May 17th unites 2 leaders: Momis & Kauona The two leaders actually met eachother already on Tuesday the 14th in the President's office. Coming out of this meeting was an agreement to urgently proceed to formulate a mining policy that contains a legal and economical model that accomodates all legitimate interests.
Following the meeting, Sam Kauona wrote a letter to the President that sets out a time schedule. Today a technical committee will be formed from representatives of BRORC, ex-combattants etc. and presented to the ABG Mines Department. The committee will be tasked to engage with the Mines & Legal Departments to review the two draft mining policies: the one from Momis/Regan and the one from BRORC. The objective is to craft a document that satisfies and respects the requiremnets of the Constitution and that contains an economic model that is fair to the resource owners, the ABG and all other Bougainvilleans.
They are pushing ahead fast as a follow-up meeting is scheduled late this week in Buka. Once the issue of section 23 is established as the foundation statement in the mining policy, the BRORC policy flows smoothly and is largely done as it already contains the economic model.
This is absolutely great news for Morumbi as the dynamics have totally changed and more opinion leaders are coming to the fore in favour of BRORC. They are even showing their gratitude for Morumbi helping to educate them as to the ramifications of the Regan policy.
Momis has already confirmed that if the new mining policy will not be ready in time for the Parliament vote in June, he can a special sitting to present it. Momis has finally made a U-turn and will compromise in favour of the BRORC model. This means that Morumbi will get its first mining license either in June or shortly after.
This is my most important post on this board by a wide distance. The Morumbi shares will rebound sharply and I will aggressively average down in the coming days and weeks !!!
https://bougainville.typepad.com/newdawn/2013/05/170513may-17th-unites-two-leaders-by-aloysius-laukai-todays-celebration-to-commemorate-may-17th-has-made-two-leaders-meet.html