Chapter 507 (2/2)

”But if you cooperate with other like-minded people, can't it develop faster?” Luke laughed.

”Does Mr. Luke feel that my future group is developing very slowly?” Jiang Chen asked in a jesting tone.

Luke was stunned, and then he laughed.

”Yes. Mr. Jiang's company has not even experienced a shortage of funds, which is really admirable. ”

”I'm flattered.” Jiang Chen is modest.

”May I ask you a question?” He handed the empty glass to the waiter, and Luke replaced it with a

”sure, if I can answer.” Jiang Chen laughs.

”Whether it's futurist 1.0 or today's” phantom ”helmet, your company can always bring out good things that are favored by the market. And the nutrient mixture, and seabed mining technology I don't know what you're going to do next? ” Asked Luke.”I may further develop in the field of virtual reality, or invest in space manned space, because I am very interested in space What is this for? ” Jiang Chen asked in a relaxed tone.

”To avoid becoming your competitor by accident.” Luke shrugged helplessly, looked at Jiang Chen and said, ”because of your company's virtual reality project, the NASDAQ section is crying and howling. Most of the listed companies related to the production of virtual reality equipment have fallen from the cloud to the bottom. Almost all investors who have come into contact with phantom helmets through Internet cafes have no doubt that their investment in virtual reality projects has fallen short. Especially when a Harvard professor came forward and said that this is a technology that can't be implemented in 20 years... ”

Let alone 20 years, the first immersive virtual reality device will appear in 2050 on the eschatological timeline.

”I'm so sorry.” Jiang Chen laughs with insincere tone.

”Haha, don't apologize to me. I never put my chips on the cutting edge of technology. In terms of investment philosophy, Carmen and I are consistent. ” Said Luke teasingly.

After a pause, he sipped the champagne and then asked.

”I don't know what Mr. Jiang Chen thinks of the resource industry?”

”Supply exceeds demand.”

”That's right,” Luke nodded with a smile. ”Just two days ago, BHP disposed of two more loss making iron mines in Mexico, but as all shareholders, including me, know, this is tantamount to drinking poison to quench thirst. Iron ore business is becoming more and more difficult to do, even not just steel, other resources except rare earth, more or less are facing the same downward trend. ”

”Oh, really?” Jiang Chen is thoughtful.

”Of course, after all, the market demand is limited. Take the rebar used in construction. Most people will own only one house in their lifetime, but the life of the house can be much longer than that of its owner. So even those businessmen who have already occupied a dominant position in the resource industry have to be patient and put out some money to support some Well, an industry that might have spawned something new. For example, the Rothschild family took a stake in Daimler group and invested in bottomless new energy vehicle projects. Another example is to lend $30 billion to a high-tech company with a bright future, regardless of investment projects. ”.

”It's easy to get ore up from the ground. Take my old friends, the Rothschild family, as an example. Vale, which holds 4 billion tons of iron ore reserves, can maintain mining for nearly 400 years. It's just public data. ” Speaking of this, Luke stopped and looked meaningfully at Jiang Chen.

”If at this juncture, there is a technology that can reduce the mining costs and bring the previously unable to be mined into the mineable range, what do you think will be the impact on the already depressed resource mining industry?”

Hearing this, Jiang Chen has more or less guessed the purpose of Luke's coming to him, or Carmen's intention to show him up here and arrange for him to meet him.

”You mean, some of the technologies are too advanced?” Jiang Chen thought.

”That's right.” Luke nodded.

”For example?”

”Such as mature deep-sea mining technology.”

Jiang Chen's pupils contracted slightly. (to be continued. )

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