128. All are private property
"I can't understand what you think. I saw the power plants, railways, water supply systems, and pretty good living facilities there. I think you saw it too."
Guo Fengchun directly refuted Li Tang's words, "I think your view on this aspect is wrong!"
Li Tang originally had a more in-depth statement, but was strongly denied by Guo Fengchun and lost the desire to continue to explain.
I sit here today because Guo Fengchun is an alumnus, so I can speak freely and explain their own ideas clearly.
Since Guo Fengchun has a firm idea, he has nothing to say.
"If I report to the leader in the afternoon and ask, should I say my point of view?" He asked this in advance to avoid offending others.
It is not a good thing to call an enemy for no reason, so he will try to be more cautious when speaking and doing things.
"Of course, it's free to speak."
Guo Fengchun is really confident in his own views and is not afraid of Li Tang's opposition to obstacles. "I say my argument, you say your views, I support you, and you oppose it, which is just a coincidence. In this way, the leaders can also discuss dialectically and finally make reasonable decisions."
"Okay." Li Tang didn't say much, stood up and said goodbye, and returned to the office downstairs.
Sure enough, before lunch, I received the news and reported the results of the inspection to the leaders at the International Investment Company in the afternoon.
After lunch, Li Tang took the time to take a look at the house that was being renovated. The decoration was progressing well. When he returned to the company, he called He Runqi upstairs and came to the International Investment Company upstairs.
In addition to the main leaders of the International Investment Company, there are also the deputy general manager of the group, the group investment department and the legal department in charge.
The most heavyweight figure is Niu Fu!
Coast Resources' stock price fell to a historic low, but its total market value was still nearly 30 million Ao Yuan.
For those large international mining companies with market capitalization of tens of billions of yuan, this amount of money is nothing.
However, for many mining companies in China today, 30 million Aoyuan is still a huge number.
If the acquisition of Coastal Resources Company is really promoted, this matter will inevitably be led by Niu Fu and will eventually be passed by the board of directors.
In addition to the people from Wukuang Group, as financial consultants, Gao Sheng Investment and M&A departments, led by Alice, also attended the meeting early.
"The people are all here. The group leaders attach great importance to the inspection of Coastal Resources Company in Austria this time and pay great attention to the progress of this project!"
Hu Zhenchi, general manager of International Investment Company, presided over the meeting, "Guo Fengchun, as the head of the inspection team, you are here to report to all leaders!"
Guo Fengchun greeted each leader, and then based on the inspection report he had prepared before, he clearly explained what he saw and heard about this inspection in detail along the photos.
Although this kind of detailed reporting method, although the process is lengthy, it also presents all aspects of Coastal Resources Company.
After hearing this, all the leaders nodded frequently, as if they were there, and went to Nanaozhou to participate in the inspection work.
After more than an hour of reporting, I finally won a lot of prizes.
"If you invite our foreign guest, Miss Alice, to have the prototype of this acquisition plan, I have to thank you for conveying international news to us in a timely manner."
Hu Zhenchi was very polite to Alice and others, "Share with us and analyze the Coast Resources Company from your Gaosheng Investment Bank's financial perspective."
"Thank you everyone."
Alice held the documents that had been prepared in her hand, speaking in a difficult-to-mouthed Mandarin, and began to explain her views openly, "I'll just say a few points. First, the total market value of Coast Resources Company reached 200 million AUD at the highest, and now it has reached the lowest point of its market value. According to today's implementation, the market value has reached more than 26 million AUD. Many mining companies have consulted our bank for the possibility of acquiring Coast Resources Company."
"Mandarin is very good." Hu Zhenchi praised.
"Secondly, the financial situation of Coast Resources is relatively clear. They have 15 million AUD debts, of which the debt due this year is 8 million.
Third, Coast Resources Company does not have a complicated lawsuit. If you take over, don’t worry about being obstructed.
Last point, from a regulatory perspective, the merger and acquisition involving more than 20 million yuan will not be subject to the constraints of the South Ao State government.
Overall, our risk rating for Coast Resources believes that this is a quality asset and worth investing in!”
Although she spoke very slowly and was vague in some places, she still expressed her meaning in general.
At the same time, the people from the Gaosheng Investment and M&A Department also distributed the financial analysis report of Coast Resources to everyone to browse.
Seeing that everything he should say was said, Hu Zhenchi turned his head and smiled at Niu Fu next to him, "Mr. Niu, why don't you say a few words to everyone?"
After listening to the report for more than an hour, Niu Fu was still like a lion, and he was powerful without anger.
After hearing Hu Zhenchi's words, he raised his eyes, glanced around, and said, "I won't say anything. By the way, Li Tang, you haven't told you how you feel! Before the inspection team set off, I specifically instructed Mr. Hu to join you! Have you also gone to Nanaozhou?"
Hu Zhenchi reacted quickly and quickly added: "Yes, Li Tang, you are the technical responsibility. From a professional and technical perspective, analyze this acquisition project."
He had long heard of Li Tang.
But I didn't expect Niu Fu to attach so much importance to Li Tang's opinions.
I originally thought that Li Tang's opinions had been added to the inspection report, so I didn't name Li Tang to speak out just now.
Unexpectedly, Niu Fu actually offered it.
Li Tang turned his head and looked at Guo Fengchun.
"Your point of view is very novel, please tell the leaders." Guo Fengchun was very generous.
"I remember your thoughts were very bold in the past. Now, no matter how you speak, you are so timid." Niu Fu was deeply impressed by Li Tang.
It is not something that ordinary people dare to do to take the initiative to launch the Qulong copper mine and set the exploration target to 10 million tons of copper metal.
