have been showing interest in the mine, even before the Ramu project in PNG was bought into by them

    - Rebel leader Francis Ona appear to be softening his stance

    - Newly elected autonomous government needs $$$ to pay for election promises

    -Boc board says they are open for any negotiations re: the mine

    and mentions a few negatives too such as tax dispute, billion dollar court case, etc
 
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