After completely reaching an agreement with Zhu Youdong, Lanfang's internal general strategic direction for oil field use can be regarded as monolithic.
How to develop it in the future, the specific details can be discussed later.
For now, we will first issue government bonds based on oil field mortgage convertible bonds, and then get the funds to deal with the crisis ahead.
Gu Kun agreed with Zhu Youdong on June 24, and signed a bunch of contracts with China on June 25.
Some were with China Construction Bank, some were with CNOOC, and it was complicated. The people who reviewed the legal terms were busy for two days and two nights from the 23rd to the 25th.
The need for funds is really too urgent, so we have to do this.
Fortunately, on the other hand, China Construction Bank was also aware of the demand for funds of this scale. On June 21, when people from Huahai Oil spread the rumor to the country that oilfield reserves had actually been discovered, China Construction Bank had already begun preparations at full speed.
The state of funds is so limited that we can barely catch up.
The short-term foreign exchange borrowing required by Gu Kun is as high as 15 billion U.S. dollars. Even if half of it can be returned quickly, the medium and long-term demand may be half, but that is still an exaggeration.
Gu Kun requested that US$7.5 billion be gradually disbursed before June 30. The remaining US$7.5 billion can be gradually disbursed in July, and as long as everything goes well, the loan will be repaid in advance in the third quarter of this year, that is, before the end of September.
Part of it is about 5 billion (also to pay less interest, Gu Kun does not have so many places to invest so much money for the time being. The capacity of Nasdaq in the future is also limited, and too much money may cause the Internet bubble to burst.
Too late to run)
The remaining 10 billion will be spent slowly, perhaps held for two or three years, or perhaps until the money in Internet stocks can be gradually sold out.
Anyway, the agreements Gu Kun signed with China Construction Bank and Huahai Oil were relatively strict, giving Gu Kun the opportunity to repay the loan early without losing additional interest. As long as Gu Kun runs fast in the future and has less demand, he can completely reduce the interest in time.
pressure.
And even if only this 10 billion US dollars is left, it is equivalent to 5% of China's national foreign exchange reserves in 1998. With the full investment of CCB, half can be collected within ten days, and the other half can be collected within a month.
It’s already very rare. Maybe behind it is a wave of workers and peasants from China State Construction Engineering Corporation that share the benefits.
If the mortgage assets were not of high quality, no one would be able to do so quickly.
Although the US$15 billion is not a one-time payment, when Gu Kun brags, he can definitely boast that it is a one-time payment, so as to maximize the intimidation effect on international short-selling forces.
Anyway, bragging and not paying taxes, so veterans like Huahai Oil and China Construction Bank also know how to cooperate with Gu Kun in the public opinion war.
First of all, Gu Kun is still negotiating, and the outside world has already blown it out in advance.
Gu Kun warned CNOOC from the beginning: Never mind that the actual reserves should be between 2.2 and 2.5 billion barrels. For external official announcements, you should at least round up to 3 billion barrels.
Unexpectedly, Huahai Oil was more powerful than Gu Kun expected. It added a bunch of additional modified data and technical details, and rounded it up again, turning three billion barrels into five billion barrels for publicity. (It would not have been possible if it had been rounded off one more time.
Do you know if it can be blown into 10 billion barrels?)
Most of the international community does not believe this figure, because at 5 billion barrels, it is basically equivalent to the historical total reserves of Brunei next door, and the country's land is at least half smaller than Brunei's, and its territorial waters are not clear.
Lai Yuan, why do you have so much oil?
(Note: The total historical reserves refer to those that have been discovered and mined. Taking 1998 as a node, Brunei's remaining oil has been less than 4 billion barrels. The so-called "more than 5 billion barrels" include
More than one billion barrels were mined throughout the 1980s and the first eight years of the 1990s.
Therefore, if Lanfang really blows it to more than 3 billion, because Lanfang has not mined before and has saved everything, its remaining oil potential in the future will be similar to Brunei.)
…
On June 24, before the money had been received and news about the oil field had begun to spread, Soros was already in dire straits at the Quantum Fund headquarters on Wall Street in New York.
He seems to have aged by more than ten years in just over a month. Before the uncertain factor of new oil fields and new financing entered the market, his winning rate was actually not high.
It can even be said that the only suspense is how much compensation must be paid before cutting off the flesh and retreating.
And when this last straw hits, the effect is undoubtedly disappointing.
"Do our front-line allies in Southeast Asia have the most confirmed news? I want to know how likely it is that the so-called Lanfang Oil Field is fake! The people at Shell Oil should know the best about the oil reserves in Southeast Asia. Why are we here?
Our friends at Shell Oil didn't warn us?
So this must be a fake! Yes! It’s fake! I remembered that Gu Kun seemed to have invited people from Shell Oil to explore before! It’s because Shell Oil is upright and unwilling to follow him in making false claims and damage Shell’s goodwill, so
You didn’t go? Right? Right? That’s it, right?”
There was a rare situation where Soros repeatedly asked his secretary assistant a question several times.
