Before the Municipal Bureau's Economic Investigation Corps finally withdrew the case, Zhou Han was still restricted from leaving the country. Cao Mo had no intention of returning to Africa in a hurry, so he arranged for Chen Feng to bring information about the Gulf of Guinea Shipping and Mining Company to find Qian Wenhan;
Do the docking work first.
In order to promote cooperation with New Steel Union, Cao Mo not only merged the Gulf of Guinea Shipping and Mining Investment and Trading companies into one company, but also transferred 70% of his personal equity to Tianyue Investment. New Steel Union also hired
A third-party accounting firm has audited the assets and operations of the Gulf of Guinea Shipping and Mining Company.
All the materials are quite complete. The third-party accounting firm hired by New Steel Alliance is also well-known in Xinhai. It mainly serves listed companies. Its credibility and professionalism are worthy of guarantee.
Qian Wenhan had agreed with Cao Mo to go to Africa, but the focus of his inspection would not fall on the Gulf of Guinea shipping and mining companies. He personally mainly wanted to experience the current overall investment and development environment in Africa.
As for the cooperation negotiations and risk assessment of specific projects, his subsidiary Sun Hung Investment has its own professional team.
After preliminary research on the materials, Qian Wenhan also sent people to Kanem to inspect the business operations of the Gulf of Guinea Shipping and Mining Company together with Chen Feng. Xinhai Gold Industry also sent people to Akwa to negotiate.
Exploration business cooperation matters.
It was not until the beginning of August that the Economic Investigation Corps of the Municipal Bureau officially canceled the investigation of the Taihua Commercial Bill Fraud case, and Zhou Han got his passport back, and the matter was finally settled.
After a short period of trading, New Steel Union suspended trading again in early August to discuss the fourth share-trading reform plan, but the stock price was still suppressed at a low point.
Muxiang Capital initially invested 20 million yuan and has made a profit of 5 million yuan, but no one can predict how long the suspension of New Steel Union will last, and whether New Steel Union can come up with an equity share that truly meets the needs of many parties.
Although the real estate reform plan was passed, no one can predict how long this bull market will last.
Therefore, the floating profit of three to five million has no meaning. Cao Mo is more concerned about raising the price of Yu Jinjie, Han Shaorong and others' acquisition of state-owned shares as much as possible, retaliating with tooth and disgusting them.
After the "5.30", the securities market experienced a deep adjustment for a month and a half, and started a violent rise again in mid-to-late July. In just two weeks of trading, it reached a new high; Muxiang Capital still has
With more than 20 million yuan in capital, we have made even greater gains during this period, and the key is that we can cash in profits at any time.
Of course, Cao Mo didn't have the energy to pay attention to these things; he wasn't even eager to take Jiaying to get to know Ge Jun.
In any case, Jiaying is still a beginner. No matter how high her understanding is, the killings here are more brutal and involve more complex areas of knowledge. In Cao Mo's view, she is not qualified to compete with people like Ge Jun for the time being.
Direct conversation.
We still need to give Jiaying more time to explore and grow independently.
The newly registered joint venture company used by New Steel Union to acquire Catero Steel Plant, in addition to Huamao Investment's 30% stake and Taihua Group's 10% stake, eventually also included Liang Yuan's personal 10% stake in the joint venture company.
The management team was completely formed by New Steel Alliance, and in early August, it officially signed an acquisition and capital increase agreement totaling US$150 million with the Oyo State government. These people finally got along with each other and got together.
The scale of the cooperation agreement signed by Cao Mo and Xinhai Gold in early August is somewhat insignificant. The cooperation between the two parties mainly involves the operation contracting of four 400-meter-deep exploration wells on the east bank of the Wusang River and cooperation in the evaluation of C2-level reserves in the mining area.
The total amount is only three million US dollars.
Moreover, this is the amount that Yibogu Mining Group has to pay to the Xinhai Gold Geology and Mineral Exploration Institute, and it will not involve the transfer of exploration rights for the time being.
Cao Mo finally decided to rent the warehouse on the east bank of Zhiyun Lake and transform it into the headquarters of Tianyue Investment.
The total office area is less than 7,000 square meters. It is planned to invest 20 million in renovation funds and it will be put into use before the end of the year.
Cao Mo was no longer short of money at this time.
After the acquisition of Beku Cement Plant and Xintaihua Grinding Station, after four months of construction and rectification, they were officially put into operation in July. The production capacity of Cornero Cement also officially exceeded two million tons, making it a
The largest cement manufacturer in the western coastal region of Naim.
A considerable part of the new production capacity of Cornero Cement is sold to Benin and Akwa, which will not have an impact on the finished cement market in Canem, especially in Decuramo and the surrounding coastal areas, and it still maintains quite pleasant profits.
