Cempaka Business and Economy: Papua Asks Freeport Indonesia For Help Buying Stake in Mine

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Tuesday, March 16, 2010

Papua Asks Freeport Indonesia For Help Buying Stake in Mine

Jakarta Globe, Reva Sasistiya, March 16, 2010

Papua’s provincial government wants to receive a larger share of the royalties from the massive Grasberg gold and copper mine to help it buy a 9.36 percent stake in the mine’s operator — PT Freeport Indonesia.

Agus Sumule, an economic adviser to the Papua governor, said on Tuesday that Papua planned to fund the purchase of the stake, worth an estimated $1 billion, through bank loans. A greater share of the royalties would strengthen Papua’s balance sheet and help it raise the money, he said.

“We want to boost our fiscal performance before we apply for the loans,” Agus said.

Papua currently receives 6 percent of the taxes and other financial obligations that Freeport Indonesia, the domestic subsidiary of US-based Freeport-McMoRan Copper & Gold, pays to the central government. Last year, Freeport Indonesia paid $1.4 billion to central government. Papua received $84 million.

Agus said Papua’s provincial government had proposed to the Finance Ministry and the House of Representatives that its share of the revenue be increased from 6 percent to 30 percent.

Should the proposal be approved, Papua could start paying for the coveted stake in installments, he said.

The value of the stake has been estimated at $1 billion, but it fluctuates according to Freeport-McMoRan’s share price, Agus said.

“To acquire the stake we need a lot of money,” he said.

Meanwhile, Agus said the Papuan government had not been approached by state-owned nickel miner PT Aneka Tambang (Antam), or the central government, about Papua and Antam jointly buying the Freeport stake.

In December, Investor Daily Indonesia, quoting Antam president director Alwyn Syah Loebis, reported that Papua might join forces with Antam to buy the Freeport Indonesia stake.

However, Agus said on Tuesday that Papua was more interested in buying the stake itself.

Earlier this month, Papua signed a memorandum of understanding with Freeport Indonesia about acquiring the stake. Freeport Indonesia spokesman Budiman Moerdijat said at the time that Freeport hoped to sell the stake by the end of this year.

The central government already owns a 9.36 percent stake in Freeport Indonesia. Deputy State-Owned Enterprises Minister Sahala Lumban Gaol said earlier this month that the central government was reviewing a plan to increase its stake and had submitted a proposal to Freeport Indonesia.

“The government will look thoroughly at the cost and benefits of the plan before making any decision,” Sahala said, adding that it had yet to decide how big an additional stake it wanted to buy.

Cempaka Business and Economy

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Tuesday, March 16, 2010

Papua Asks Freeport Indonesia For Help Buying Stake in Mine

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