Those subordinates who have been with him for many years have to admit that this kind of neurotic state has never appeared before.
"By the way, where's that Kong Shangzhong? Why didn't he reply to our message! He should have the most timely, thorough, and revealing information on Southeast Asia! This is his dereliction of duty, and the dereliction of duty of those responsible for contacting him!
"Soros couldn't help but become hysterical when he saw that no one answered him.
In fact, it wasn't that no one answered him, it was just that he was very impatient. After just three seconds after asking, no one answered, and he couldn't bear the fear.
One of the subordinates had to respond: "Boss, we have contacted Kong Shangzhong, and we have done everything you asked us to do. However, he did not reply yesterday. Today I asked again, and his secretary replied that the boss was mentally ill and hospitalized.
, and at the same time, there are some sudden heart and brain diseases, and now the health condition is very deteriorated - I think the incident in the oil field is very likely to be true.
Moreover, the financing information of CNOOC and China Construction Bank should be confirmed within a day or two. The expected loan scale is currently rumored to be false, and there are many rumors. But one thing is confirmed, and that is Huaxia
Some large state-owned banks will definitely extend a larger loan to Gu Kun, and China's foreign exchange management department is also following the procedures.
According to international practice, Chinese people would not dare to put so much money on a false and forged mortgage. You may not believe Gu Kun or Huahai Oil, but you cannot not believe the banking industry on the issue of loan collateral.
of rigor.”
The subordinate answered this way to ensure that his own responsibilities were cleared first.
He is just a part-time worker, receiving at most a small commission or performance, but he is not a partner who personally invests so much real money.
You don’t have to die with your boss, let alone bear the wrath of your boss’s other investment associates who don’t know the truth.
The bank's mortgage review cannot be faked, especially the tens of billions level loan.
Thinking of this, Soros closed his eyes in complete pain.
This was the straw that broke the camel's back.
…
On the other side of the ocean, in Xiangjiang, Gu Kun was actually a little nervous.
He dealt with various signing and cooperation matters in Lanfang. He was busy until June 28, when he had to fly to Xiangjiang urgently, and then left all the unfinished matters to Tang Jia and other subordinates in Lanfang.
deal with.
The final confirmation of Soros's death is obviously a more important matter.
Therefore, he caught the night flight on June 28th and didn't want to delay even one night.
Liang Jinsong personally went to Kai Tak Airport to pick him up and then reported the entire situation.
When the two met again, the awe in Liang Jinsong's eyes for Gu Kun was far from what it was a month ago.
In less than a month, Gu Kun not only killed Mitchell Hatcher and other Chinese offenders, but also received such a large sum of food from God as a chosen person.
It has produced so much good news and severely destroyed the expectations of short sellers.
With a boss like this, what else is there to say?
"Can it be done?" Gu Kun said nothing more.
Liang Jinsong is full of confidence: "It can be done. I have noticed that some short sellers who are not too die-hard and do not have the full net worth of All-in have now retreated timidly. What they want now is to save their lives and move to South Korea and Lu
In West Asia, go to markets where there is no national team to protect the market.
The enemy's only resistance may be the unnecessary rumors spread by Soros and his people - they have further increased the intensity of spreading rumors since yesterday, variously saying that "on July 1, short positions in the futures contract will be forced to be liquidated"
After that, the funds from the national team and Lanfang will be lost
There are various versions of the rumor that if you run slowly, you will be trapped. Maybe this will sway quite a few retail investors, but there is no doubt about our victory. It is just a matter of the cost of winning, and whether we will be caught in a high position.
If you are forced to become a shareholder, how big should you be and how long should you be a shareholder?"
Gu Kun nodded: "I'm mentally prepared for this, so don't be burdened by it, just go ahead and do it. Even if I have to become a major shareholder of Hong Kong stocks, I can find a way to get out of it."
The final sprint period of two or three days passed quickly.
Everything was as expected by Liang Jinsong. There was a slight shock, but it did not affect the overall situation.
The 28th is a Sunday, so there are five consecutive trading days from the 29th to July 3rd.
Since July 1st, the 200,000 to 300,000 futures contracts on the market have been in a state of "can be forced to liquidate" because the contracts were originally betting on the Hang Seng Index, which will start to be settled after July 1st.
However, "positions can be liquidated" does not mean "positions can be liquidated by force", nor does it mean "positions must be liquidated by force."
After entering the "position-closing stage", Soros can close the position if he wants to run on his own.
From then on, within the grace trading range, if at any time the Hang Seng Index rises above the leverage liquidation point, the exchange/financing undertaker can also force liquidate the position in accordance with regulatory authority.
On June 28, the Hang Seng Index was already at 16,100 points. On the 29th, 30 people reached 16,300 and 16,500 points respectively, and it reached 16,900 at the opening of July 1.
Gu Kun did not give Soros even the slightest chance, and all the final selling orders that attempted to shock were accepted, even if the average cost of opening a position soared.
On the afternoon of July 1, Gu Kun heard that Kong Shangzhong, like a character in the TVB drama "Big Time", made an irrational choice to end his sinful life.