Chapter 280 Good News Bad News(1/2)
Smith took out a map with a red pen marking the area of the land they purchased!
Smith pointed at the map and smiled: "Mr. Yu, the total area of this land is fifty-two square kilometers! We spent $3.8 million when we bought it!
Coupled with the exploration rights and the investment our company has invested in it over the years, I think 15 million is more appropriate!"
"Mr. Smith, it is obvious that your offer is not sincere at all!
We simply can't reach an agreement!"
"Mr. Yu, we did not raise the price. These are just the funds our company invested in this land..."
"Mr. Smith," Yu Qingyang raised his hand to interrupt Smith, "I'm sorry to interrupt you!
If you have this attitude, I don't think we can continue talking!
First, when you buy, you go to the diamond mine!
The second time someone else bid!
Forgive me for speaking more directly!
Now this land has been confirmed to contain no mineral resources!
The mountains are bare except for rocks, and there are no resources that can be used!
The land near the mountains has also been eroded by sea water and turned into saline-alkali land! Or it is about to become saline-alkali land!
You ask me for 15 million for such a piece of land that no one wants for free?
Sorry, I’d like to ask if it’s 15 million dirhams?”
“Fifteen million dirhams?
Mr. Yu! Your price insults me and this land!" Smith said with anger.
It seemed like I had been greatly wronged.
"Haha!" Yu Qingyang leaned on the sofa and chuckled, taking a sip of the coffee in front of him.
"Mr. Smith, I don't think this is an insult. If I hadn't used it to build a factory, this land would be worthless now!
In other words, as an investor, if I want to build a factory in Ajigeria, believe it or not, the Butitan City Government is willing to sell me the land at a price of one dirham per acre!"
"Haha, Mr. Yu, are you talking about the price of desert?
Our land has complete highway facilities, water supply, and power supply facilities!
It is very suitable to open a factory!
In this way, we have taken a step back and settled on US$12 million, which is a very sincere price!”
"Haha, the reason why I want to buy the land from you is because it is close to Highway 32 and there is a road in it!
To be honest, this piece of land and that road are somewhat valuable!
Without the road, the land is worthless!
But Mr. Smith, you must also see that your roads are seriously damaged and your water supply and power supply systems are too old to be used!
I bought it back and invested a lot of money in repairs!
If I take a step back, for one million dinars, you can recover some of the cost!
Otherwise, it will be worthless no matter where you put it!
In the eyes of bankers, this is a negative asset and a failure of your investment!" Yu Qingyang said bluntly.
Negotiation is just like that. Don't think that big business doesn't involve bargaining. It's the same as buying groceries.
One party is trying its best to talk about the advantages of the trading items and raise the price, while the other is devaluing the trading items and desperately lowering the price.
The two sides went back and forth and exchanged words with each other. After several confrontations, the price reached a stalemate.
Yu Qingyang was only willing to pay one million, but Smith was unwilling to pay any more than eight million.
The two of them were quarreling till their faces were red and their necks were thick, but neither one of them was willing to say "If you don't give in, I'll pull you down or don't pull me down!"
This piece of land is really suitable for Yu Qingyang!
Forty-six square kilometers of barren mountains and six square kilometers of plains.
The most important thing is that the land has complete water and electricity circuits.
Company W originally planned to do something big here.
As a result, the entire mountain was searched over and over again, and the diamond was finally found.
But the diamond mine I want is not available!
It cannot be said that there is no such thing, otherwise Company W would not have spent huge sums of money to build roads and provide water and electricity.
At the beginning of the exploration, weathered diamond rock layers and unweathered diamond rock layers were indeed discovered.
Weathered diamond rock layers and unweathered diamond rock layers are the basis for the formation of diamond mines.
In addition, W Company did discover more than a dozen rough diamonds during the exploration process.
So, W Company thought it had found a diamond mine.
Start building infrastructure to prepare for diamond mining.
The result is very cruel!
This barren mountain does have weathered diamond rock layers and unweathered diamond rock layers, but there is no diamond they want.
Not even industrialized diamonds.
Diamond and diamondite are not the same thing. Diamondite is only the basis for producing diamond.
It does not mean that a point will produce diamond.
Diamond rock can only be used as building materials. However, there is a thick layer of weathered diamond rock on top of the diamond rock, which increases the cost of mining diamond rock.
The diamond rock that originally had some value has become worthless.
In the end, W Company simply gave up the land.
I have been looking for a way to take action, but no one who has the ability to take over is a fool.
Who wants to take over a worthless piece of land?
Yu Qingyang and Smith from Company W both knew in their hearts that one wanted to buy and the other wanted to sell.
They just want to maximize their own interests.
So although the two people quarreled fiercely, no one said they would end the negotiation.
As for Zhang Qiang and another senior executive of Company W, they were basically just watching a play. Watching two people quarrel back and forth was much more interesting than watching a drama.
"Mr. Yu, I am very sincere! You are still not satisfied with buying fifty-two square kilometers of land for eight million?"
"Mr. Smith, do you think I'm stupid?
Eight million to buy 52 square kilometers of land in Ajigeria?
It's almost as good as Montana!
For eight million I can buy 5,000 square kilometers of land in Ajigeria!
Or in the north, close to the geographic glass!" Yu Qingyang mocked.
"Mr. Yu, although land in Ajigeria is cheap, it is not this cheap!
Buying 5,000 square kilometers of land for 8 million is simply a fantasy!
You probably haven't woken up yet!" Smith mocked.
One square kilometer is equal to one hundred hectares, which is equal to fifteen hundred acres of land.
Five thousand square kilometers equals half a million hectares.
Land in Ajigeria is really cheap, ridiculously cheap.
Of course, the premise is that there are no oil or other mineral resources underneath this land.
But no matter how cheap it is, it still won’t cost 8 million to buy 5,000 square kilometers like Yu Qingyang said.
This is equivalent to one dollar per acre.
The situation is almost the same in Central and West Africa, which are even poorer.
In the end, Yu Qingyang increased the amount to 3 million US dollars, while Smith lowered it to 7 million US dollars, and the stalemate started again.
The price given by Yu Qingyang is already slightly higher than the actual land price in Ajigeria.
"Okay! Mr. Smith, I think we should stop here first today!"
If you give me this price, I might as well go directly to Butita City Government to buy another piece of land!
I believe that if I rebuild a road closer to Butitanic City, including water and electricity, it will cost less than five million!" Yu Qingyang did not want to continue to entangle, and stood up to terminate the negotiation.
"Mr. Yu, although there is a lot of state-owned land around Butan City, the area is definitely not this big!
I’ll take one more step back, six million! If possible, we will make it happen!”
To be continued...