Gu Kun is actually not very interested in mining industries other than oil, because these are dead-profit industries. They have been a mature industry for hundreds of years, and the profit margins are too transparent.
Therefore, among the exploration rights that the Malays can sell, Gu Kun is more concerned about the copper mine, because the copper mine is now in a very low valuation range due to the Southeast Asian financial crisis and the decline in OEM processing. The cost of acquiring the copper mine is very high.
Cheap.
Historically, steel has been too cheap, and its fluctuations with the economic cycle have not been obvious enough. Among the bulk non-ferrous metal deposits, copper is the most suitable for speculation along with the economic cycle.
After the collapse of the Internet bubble in 2001, when the global economy shifted from virtualization to real estate, the price of copper began to skyrocket. In 2003, copper prices were 20,000 yuan per ton, and between 2006 and 2008, they could rise to 70,000 to 80,000 yuan.
tons. After the financial crisis hit again in 2009, it fell back to 30,000.
And Gu Kun started the project now at the lowest point of the 1998 financial crisis. The current price of copper in the international market is only more than 10,000 per ton. The discounted price calculated by the Malays for him is even lower. A few billion ringgits can encircle Sarawak.
Most of the copper deposits are unexploited.
Gu Kun's arbitrage space lies in this underestimation and future rising space.
The scale of Borneo's copper mines is also the third largest in Southeast Asia. It is far inferior to the Philippines and Java, but it is enough to accommodate the scale of investment that Gu Kun needs to offset - heavy metals such as gold, silver, and copper must be stored in volcanoes and earthquakes more frequently.
It is much easier to do this in the seams of crustal plates, because these places can easily eject heavy metals deposited in the deep mantle, or at least squeeze them into the shallow crust.
That’s why Japan is so rich in gold and silver, and the Philippines is so rich in copper mines. They are both places where the Asian Plate and the Pacific Plate are squeezed, often causing earthquakes. Similarly, the world’s largest silver mines are in Mexico and Bolivia, and the largest copper mines are in Mexico and Bolivia.
In Chile, these are the seismic zones on the edge of the Rocky Mountains and the Andes, where the American continent and the Pacific plate squeeze.
This is why the best durian-producing areas in the tropics are often associated with copper and gold mines, because growing durian also requires rich sulfur-containing soil. Places with active volcanoes are suitable for growing durian, as well as heavy metal mines.
Everything has its own gains and losses. Borneo has much fewer earthquakes and volcanoes than Java and the Philippines, making it suitable for the development of other industries. So we can no longer count on rich mineral veins.
…
During the busy negotiation process, the Spring Festival is coming soon.
We have basically talked about how to use those resources to offset investment, and there are still some final details that have not been finalized.
Although we are in Malaysia, everyone is Chinese after all, and they still attach great importance to the Spring Festival. Around the New Year, several key Malay negotiators went on vacation, leaving only some Malay employees to continue taking care of the details.
On January 30, the third day of the Lunar New Year, Gu Kun specially took off from Lanfang and flew to Kuala Lumpur to wish his new partner, Boss Li, a happy New Year.
"Congratulations on getting rich and happy new year."
These polite words are the same everywhere, and both sides are making excuses and making excuses.
Li Jingshen recently felt that Gu Kun was a pretty good person, and he was more sincere in cooperating with Gu Kun. After all, the advantage of Gu Kun's youth lies there. Those senior entrepreneurs in family businesses, after cooperating with Gu Kun, will give birth to some supporting customers.
Kun, the idea of selling a favor.
This is normal, because they know that they will have to retire after running the business for more than ten years at most, and their life span will be there.
And if it is a modern Western company that does not engage in family management, then there is no problem if the founder retires, as long as the capabilities of the professional manager team can keep up and can withstand the test.
However, the Chinese tend to pass on all the company management rights to their sons, rather than just inheriting the equity. This requires recruiting a few external allies for the son to help watch over and support each other. Because of the son's ability
It is definitely not as good as those professional elite managers.
Li Jingshen obviously belongs to the wealthy generation with strong traditional Chinese thinking, so he invited Gu Kun to visit his house for New Year's greetings, and even asked his son to become brothers with Gu Kun and give him generous gifts.
"In more than ten years, if I die, you can keep the business peacefully. Look at what Nephew Gu is doing. You can follow me and drink some soup and make supporting supplies. You can keep the foundation of our Industrial Oxygen Group and make it stable.
It's good if you make progress, and I don't want you to expand your territory any more aggressively."
This was a polite word that Li Jingshen said in front of his son and Gu Kun.
Li Jingshen is considered a middle-aged son and has two sons in total. The eldest son, Li Yao, is five years older than Gu Kun and has just finished his MBA and is working soon. The second son, Li Sheng, is younger than Gu Kun and is still studying at Cambridge University.
It can only be said that Gu Kun's youth has won him an extra advantage in friendship. If he were of the same generation as Li Jingshen, Li Jingshen would have been too late to guard against him, so how could he dare to be so confidant.
After all, Li Jingshen's current assets are more than twice that of Gu Kun, so he is qualified to rely on his old age to give some advice to Gu Kun.
As the two parties chatted, they naturally asked what kind of minerals Gu Kun had taken from Governor Li to pay off his debt.
