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Text 1476. Replacement?

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    This book is coming to an end at the end of the month. Thank you all book friends for your support along the way. Ant¡¯s new book already has more than 800,000 words and is ready to be read. I sincerely ask for your support!

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    Four billion US dollars may sound scary, but based on the performance of those two oil wells, it is not an exaggeration.

    After all, the current daily output of those two oil wells has reached about 20,000 barrels, and the most important thing is that these two oil fields are located in Australia.

    This is a blank space for the traditional oil giants. They only control the market, but they do not control the oil fields in the region.

    If you can control an oil field somewhere, it means you have the opportunity to control the market somewhere.

    Once you control Australia¡¯s market, your right to speak in which country will be greatly increased. You must know that Australia is one of the eight largest developed economies in the world no matter what.

    The most important thing is that this country has countless mineral resources that make others jealous, and any one of these mineral resources is enough to make Japan, or the Mitsui family, jealous.

    Since the birth of the Mitsui Zaibatsu, this zaibatsu has never been a simple economic zaibatsu. They have always been very closely entangled with the Japanese government.

    Before World War II, there were plundering and expansion in the northeastern region of the mainland, and later plundering and expansion in the South Pacific region occupied by Japan, etc.

    By the end of World War II, the Mitsui Zaibatsu had become Japan's largest zaibatsu. Its size was twice that of Japan's second largest zaibatsu, the Mitsubishi Zaibatsu and the Fuji Zaibatsu.  Even if added together, the scale is still not as good as his.

    "It's a pity that the Americans occupied Japan later and continued to issue decrees.  The Mitsui Zaibatsu was broken up abruptly, and Mitsui fell to where it is today.

    ??Although today's Mitsui Zaibatsu.  It is still a behemoth, but it has long since lost the confidence it once had to dominate Japan. Even Mitsubishi and Fuji are now vaguely larger than Mitsui.

    And Sumitomo, who has always been the younger brother, has quietly caught up recently. Although starting in 2000, Mitsui and Sumitomo jointly established Sakura Bank.  But in fact, secretly, the exciting work between the two families has never stopped.

    ??And Sumitomo¡¯s Cosmo has a company, but Mitsui has always wanted to get involved. It¡¯s a pity that Sumitomo¡¯s gang of bastards refused to let the Mitsui Zaibatsu get involved.

    Now there is such a good opportunity in front of you. As long as you can grit your teeth and spend US$4 billion, you can control two high-yield oil fields in Australia, and you can even go further and pass these two oil fields.  To influence the will of a country.

    Even if it cannot affect the will of this country to the bottom, at the very least, it can affect the will of the local government in Northwest Australia.  This area is the most mineral-rich area in Australia.

    When he thought of this, Mitsui Yuyoshi felt a burning sensation in his heart, and the storms in his mind kept colliding, which made him feel a little conflicted and very eager to get those two oil fields.

    "Mr. James, is this price a bit too exaggerated? Besides, as a long-term partner, can't this price be discounted?"

    In the end, Mitsui couldn't bear the temptation.  He was the first to speak, even though he knew that once he spoke first, it would mean that he would be in a passive position in future negotiations, but it was now, was it really important whether he was passive or not?

    The guy opposite smiled, and then showed his white teeth: "Mr. Mitsui, do you think this price is exaggerated? Have you thought about it clearly? First of all, the daily output of these two oil wells can reach 20,000 barrels, and the output  They are all light crude oil. Such high-yield and high-quality oil fields are rare even in the Middle East. And according to our estimates, the reserves under these two oil fields are at least a few hundred million barrels. These hundreds of millions of barrels  Do you know what the concept of reserves is? If it weren¡¯t for the fact that I have to invest in several projects in the United States recently and am in urgent need of funds, I will never give up these two oil fields. Let¡¯s not talk about the far-reaching ones, let¡¯s just talk about the recent few  Oh my God, I think you have seen the performance of this dirham company on the Sydney Stock Exchange. Now their stock price has been traded to 26 Australian dollars per share, and 26 Australian dollars per share according to the current exchange rate, that is, 26 Australian dollars.  Ten US dollars. I own 60% of the company's shares, which is equivalent to US$1.2 billion. With such oil field reserves as protection, do you think my US$2.2 billion share is more than tripled?  Is it too much?"

    Mitsui Yoshiyoshi felt a bit bitter in his mouth, because at this time he discovered that what the other party said was absolutely correct,Judging from the current market value of the dirham company, this guy's shares are worth US$1.2 billion.