Li Tang stood up, glanced at the big guys opposite him, and said slowly: "I am not optimistic about the value of Coast Resources Company."
"oh?"
After listening to too many reports and speeches boasting about the advantages of Coastal Resources Company, I felt a little fresh and refined when I heard the objections.
Several leaders immediately looked at each other and became very interested.
Niu Fu was originally leaning against the backrest, but when he heard this, he immediately sat up straight, with a flash of light in his eyes, "I knew that your boy's thoughts must be extraordinary! Keep talking, express your thoughts!"
Li Tang did not use the newspaper to talk about it, but chose to say what he wanted to say to Guo Fengchun but did not say it.
He opened the inspection report in front of him, found photos of the railway, power station and other on-site inside, and then turned it over and raised it over his head, "I believe that these photos have been seen by all the leaders and colleagues."
"Is there any problem with railway transportation and thermal power plants in the Pibala area?" Hu Zhenchi also opened the report in his hand and saw the same color photo above.
"This is the infrastructure built by large companies such as Lituo, Brucken Hill, and Billyden for billions of Austria. It is these expensive infrastructure that invested in the early stage that ultimately led to the sale of Austria's iron ore to the world and become the world's largest iron ore production site!"
Li Tang counted several of the largest iron ore producers in Austria.
Everyone here is an insider in the industry and has a certain understanding of Austria's large mining companies and does not need much explanation.
What they are concerned about is what Li Tang will say next.
"But," Li Tang paused for a moment, and then continued to speak, "Dear leaders and colleagues, you seem to have forgotten an important thing. These railways, as well as power plants, and water pipes, are all private property!"
"You are right." Guo Fengchun actually found out about this news and wrote it in the report.
Now it seems that Li Tang's words seemed to be hot-fried with old rice and nothing new.
Li Tang was not interrupted and continued to speak: "Yes, Minister Guo was very conscientious and learned almost all the mining information in Nanaozhou. But there is one thing, but there is no accurate statistics. Here I can share it with you, that is, the railways of these large mining enterprises have never allowed any small and medium-sized enterprises or individuals, who have used them, and have never had them!"
"Why?" Guo Fengchun blurted out.
"They spent billions of Austria to build railways, why should they be used for others? This is their private property, and the Austrian federal government and the Southern Austrian state government cannot force them to open!"
"We can use the public railway built in Nanaozhou!" Guo Fengchun argued with reason.
"The public railway is old and has a full load capacity of only millions of tons per year. There are so many small businesses there, how can they allocate their share?"
Li Tang still explained his point of view slowly, "If you want to build an iron mine in the Pibala area, you need to build your own power plant, you need to spend money to connect water pipes, and if necessary, you also need to build a railway by yourself. From the Pibala area to the nearest Heland port, it is more than 200 kilometers, and a railway cost at least 200 million yuan!"
These words are reasonable and well-founded and hit the nail on the head.
I have to say that it has reached everyone's heart.
Just before Li Tang spoke, everyone was still in a happy and peaceful atmosphere, and they all believed that this merger and acquisition plan had great potential.
If you can acquire the Coastal Resources Company, it can be said that you can acquire the source of iron ore and open upstream and downstream production lines of overseas iron ore.
This is a major event that extends the depth of the strategy!
But after hearing Li Tang's words, everyone couldn't help but fall into deep thought.
"We can negotiate with large companies such as Lituo and Brucken Hill, and spend money to use their railways and power stations!" Alice was very worried, and used her brain to propose a solution.
"It is impossible to achieve in the short term. These large enterprises hope that all the small mining companies around will die and will never open the railway. Once a small mining company is allowed to use their railways and set a precedent, all small and medium-sized mining companies will demand the opening of the lifeline of railway transportation!"
"You said it's absolutely!" Alice was dissatisfied.
"You can go to the Nanao State Court to find out, are there still few cases of complaints about Lituo's companies not opening up railway transportation?"
Li Tang said a lot, and felt that he had said it very clearly.
In fact, the questions he raised are all the valuable experience accumulated by many Chinese mining companies that have gone overseas in the future after hitting walls again and again.
The most painful lesson is that Huaxin Group acquired the mining rights of two billion tons of magnetite ores in Theo State, investing almost 30 billion yuan. In the end, it had to admit its failure and swallowed the bitter fruit with hatred.
The reason for the failure is largely because it underestimates the difficulty of building infrastructure such as railways, power stations, etc.!
For the top iron ore producers such as Lituo, Billyden and Bruckenhill, the railways, power stations and other infrastructure in their hands are their biggest trump card and their competitive advantage.
They were able to reduce the cost of iron ore to more than 30 yuan because of the convenient infrastructure.
It is precisely because of the refusal to open private railways that I have endured many small and medium-sized mining companies over the years.
If it weren't for this, small and medium-sized mining companies would have prospered, markets were chaotic, and competition intensified, and they would not have dominated the world!
Guo Fengchun wanted to continue to refute Li Tang's words to support his point of view, but after searching his mind, he could not think of a powerful rebuttal.
Alice was very anxious.
She really hopes that Wu Mining Group will finally decide to take the acquisition so that they can truly act as financial consultants for the acquisition.
This is the first major acquisition project that she has the most hope to lead since she came to work in China!
"Well said!" Niu Fu took the lead in applauding.
Slap sex...
No matter what other people thought, they also applauded when they saw Niu Fu applauding.
"Mr. Niu, why don't you say a few words next?" Hu Zhenchi asked.
"I won't talk about it." Niu Fu waved his hand, "We have already learned about the situation of this inspection. If necessary, we managers can also go to Austria again to take more targeted investigations."
"Okay." Hu Zhenchi understood the meaning and announced to the others: "The report is over, let's leave the meeting."
Chapter completed!