Rebirth 2006, creating a super consortium

Are mining areas with proven reserves valuable?

Due to the influence of various factors, there is no unified method of measuring value in the mining industry.

However, there is a generally accepted saying in the mining industry, that is, mining areas with proven reserves are in an awkward stage where they are both valuable and worthless.

If you take a step forward, you will reap countless monetary rewards, but if you take a step back, it will be worthless!

And the reason for the embarrassment lies further here!

why?

Because mining construction is so damn expensive!

First of all, it should be made clear that mining area construction does not mean building the infrastructure of a mine, and then pulling the mining equipment to the mine to start mining and make a lot of money!

On the contrary, this is the easiest stage of mine construction!

What was the most difficult stage?

Construction of transportation network!

After the ore is mined, it must be transported to the end customers, right?

Therefore, railway networks and seaports have become indispensable components of mining area construction!

Friendly reminder: don't take it for granted that the Chinese government provides mining companies with supporting transportation networks in order to attract investment.

In fact, in other countries, mining companies have to spend money on these themselves!

Building a complete transportation network would cost hundreds of millions or even billions of dollars!

This really tests the financing capabilities of mining companies!

Moreover, mining construction not only requires a lot of money, but also faces various risks!

The most prominent ones are irresistible risks such as environmental protection and political changes!

If a mining company encounters related risks during the construction phase of a mine, it would be ok if it could do public relations. At most it would just cost a little more money!

But if public relations cannot be done, it means that the huge initial investment of the mining company will be completely wasted!

As a veteran in the mining industry, how could Andrew Forrest not understand the twists and turns involved?

On the contrary, it is precisely because I understand it too well that I cannot refute the statement that An Xin is worthless!

Although he couldn't refute it, it didn't mean that Andrew Forrest didn't have other ideas. He just spread his hands and said, "Mr. An, if you can't make up for the funding gap of Duanyun Mining District, then your 25% FMG shares are really worthless!"

"Of course, there is another possibility. That is, after I find funds from other channels, I will kick you out of the FMG board of directors!"

"Oh?"

An Xin squinted at Andrew Forrester and asked calmly, "Are you threatening me?"

Andrew Forrest shrugged indifferently and said, "Mr. An, I'm just telling you the truth. If you don't want your investment to fail or be kicked out of the FMG board, then you must support my proposal!"

An Xin looked at Andrew Forrest as if he were an idiot, and slowly said, "Mr. Forrest, a friendly reminder, you can't afford to kick me out of the FMG board of directors!"

Andrew Forrest said nonchalantly: "Mr. An, this is just business, there is no consequence that you cannot afford!"

An Xin shook her head and said mercilessly, "Mr. Forrest, if you kick me out of the FMG board of directors, then FMG won't be able to enter the Chinese market even for 1 gram of iron ore!"

"wtf?!"

Andrew Forrest's eyes widened, his whole face filled with shock!

An Xin stopped smiling, stared at Andrew Forrest with deep eyes, and said coldly: "FMG's end customer base is all Chinese companies. Do you know what this means?"

"It means that the end customer base you have worked so hard for three years can be abandoned by me with just one phone call!"

"Then you can die with fmg in your arms!"

"Oh, no, if that really happens, I believe the other FMG shareholders would be happy to put a bullet in your head in exchange for my forgiveness."

"Mr. Forrest, do you want to try it?"

Does Anxin have this ability?

To be honest, no!

But there is one in Zhaode, the capital city!

If the two sides were to fall out, An Xin really wouldn't mind spending some money to have Jingcheng Zhaode organize a grand funeral for fmg!

At this time, Andrew Forrest finally realized that An Xin's identity was not simple!

As a person who is well versed in the ways of capital, he certainly understands that if FMG is really abandoned by its end customer base, then the other shareholders of FMG really wouldn't mind shooting him in the head in exchange for peace of mind and forgiveness!

"Ahem!" Andrew Forrest cleared his throat and said with a smile on his face, "Mr. An, I was just joking just now. How could I abandon my closest shareholder friend?"

"Impossible, absolutely impossible!"

6!

Although Mr. Andrew Forrest has not yet become a top capitalist, he already has the demeanor of a top capitalist!

An Xin shook her head slightly speechlessly, then looked at Andrew Forrest with a smile and said, "It seems that Mr. Forrest is a smart man. That's good. I like dealing with smart people the most!"

Andrew Forrest nodded his head: "Mr. An is right, everyone likes to deal with smart people, and I am a smart person!"

"But Mr. An, we have to solve the FMG funding gap problem eventually, right?"

An Xin spread her hands and said, "It's true that FMG's funding gap must be resolved eventually, but what price is Mr. Forrest willing to pay?"

"By the way, please don't ever mention the joke of $10 billion in financing again!"

After hearing An Xin's teasing, Andrew Forrest smiled awkwardly.

After thinking for a moment, Andrew Forrest gritted his teeth and put forward his proposal: "Mr. An, a $5 million private placement + $5 million in high-interest bonds!"

"The price of the private placement can be reduced by 10% based on the real-time stock price!"

"For a $5 million bond, with a five-year term and an annual interest rate of 5%!"

"Of course, we need to sign an additional agreement, that is, FMG must continue to move forward under my leadership!"

To be honest, the proposal put forward by Andrew Forrest is not bad.

If you agree to this plan, you will directly become the largest shareholder and largest creditor of FMG!

But don't forget, Andrew Forrest has an additional deal!

This additional agreement determines that even if one invests US$10 billion, one will only be a mere investor and cannot participate in the operation of the company!

If you can only be a major shareholder who reaps profits but cannot participate in the management of the business, what is the point of investing?

If you want to make a lot of money, there are plenty of channels, you don’t need to invest in fmg at all!

This is completely contrary to the goal of peace of mind!

An Xin is eyeing FMG only because he sees the unparalleled influence that FMG will bring after its growth!

Now, Andrew Forrest is going to take away this influence, so what’s the point of voting!

After thinking it through, An Xin shook her head and said, "Mr. Forrest, if it's just a simple financial investment, then there's no need for us to talk about it!"

"Why?"

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