    But the most important thing is that his equity worth 1.2 billion US dollars is related to the absolute control of this company. If you have absolute control of the Dirham company, it is equivalent to you having control of the two  oil field.

    And this is the key to many oil giants. Absolute control has always been opposed by many governments, but what many large companies strive to pursue.

    So if he really wants to sell the 1.2 billion U.S. dollars of equity in this guy's hands, other big companies may triple his 1.2 billion equity in any minute.

    Mitsui now also wants absolute control of this company, but the key problem is that now, he does not have so many chips in his hands.

    Four billion US dollars, BP can give it, Shell can give it, and Rockefeller can give it, because they are not short of money, and they will pay in installments, but they will not default on the debt.

    And now if Mitsui wants to step in and succeed, then he must come up with something more exciting to the guy in front of him.

    But what does Mitsui have in hand now that can make the other party's heart flutter?

    After much deliberation, they were the only ones working in the Rob River Mine in the Piyalbala Mountains.

    Mitsui & Co. has invested in many iron ore mines in Australia, usually through joint ventures with Rio Tinto or BHP Billiton. This is where they are smarter than Chinese investors.

    Later, it can be said that those large state-owned enterprises in China failed repeatedly when investing in Australia. They often lost a lot of money in vain and gained nothing in the end.

    In fact, it is not only because the Australian guys are conservative and ruthless, kicking you away after they are done with it, but also largely because of our own arrogance and clumsiness, as well as the lunacy of having absolute control over the joint venture company.  The same persistence.

    In fact, the reason why we acquire mines overseas is simply to ensure our own supply of raw materials.

    But if you demand control of this company very forcefully, especially in a conservative country like Australia that is already hostile to you, all your negotiations will be greatly hindered.

    Think about it, even in your own country, when foreign capital wants to invest in your country¡¯s mineral resources, you still require that their shareholding ratio should not exceed 50%. But how can you ask for it if you are in someone else¡¯s company?  What if the shareholding ratio of controlling someone else¡¯s mining company exceeds 50%?

    This is also the main reason why the large state-owned companies in China have repeatedly failed to acquire mining companies in Australia. No matter how rich you are, you cannot ignore the little pride of others.

    The Japanese are very smart in this regard. For example, Mitsui is the major shareholder of Rio Tinto. Together with Rio Tinto, they control many large iron ore mines in Australia. However, they do not require absolute control of these iron ore mines.  Control.

    ¡° I just ask for one stipulation, that is, when the iron ore powder produced from these iron mines is exported to Japanese companies, the lowest execution price must be used.

    If things go on like this, they gain an advantage and are not disliked by others. However, our Chinese investors often spend a lot of money and end up not being liked by others. This is the result of the difference in attitudes towards doing things.  .

    The most valuable mine jointly controlled by Mitsui and Rio Tinto is undoubtedly the Rob River Iron Mine in the Piarbala Mountains. This iron mine has an annual output of 32 million tons, a quarter of which is fixed.  Supplied to Japanese iron works, one-half is used to kill China's culprits, and the other half is used to sell to other iron works.

    And now after some weighing, Mitsui Yoshiyoshi has come to the conclusion that if he wants to take over the Dirham Oil Company from the guy opposite, the Rob River Iron Mine is the best one for him.  Valuable chips.

    Iron ore has been doing very well recently, but if compared with oil, it is nothing, just a pile of dirt.

    "Okay, Mr. James, what if we are willing to give up our 33% control of the Rob River Iron Mine in exchange for the shares of the Dirham Company in your hands?"

    "ha!"

    James' suddenly rising tone startled Mitsui Yoshiyoshi. At first glance, the guy's face was full of sneers.

    "Mr. Mitsui, it seems that you really understand me, but if you had proposed such an exchange condition a year ago, I would not only agree with it with both hands and feet, but I might also subsidize you with hundreds of millions of dollars.  But now? Are you kidding? That Luobo River Iron Ore Mountain,??The output is only 32 million tons of iron ore powder, and the annual profit is only about 100 million US dollars. You want to use this iron mine to exchange for the hens that can lay golden eggs in my hand. Do you think this is appropriate?  ?  To be honest, your annual profit of 100 million US dollars can be achieved by my Dirham Oil Company in just one month. Do you think such a replacement is meaningful?  "

    Mitsuiyoshi's face turned red with embarrassment.  .  .  (To be continued)
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