Something is brewing....last week BOC has most likely brought forward its half-year report with very detailed report on progress and outlook.
Just by coincidence indeed a JSB-Meeting is scheduled for Wednesday-Friday this week and look at the topics on the agenda!!!!!
I would not rule out that following the JSB-meeting an announcement of BOC might be due next week. About invitation to start the BCA-review or at least official pre-negotiations, mine visit, step-up of the management? What about if even Rio is make an announcement??????
When are the Australian investors going to wake up? There is one of the largest copper mines sleeping for 25ys which is most likely to wake up!!!!!! Anybody there???????
A sudden Special Joint Supervisory Board Meeting (JSB) has been fixed for this week. The top level conference (PNG and ABG) is to be hold from August 4th to August 6th, 2010 in Port Moresby and will contain two important items that already have been scheduled:
Item # 6 Preparation for the Bougainville Copper Agreement (BCA) review
Item # 8 Establishment of Committees for the BCA Review
BOC Price at posting:
84.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)