"Your Highness, you are well. Here are 3 billion U.S. dollars, which is the income from this series of investments by Lanzhou's sovereign and royal funds. There may be more than a billion in the future, until I withdraw my chips from the Hong Kong real estate sector.
I can only pay you back after a part of it. I promise to pay it all before the Chinese New Year next year."
On October 1, the first day after returning to the Lanfang Islands, Gu Kun paid a formal visit to the Grand Duke Zhu Youdong, whom he had not seen for several months, and presented the necessary funds.
Before that, Zhu Youdong had a slight grudge against Gu Kun, and even though he was inclined to regard him as his son-in-law, the Kelanfang Oilfield matter, with more than 2 billion barrels of oil, was worth more than 50 billion after excluding the cost of extraction.
Dollar.
Even if Gu Kun has to pay taxes, divide his wealth, and divide his interests with China in exchange for China's military protection, and the international relations layer covers you, Gu Kun can still earn at least 20 billion in net income.
Even if it is a son-in-law, if the son-in-law is too powerful and has too much money, his daughter may suffer losses in the future and will not be able to restrain her husband.
However, at this moment, seeing the 3 billion US dollars in real money arriving, and more than a billion more in a few months, the last trace of unwillingness in Zhu Youdong's heart was finally completely wiped away.
What's not satisfying about this?
The oil profits of 20 to 30 billion were rewarded for Gu Kun's good intentions. The chosen one was helped by God, and he could not be jealous.
Secondly, after all, things like oil require a production-to-reserve ratio, and it cannot be dug up all at once. Therefore, the value of options lying in the ground waiting to be developed is compared with the actual cash that has been obtained in real money.
There must be a discount.
Most countries in the world with permanent land rights and no time limit for mineral exploration rights have a production-to-reserve ratio between 70 and 90, which means that a mine or oil field will take 70 to 80 years to be mined.
In this case, it is the most economical to comprehensively calculate the cost investment of mining facilities, and will not cause the problem of "the mine will be dug before the equipment and planned facilities are used for enough years, and the facilities that have not been completely depreciated will be scrapped."
.
Only mine owners and coal bosses in a very few countries, such as China, generally use the "35 times production-to-reserve ratio" plan. The mine they get will take 35 years to dig out. But this is very uneconomical in terms of cost.
The waste caused by duplication of construction and insufficient depreciation is extremely serious.
The reason why the Chinese people do this is not based on technical considerations, but purely because of laws and policies. Because China's mineral deposits and land are state-owned, coal bosses can only obtain contracting rights for a maximum of 30 years.
In addition, coal bosses are always worried about policy changes and uncertain factors such as night long dreams attracting hatred. Therefore, even if they repeat construction, extensive expansion and crazy waste, they must ensure that the contracted mines are completely dug within 30 years. It is best to wait until the contract expires.
No root hair will be left to future generations.
Obviously, Lanfang Oilfield cannot do this, because the previously estimated "exploitation cost of US$15 per barrel" is calculated based on "other oilfield infrastructure, except for consumable parts, will be depreciated over 70 years after construction." If
The Lanfang Oilfield must also follow the Chinese model and accelerate its monetization crazily. If it is dug out in 30 years, the cost will no longer be 15 US dollars, but may rise to 25 US dollars in mining costs. In the end, the gains outweigh the losses.
Didn’t you see that Saudi Aramco claims to have more than 200 billion barrels of crude oil reserves, but its valuation in the international financial market is only two to three trillion US dollars. The financial valuation of one barrel of oil reserves is less than US$15, which is far away.
Lower than international oil prices.
In the same way, the oil under Lanfang is worth 80 billion US dollars. After excluding the extraction costs, it is worth 50 billion. If it is really converted into the market value of the oil company, it may be discounted to 20 to 30 billion, and the interests that can be attributed to Gu Kun are only
More than 10 billion.
More than 10 billion U.S. dollars in dividend rights is not necessarily better than four to five billion U.S. dollars in cash, and it saves you worry.
Zhu Youdong, who had completely turned around in his heart, became more and more kind to Gu Kun: "Xianxiang, why are you so anxious? Our money is the family's money. Why are you so anxious to pay me back? I will continue to keep it in your hands."
I feel relieved that my boss is in charge."
Zhu Youdong was relieved, but Gu Kun didn't want to be. He was anxious to pay back the money because of the Internet bubble next year. Gu Kun didn't want to take Zhu Youdong to play anymore, so he wanted to settle the accounts as soon as possible.
As mentioned before, according to Zhao Kun's prediction, after the Internet bubble ends and telecommunications network stocks are successfully cashed out at high prices, his own income will increase sixfold in the past two years.
And Zhu Youdong's money increased from more than one billion to four to five billion. In fact, it only quadrupled.
There is still a difference of twice the principal. The key lies in "Gu Kun only took Zhu Youdong for the first half of the game" and only joined forces with Zhu Youdong when he was still short of money.
Of course, you can never say that. You must always act like a kind and filial son-in-law.
Gu Kun's answer was very modest: "Your Highness, you have given me the prize. The more I make, the more cautious I become. I deeply feel that I am lacking in ability. The stock god Buffett rarely makes moves. He only makes moves in industries that he has studied most thoroughly.
Don't touch anyone you don't understand.
In the investment industry, those who refuse to work without help are those who are willing to fight and will perish. I feel that I have exhausted my talents, and I am afraid that I will not gain much if I help you manage your money in the future."
In ancient times, there was a filial son in Lordaeron, but now there is a filial son-in-law in Lan Fang.