This is all public information, so Gu Kun will tell the truth.
Hearing that Gu Kun was only interested in copper mines for the mineral deposits, Li Jingshen felt a little confused and advised: "You want all the copper mines? Have you never thought of diversifying operations and mixing in gold mines and diamond mines?
The gold and diamond mines in Borneo have been mined since the end of the 19th century. I have always heard that it is the second largest diamond mining area in Asia, second only to India. I have no interest in mining, so I don’t
Come on. Since you are already involved in the mining industry, why not kill the rabbit and take over a few hundred thousand tons of copper ore mining area and occupy that small piece of gold and diamond mines."
Gu Kun said with a smile: "The total amount is too small, and the trouble is not worth it. It is better to just have copper mines, which are easier to manage. The so-called second place in Asia is just a gimmick. Who said that there are no diamonds in Asia except India. As for the golden touch
The output value of mines is even less. I have had people estimate that the annual output can be up to tens of millions of dollars. This is just output, not profit."
The Napo gold mine in Borneo is not even as good as Zhaoyuan in Ludong Province in China.
To put it bluntly, in the 21st century, people from China's Guxi Province went to sea to pan for gold or went to the Gold Coast of Ghana in Africa, but they were unwilling to come to Borneo. This shows that this place has no potential.
The gold output in Ghana will be at least 10 tons per year in future generations, while the gold mine in Sarawak will only produce one ton a year if it lasts. If the harvest is not good, it may only be a few hundred kilograms a year.
So it can only be used as a supplement, tasteless to eat, and a pity to throw away. The mining and management costs are quite a lot. It is necessary to develop an anti-theft management system specifically for gold mining, otherwise the local workers and management can collude and embezzle it.
For most of the income, it would be good to protect your capital and make a small profit. This was the original intention that Gu Kun did not want.
It's a pity that Li Jingshen persuaded him nicely: "My dear nephew, there are some things I shouldn't say. I think this matter is a deal between you and Governor Li, and I want you to win-win.
I can also roughly tell that your business approach in the past two years should be similar to that of the rich people in the Middle East, exaggerating that Lanfang is a rich country, and using the concept of 'rich' itself to attract people.
Luxury culture and tourism related industries, right?”
Gu Kun smiled slightly: "That's true. I didn't expect Uncle Shi to see it."
Li Jingshen waved her hand and shook her head slightly: "There are many people who can see it, but just because I can see it, it doesn't mean that I am also optimistic about it. Even if I am optimistic about it, it may not be suitable for me to follow up, so no one has imitated it so far.
you."
Anyone who can make a fortune worth billions of dollars has a good vision. After others do something, they can probably tell what their purpose is.
The key is that even if you understand it, you may not necessarily be optimistic about it.
Li Jingshen knew that Gu Kun wanted to portray a wealthy country character, but he didn't think Gu Kun would be a big success.
He paused and continued: "However, since you have made up your mind and cannot look back, I have one thing to advise you: holding gold mines and diamond mines in your hands will help you to become a rich man.
The design makes it more enviable for lay tourists and ordinary people.
When the world sees those high-tech companies making a lot of money, they actually feel inferior rather than envious in their hearts, because they know that even if they are given a chance, they cannot make this kind of money. But for coal bosses, oil tycoons, gold and diamond mine owners, it is easy to have
The vibes of envy and jealousy.
Let me tell you, if you really want to create a publicity campaign for a wealthy nation, the most effective way would be to recruit people from Shell to poach a corner, or even contract a small oil field at a high price and at a loss. It is more effective than relying on hard work.
Especially after the Iran-Iraq war and the Gulf War were exaggerated, the concept of "oil equals richness" has been deeply rooted in the hearts of the Chinese people. Similarly, you have two billionaires there, one is engaged in industry and the other is digging oil fields.
, the Chinese people’s misconception must be that their knees get weaker when they see oil field owners.”
Just like an illiterate person will think that a pound of iron is heavier than a pound of cotton. This deep-rooted stereotype does not know that it can be exploited until the end of the year.
Gu Kun's eyes lit up, and he had to admit that Jiang was still hot when he was old, and Li Jingshen's words made some sense.
Even if his future mining income in Malaysia is from gold and diamonds, gold and diamonds will only account for 10 to 20%, or even lower, mainly due to Copper Mountain. However, the publicity effects brought by gold and diamond mines cannot be ignored.
Gu Kun's expression suddenly became serious, and he thanked him sternly: "Uncle Li's advice is correct, but I was negligent. From this point of view, even if the gold mine in Sarawak is not profitable, or even slightly loses money, I should still be swollen.
Let's dig it out like a fat man."
Then, the key is to force the tour guides to include "Because Lanfang's capitalists not only control Lanfang's local oil fields" when introducing the question "Why Lanfang is rich" in all tour guide training courses in Lanfang in the future.
, also controls most of the gold mines, diamond mines, and copper mountains on the neighboring island of Kalimantan.”
Novice tourists who like to admire overbearing CEOs who get something for nothing admire this mindless way of making money the most.
Just having money is not enough, you also have to have money without any effort. As the saying goes, if you have more money and less work, you are closer to home. It is best to go to work and get paid.