Rate.
The two rock gold mining areas previously invested and constructed by Ibogu Mining in Ibogu and Oguta were completed in early June. After the merger of Stru Gold Mining Company's Nai'e mining area in Benin, the golden month of Ibogu Mining gold was
Production increased to 30,000 ounces.
After the adjustment for more than half a year, the international gold price returned to the range of US$650 to US$700 per ounce in early June. Ibogu Mining has made profits of US$2 to 3 million every month and has survived.
The most difficult period of time.
Cao Mo's capital pool, which had dried up for four to five months, has now been restored. Naturally, it will be a little more generous when it comes to building the headquarters of its domestic parent company.
The design and development center of Tianyue Industrial has already produced two engineering prototypes, which can be regarded as the most critical first step from CAD drawing design. However, this is only the first step. There will be a lot of testing and adjustment work to be done later.
Once the first complete model is produced, subsequent mass production will also require a process.
Production can make full use of the domestic motorcycle industry chain that has already matured for OEM, and there is no need to spend a lot of money to build a production base. At present, the West African motorcycle market has a monthly net profit of up to 15 million.
It is sufficient to support product development at this stage.
Xu Bin and Huang Yijiang even intend to make more technical reserves, and Xu Bin is also mainly discussing with Huachen Industrial about OEM production.
It is quite eye-catching. After the plan for full circulation of state-owned legal person shares was passed, the stock price more than tripled, but the main operating situation was very miserable.
Pickup trucks are included in the management of freight vehicles in China, and their access to urban roads is strictly restricted. There is almost no sales in the country. Currently, they are mainly supported by the limited sales of more than 10,000 units per year in overseas markets; while they are developed on the basis of pickup truck chassis.
The small SUVs produced frequently suffer from poor quality and cannot increase sales.
The domestic mid- to low-end motorcycle market continues to shrink, resulting in fierce market competition. Overseas markets are slightly more impressive, but they contributed hundreds of millions in profits in the first half of the year, which cannot make up for the black hole created by domestic losses.
Of course, Huachen Industrial's wealth accumulated in the early years is still solid, and its main business has suffered losses every year. However, in recent years, it has made considerable gains in the development of industrial parks, real estate and commercial buildings, and some industrial equity investments. At this time, it is still very thin.
Camels are bigger than horses.
It’s no wonder that Huachen Industrial’s senior executives increasingly despise the investment in product development for the main business and focus on the management of side businesses.
Cao Mo's mentality was not in a hurry.
It will be a long-term process for the Wusang River copper-gold mine to invest in building a production capacity that is suitable for its reserves, and the amount of funds required is also extremely large. At present, more than 100 million US dollars have been invested, and only some foundational work can be done.
Even though both Qian Wenhan and Xinhai Gold showed eagerness to cooperate, Cao Mo was still in no hurry.
It's not that he doesn't want to cooperate, it's just that there is no way to negotiate a price at this stage.
For example, Cao Mo accepted capital injection for the Wusang River copper-gold mine project alone, and promised to let Qian Wenhan and Xinhai Gold invest US$300 million and take 30% of the shares. What are they willing to do?
If you can't reach an agreement, then don't talk for the time being. Being too eager will easily hurt your feelings and destroy the basis for future cooperation.
…………
…………
In mid-August, Xinhai is in the hottest season of the year, and the sun is scorching for several days in a row.
After Zhou Shenhe had settled domestic affairs and completed the procedures for leaving the country, Cao Mo and Shen Ji accompanied Qian Wenhan, Zhou Shenhe and others on their journey to West Africa.
He was also a technical staff member of the Xinhai Gold Geology and Mineral Exploration Institute. Taking advantage of the opportunity of cooperation negotiations, Zhou Shenhe finally decided to accompany Qian Wenhan on this trip in person after a month-long field trip to the Drake area.
The technical staff of Xinhai Gold Industry communicated with Amududi in person, and also conducted research on the existing exploration results on the east bank of the Wusang River. A batch of ore samples were sent back to China for analysis, and they all tended to be porphyry overall mineralization.
The possibility is extremely high.
In addition to the super copper and gold mines that may exist in the east of the Usan River, the gold resources in the Drake area and other areas of Akwa are also extremely rich. In Akwa, Ibogu Mining also acquired the Emerald Mountain and Fa
Two gold mines on the Nie River.
Both of these gold mines are deep rock gold mines with high mining costs, with proven reserves of three million ounces and a gold grade of about 2 grams per ton. They are not considered good mines, but Zhou Shenhe believes that with the electronic information industry
With the development of the economy and the intensification of international disputes, gold will have a sharp rise in the market.
