Chapter 677 - Ore Negotiation (2/2)
“That’s right They’re also high-quality iron mines around 67-68 Not only are there iron ores, but there are also two alu Chen so, with the constant conflict on the island, the investovernment had no ability to develop the rich deposits But now, the reserves are in our hands”
Jiang Chen’sThe first layer: we have deposits If your price is higher than our development costs then on’t dance with you! The second layer: Future Group is no longer the Future Group from last year – don’t expect us to compromise from external pressure If I can handle the B City Consortium, I can easily handle you as well
The silence persisted for a long tiood horse (1)”
“You know this Chinese proverb?” Jiang Chen laughed
“I just learned it recently; I only know a little” Luke diset off track I have a proposal that suits both of our interests”
“Let’s hear it”
“We have advantages in extraction, transportation, and es which are the resources on MLL Island and the influence in Moro We could easily invest in acompany in Moro with a 50 equity split We’ll provide the y while you’ll supply the reserves and be responsible for public relations What do you think?” Luke leaned forward and lowered his voice
BHP could keep the price of ores low, but it was limited by import and export tariffs, tax collections, environross profit of iron and alunant If Future Group could, by virtue of its influence, reduce taxes and fees for the production and export of reat room for profit even if it supplied cheap reat proposal” Jiang Chen’s eyes lit up, intrigued by the idea
The iron and alu didn’t have additional resources to extract This proposal was basically contracting the development to BHP Group while the two parties split the profits
But just as Luke thought they reached an agreee turn: “But do you think your equity is too high?”
[This bloodsucker!]
Luke cursed in his mind, but his expression still re Chen Finally, both parties settled on the agree Chen to supply 70 million USD and the reserves while BHP would invest 150 million USD The equity proportion was 55 and 45
That was Luke’s botto out the contract required tin the contract the next day But based on the two parties’ reputations, it was unlikely that one party would back out of the deal Therefore, the partnershi+p between Future Mining and BHP had been secured
Jiang Chen sensed a vibration on his wrist
When Luke left, Jiang Chen pressed his watch and Jean’s hologra wrong?” Jiang Chen pleasantly spoke to Jean
Because Jean was taking thefunction so Jean could hear their conversation
“I detected y from the database; we could easily develop the resources by ourselves”
Jiang Chen shook his head at Jean’s question with a smile He casually stuffed the document into the drawer
“We can’t make all thethat”
“From an efficiency point of view, is there a probles from only an efficiency point of view is a proble the last bit of profits, we can proactively gift out the profits and use this to chain reater profits”
“Greater profits? What’s that?”
“Regardless of what it is, it’s definitely not the US dollar”
(1) A ragged coltperson can still be impressive