This coming week there will be a big showdown at ABG Parliament House on the Transitional Mining Policy. During this 3 day event Parliament will also vote whether the landowners (Morumbi's business model) or the state (BCL's business model) own the resources. My sources are 100% confident that the vote will swing in favour of the traditional landowners. If that happens Morumbi seals all the licenses as per the signed agreements.
I keep my thumbs up that Parliament will do the right thing, which is to bring back prosperity to the landowners and their families. BCL can throw as much money as they like to sponsor Momis, this is a dead end street. The vast majority of the members of Parliament realize only too well that any other outcome will ignite a civil war. Look around the world to other resource rich democratic countries. At the end of the day it is the landowners and nothing but the landowners who control and own the resources. If the old and sick Momis still doesn't get this, I am afraid that his days in office will be counted way before the next elections.
Morumbi shares will make a monumental move upward that symbolizes the boost in prosperity that the Bougainville landowners so very much deserve after decades of poverty.......
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bougainville copper limited
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This coming week there will be a big showdown at ABG Parliament...
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Last
61.0¢ |
Change
0.025(4.27%) |
Mkt cap ! $244.6M |
Open | High | Low | Value | Volume |
61.5¢ | 61.5¢ | 61.0¢ | $5.117K | 8.348K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2500 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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61.0¢ | 2503 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2500 | 0.590 |
1 | 2500 | 0.580 |
1 | 9013 | 0.575 |
2 | 17000 | 0.570 |
1 | 10000 | 0.560 |
Price($) | Vol. | No. |
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0.610 | 2503 | 2 |
0.650 | 8000 | 1 |
0.680 | 7000 | 1 |
0.695 | 6000 | 1 |
0.700 | 60753 | 2 |
Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
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