Xinhai Gold has expanded rapidly in recent years and increased its overseas prospecting and acquisition capabilities. This is also based on the understanding of him, other management of Xinhai Gold, and many shareholders.
At present, the profit margins of the five gold mines owned by Ibogu Mining are not high, but as long as a new round of gold market can come in time and the production capacity remains unchanged, the profit scale will grow rapidly.
There is currently no way to discuss the cooperation in the Wusang River copper-gold mine project in depth, but for the gold mine project whose reserves are quite clear, Zhou Shenhe believes that it can still be discussed.
The long transfer was exhausting, but Qian Wenhan, Zhou Shenhe and the accompanying staff felt quite excited about the freshness of visiting a foreign land for the first time.
Dracula Mo has a modern, fashionable and prosperous side, mainly concentrated on Aral Lake Island, Victoria Island and Ikoyi Island, while the outer areas of the three islands are filled with chaos and poverty that are unimaginable in the country.
Cao Mo and the others did not stay in Draculamore. Instead, after meeting with the officials from the consulate, they drove directly to the Conero Lake Industrial Park to settle down.
After more than two years of construction, the Conero Lake Industrial Park and the Taihua Industrial Park on the south bank are far from comparable to the emerging industrial towns in the country, but they can be said to have begun to take shape.
In addition to the main production capacity of Conero Cement and the new refinery of Ibogu Mining, the Tianyue Industrial Assembly Plant is located on the shores of Lake Conero, the construction parts of several Taihua projects have also come to an end, and the installation of production line equipment is currently underway.
,debug.
In addition, hundreds of small and medium-sized processing companies have settled in the two industrial parks.
More than 80% of these small and medium-sized processing enterprises are Chinese-owned enterprises, with business owners, domestically hired management and Chinese employees. The total number of people is thousands, making it an area with the highest concentration of Chinese in West Africa.
What Cao Mo has done in Kanem in the past few years, no one will believe it when he talks about it. Only when you come to the Cornero Lake Industrial Park can you have a personal experience.
Although the investment scale of the Taihua Industrial Park is not smaller than that of the North Bank, Lu Jianchao, Lu Yan, Huang Hebin and other Taihua senior executives abandoned the dispatched employees, causing the dispatched employees to fall into gang siege. In the end, Cao Mo took action to rescue the Chinese businessmen in Kanem.
In the group, Taihua will always have a bad record that cannot be erased.
Even though Ma Bin was dissatisfied with Cao Mo in the early days, he decided to invest in building a wood processing plant in Canem, and finally chose to settle in the Conero Lake Industrial Park.
The Chinese community, which can only accommodate more than 800 people in the first phase, was built on the north side of the Hubin Yashe Hotel and has long been rented out. Although Taihua Industrial Park also has supporting living areas, those Chinese businessmen and dispatchers who settled in Taihua Industrial Park in the early days
Nearly half of the employees would rather travel an extra eight or nine kilometers every day and choose to live in the Chinese community here.
In the Kenero Lake Industrial Park, in addition to contacting the Chinese businessmen in Kanem, Cao Mo also made a special trip to the North Shore to provide 10,000-ton yards.
A dedication ceremony was held for the completion of the head, and Nitz Oppenheimer, Rupert, Brahm, Blake, Ochosan, Sanchez and others were invited.
This will make it easier for Qian Wenhan, Zhou Shenhe and others to meet with them together.
Nitz Oppenheimer finally chose neutrality. At this stage, Cao Mo pretended not to notice what he had secretly planned together with the Lu family, and the two sides maintained a superficial harmony.
After staying in Lonta for three days, we rushed non-stop to Bodonov, the capital of Benin, to visit the Oguta plantation being developed there and the first phase of the Oguta mining area that had just been constructed and put into operation.
Yibogu Mining has obtained a total of 1,000 square kilometers of gold exploration rights in Oguta. The current proven reserves are 900,000 ounces, and the C2 level reserves are estimated to reach 5 million ounces. The potential is much greater than that of the Yibogu gold mine.
It is almost the same as the combined gold reserves of the three gold mines of Fane River, Emerald Mountain and Nae.
The current investment in the mining area is only 20 million US dollars, and the scale of mining is seriously insufficient. In the future, investment will need to increase to 40 to 60 million US dollars to fully utilize the benefits of the Oguta gold mine.
Benin's Naie mining area still needs tens of millions of dollars in funds to update machinery and equipment, while the two gold mines located in the Fane River in Akwa Mamba region and the Emerald Mountain in Maritime Province, Ibogu Mining have just moved from Akwa
The authorities have obtained the mining rights and have only used a small amount of funds to make preliminary preparations.