Hearing that Gu Kun insisted on being so humble, Zhu Youdong stopped insisting, accepted the money obediently, and then asked about various experiences and situations in Xiangjiang.
Perhaps because he witnessed that Xiangjiang withstood the attacks on the exchange rate and stock market and officially became the end of the Southeast Asian financial crisis that lasted for a year or two, Zhu Youdong, as an outsider, inevitably had some doubts about Xiangjiang's system and laws.
A kind of fantasy that looks higher.
While chatting, Weng and his son-in-law talked about how to spend the money earned in the future and how to allocate high-quality assets in the shipping, real estate and financial industry bought from Xiangjiang to coordinate with Lanfang's future industrial upgrading.
Zhu Youdong often tested Gu Kun's opinion: "Do you think, since we will have our own bank in the future, and other industries will also be upgraded to support it, would it be possible to copy some of Xiangjiang's economic management regulations and various criminal and civil laws?
Better?
Among the world's major financial centers, except for Frankfurt, which applies civil law and relies on clauses for all matters, the others seem to be based on the Frankfurt legal system. I now also feel that it would be good if the commercial law clauses were stricter and the criminal justice system was moderately Westernized.
Although the problem would be huge in other countries, our country in Lanzhou currently has a small elementary school population and fewer disputes. The boat is small and easy to turn around, and it can get up quickly. If in the future, foreign workers and tourists are added, and the permanent population exceeds one million, then think about it.
It would be troublesome to change the law on a large scale."
Gu Kun was slightly startled and quickly dissuaded him: "Your Highness, you must not have such an idea! I think our Lan side is used to using the Chinese method, wouldn't it be good to continue as usual? The reason why Xiangjiang won this time was because of the support from the mainland.
and support
You must not have the illusion that it is because of how good Xiangjiang's own system is. I have finally seen through it that Xiangjiang can only prosper by relying on the mainland. Its own system of digging pits left by the colonists is actually a burden.
Functional."
The current laws of Lan Fang, except for the economic and political fields, are mainly copied from the Chinese, because it is convenient to copy the same language and the same species.
Take the criminal law as an example. When Lanzhou was founded in 1984, the law enacted by China in 1979 can be removed except Chapter 1 (on ideology and national security) and Chapter 3 (on economic crimes).
Others basically copied it.
The first chapter must not be copied because the ideology is different.
Chapter 3 cannot be copied, at least some of the clauses, because China’s economy has a lot of public ownership, and Lanzhou has almost none. Moreover, there are almost no judgments on “illegal operations” in Lanzhou, and there are many special service industries and
The special entertainment industry is open and legal to operate in Lanzhou, as long as you pay taxes according to regulations and obey management.
Nothing else matters.
As for Huaxia, the punishment was actually revised in 1997, which was the first major revision since 1979. After the Lanfang people copied it more than ten years ago, they are still discussing whether to continue copying it, and everything has not been finalized yet.
At this juncture, Gu Kun did not want Zhu Youdong to make any misjudgments. He must dispel Zhu Youdong's institutional illusions caused by his victory in Xiangjiang.
"Your Highness, future history will prove that the East is superior to the West even in the field of justice. We must not do the foolish thing of entering the treasure mountain and returning empty-handed. The people of Xiangjiang are currently left by the colonists who claim media freedom.
One set, completely added to the chaos during the financial crisis.
Let’s just say that Kong Shangzhong is a bastard whose whole family ends his life of sin. This kind of scum should die silently. However, many foreign-funded media in Hong Kong with ulterior motives like to exaggerate and follow the rhythm.
As for later, I wanted to cooperate with the authorities to suppress housing prices and squeeze the hot money from the real estate market into the stock market, but the result? A few highly leveraged real estate speculators, gambling with inferior products, refused to admit defeat, and jumped to the media again.
See, hype creates pressure.
What is there to learn from the legacy of this kind of Breton dog? Your Highness, it is not easy for us to build a country. You must hold on. Think about your courage when you fought against the Breton dog more than ten years ago. You must not be a petty rich man.
Ji'an lost his fighting spirit and alertness."
Zhu Youdong was greatly surprised.
He didn't understand Gu Kun's three views.
In Zhu Youdong's view, the Chinese system does have many advantages, but those advantages are also the advantages that Germany and Japan have long imitated by their predecessors. As for the judicial, fair and other aspects of the system, Zhu Youdong has always felt that the Chinese faction does not seem to have a good reputation internationally.
good.
Especially a country like Oceania, a financial, media and lawyer country, which is famous for its judiciary. Even if there are doubts that their economy and scientific research will not work, I have never heard anyone criticize Oceania's laws.
Gu Kun's words must be said to be shocking.
"What should we interpret by the words of a wise son-in-law?" Zhu Youdong asked politely.
Gu Kun knew that Zhu Youdong was not an expert and could not talk too much, so he chose a little: "Just to talk about the simplest truth, the Chinese people have a saying that is best: All human rights, the most fundamental ones are the right to survival and development. Survival is overriding
It is above the fields of speech, media publishing and expression. It is not that speech is not important, but that any legal interest has a high and low level and priority. Speech cannot hinder survival. Compared with the two, life should be more important.
Going deeper, human beings have no right to dispose of their own lives. Legally speaking, suicide is a manifestation of the crime of intentional homicide. This cannot be ambiguous. It cannot be like the Boo Dog and the Ocean Dog, which leaves people with the idea of 'suicide for profit, suicide for gambling'.
Famous' operating space. Those pigs and dogs have fallen into the control of the financial media dogs of the Flash Gold Tribe and put the right of public opinion above the right to life. That is just to enrich the financial media lawyer class of the Flash Gold Tribe."