At present, Cao Mo's capital pool has begun to recover, but if he wants to solidify what he has occupied in the past few years and then continuously convert it into profits, he is still short of funds, not to mention the bottomless pit of Wusang River Copper and Gold Mine.
.
The last stop of the inspection was Drake. The exploration team of Xinhai Gold has already entered the site and is preparing to start the exploration work for C2 level reserve evaluation.
The construction here is very fast. The main body of the small hydropower station in the upper reaches of the Wusang River, the new freight station, and the infrastructure of the mineral processing plant have been completed or are nearing completion. Next is the arrival of various mechanical facilities, installation and commissioning, and recruitment of employees.
Follow training.
Cao Mo's goal is to start trial production before the year.
In order to save transportation costs, the copper concentrate will be transferred to Draculamo Port. If all goes well, after the Spring Festival next year, the first shipment of copper concentrate can be transported to the copper smelting plant acquired by Xinhai Gold Mine in western Zhejiang for smelting.
.
There is nothing difficult about both parties signing such a supply agreement.
The pricing mechanism for copper concentrate is transparent. There are more than 100 large and medium-sized copper smelters in the world, more than half of which purchase ore globally. If Cao Mo hadn't wanted to reduce costs as much as possible, he could have mined copper concentrate.
Just transport the ore to Peimei Port and sell it to the swarming ore traders.
Even when new smelters are constantly being put into operation and the global supply of copper concentrate is tight, he has no problem waiting for traders to come to his door.
In fact, in order to truly squeeze transportation costs to a minimum and enjoy the tax incentives provided by the Akwa authorities on the export of industrial products, Cao Mo should directly build a copper smelting plant in Drake and produce anode copper (blister copper) before going overseas.
, but the key is that Cao Mo doesn’t have that much money...
The last stop of this trip was naturally Peimei. In the early stage, staff from Xinhai Gold and Sun Hung Investment had come over to do a lot of work. Qian Wenhan and Zhou Shenhe made this trip in person, and the wishes of both parties were almost clear.
Qian Wenhan hoped that Cao Mo would directly inject the US$30 million he loaned to the Gulf of Guinea Shipping and Mining Company, and then his Xinhong Investment would acquire 35% of the Gulf of Guinea Shipping and Mining Company from Tianyue Investment.
of shares.
The advantage of this is that transactions can be completed domestically, eliminating the cumbersome procedures for cross-border capital flows and foreign capital investment approvals.
The purchase price offered by Qian Wenhan was even slightly higher than the original agreement with New Steel Alliance.
Zhou Shenhe now also understood why Cao Mo was so vague about his cooperation on the Wusang River copper-gold mine project.
At this stage, he does not expect to be able to negotiate cooperation on this project. For both parties, the uncertain factors are too great. At least until the C2 level reserve assessment results are released after the year, there will be a basis for negotiation. He currently wants to cooperate.
, that is, selecting one or two projects from several gold mines owned by Ibogu Mining.
Cao Mo thought about it and decided to transfer the Fanie River gold mine project in the Mangba area directly to Xinhai Gold.
But it’s not that the Fannie River gold mine project with proven gold reserves of 800,000 ounces is not good, or that there are other uncontrollable factors.
Cao Mo mainly considered that if Zhou Shenhe gave up 20% or 30% of his equity in the Oguta gold mine project, which he was more optimistic about, Xinhai Gold would be more inclined to regard it as a financial investment in the short term.
This is not what Cao Mo needs to see.
Cao Mo hopes that Xinhai Gold will directly intervene in West Africa. He especially hopes that Xinhai Gold can independently develop the Fanie River gold mine so that Xinhai Gold can establish close ties with the local forces in Akwa in addition to them.
Down, they will be able to penetrate stronger influence on Akwa.
In addition, the Fanie River Gold Mine is located in the Mangba area, which is located in the same area as the Mangba Iron Mine, the final target of the New Steel Alliance. At present, only if Xinhai Gold is strongly involved, the pressure on Cao Mo will be slightly lighter.
Some.
But Cao Mo was not worried that Zhou Shenhe would wear the same pants as Yu Jinjie, Han Shaorong and others one day.
In addition to the grievances between Ge Jun and Han Shaorong, Zhou Shenhe, Qian Wenhan and Han Shaorong also had deep quarrels.
As the helmsman of Xinhai Gold, Zhou Shenhe only holds 3% of the shares. Han Shaorong once regarded Xinhai Gold as a new prey in the securities market. In order to control the stock price of Xinhai Gold, he once used tricks to remove Zhou Shenhe from the stock market.
He will continue to serve as the chairman of Xinhai Gold Industry.
In the end, it was Qian Wenhan who joined forces with other natural person shareholders to exert pressure on the Shangyu District Government, so that Han Shaorong's plot could not succeed, but the grudge was settled...