Resource Tycoon Reborn

Chapter seven hundred and twenty fourth twelve pounds

Moreover, Huaxia Aluminum Co., Ltd., which has a state-owned background, wants to join the board of directors of Rio Tinto Group. This will cause a lot of troubles. Previously, they only revealed an intention, and there are already people in Australia trying to take advantage of Huaxia Aluminum Co., Ltd.

The background of state-owned assets is important. Just getting approval from relevant Australian departments is a troublesome matter. But Haiping Mining Company is different. It is a private enterprise. It is a foreign-funded enterprise established in Australia and has a background of European capital. Just this alone

With these three items, Haiping Mining Company has surpassed Huaxia Aluminum Co., Ltd. by a few blocks! It is also a company owned by Fang Mingyuan, and its partners include Aselock Group Company and Liaoning Iron and Steel Group Company. Its steel production capacity ranks among the top in the world.

The Rio Tinto Group has now reached rock bottom. If someone must take over, the shareholders of the Rio Tinto Group naturally hope that a strong person can take over the company and can bring the company back on the right track.

Fang Mingyuan undoubtedly met their requirements.

Moreover, Popovich still has strong confidence in the future of Rio Tinto Group Company. Rio Tinto Group Company is really unlucky to this day, first affected by the forced acquisition by BHP Billiton Group Company, and later due to the outbreak of the global epidemic.

The economic crisis is not a fatal mistake in the company's operations. As long as it can survive this period, he still believes that Rio Tinto Group will be able to rebuild its glory. He hopes to get strong support from Haiping Mining Company, so that

His shaky chairmanship was stabilized again.

When Xia Wen's car drove into the door of the Rio Tinto Group's Australian headquarters building, a total of five members of the Rio Tinto Group's board of directors, headed by Popovich, greeted him in front of the building. Such treatment

, although Xia Wen had been mentally prepared for a long time, he still felt a little flattered. A few years ago, if he came here, it would be good if a director could meet him in person. At that time, Haiping Mining Company and Rio Tinto Group Company,

Not on the same level at all.

"Chairman Popovich, oh, President Westbrook, I didn't expect you are all in Australia now." Xia Wen shook hands with the directors one by one and asked with a smile, "I thought one of you would be in charge in the UK.

.”

Popovich smiled bitterly and said: "With so many things going on in the company recently, how can he sit in London?" People are about to be kicked out, so how can he manage so much?

"I have also heard about the Simandou Iron Mine in Guinea. I can only say that this is a common loss for everyone."

The dumb loss Rio Tinto Group Company may have to bite the bullet. First of all, no matter how small Guinea is and its economic strength is not worth mentioning, it is still a country. If you want to develop the Simandou iron ore in Guinea, you must get the approval of the local government.

Otherwise, even if it is developed, the iron ore will not be able to be shipped out in the future. Secondly, Rio Tinto Group Company is now too busy to take care of itself. How can it still have the energy to litigate with the Guinean government to regain the mining rights?

Popovich and the others were slightly happy. Xia Wen meant that he regarded himself as part of the Rio Tinto Group!

Although Xia Wen's arrival was not followed by any Australian media reporters, Rio Tinto Group also has its own publicity department, so naturally someone is responsible for filming and recording the entire process. Under the diligent guidance of Popovich and others, Xia Wen and others came

Arriving at the small conference room in the chairman's office, everyone sat down separately.

"Chairman Popovich, gentlemen, to be honest, when I learned about the Simandou Iron Mine in Guinea, I thought about postponing our meeting because it was at this time to discuss Haiping Mining Company's shareholding.

The matters related to your company seem to be adding salt to your wounds. But in that case, I am afraid that we will not meet again for detailed discussions until at least a week later. Because the company has some matters, I have to go back to China. That way

If so, I'm worried that something unexpected will happen again during this week. So in the end, I decided to come to visit your company as planned." Xia Wen said seriously.

Popovich and others are feeling bitter. The share price of Rio Tinto Group has exceeded the mark of ten pounds per share on the stock market, but it is still declining with no sign of stopping. Don't look at them sitting there.

Here, their faces remain calm, but in fact their hearts are dripping with blood all the time. Although the price of the stock is only the book value, if you don't sell it for exchange, no matter how much money it is worth, it will still be worthless in many cases.

It’s just a flower in the water, a moon in the mirror. However, the market value of stocks is very useful in many cases, because it is related to the amount of mortgage loans they can use their shares to the bank!

The directors of the Rio Tinto Group have also received a share of the huge profits from Rio Tinto Group's profits in the past few years. Naturally, they would not just leave their money in the bank to earn interest, and they have also invested in a lot of other investments.

There are many companies, including those that have mortgaged their shares in Rio Tinto Group Co., Ltd. with banks. When the economic crisis comes, there are very few companies that are not affected. They are now in a dilemma. Stabilize the stock price and let it start to rise.

, it doesn’t matter even if the speed is slower, but it must not continue to fall like this! This is the common aspiration of many directors, because if this continues, I am afraid someone will face personal bankruptcy and the shares will be taken away by the bank.

danger!

"The president of Guinea passed away a few days ago. We did not expect that before the body of the former president was buried, a military coup would occur in Guinea and such an unbelievable decision would be made!" Popovich sighed, "It's still...

It caused my company’s stock price to plummet on the stock markets in both places. This is really... so speechless!"

After a few casual remarks, Xia Wen quickly got back to the point: "Chairman Popovich, our Haiping Mining Company notified you two days ago that we hope to participate in your company. I don't know what your company's board of directors holds on this."

Attitude? You are also old people in the industry. Everyone knows the basics. I will open the sky and speak out. The current situation of Rio Tinto Group no longer allows everyone to talk about the conditions again and again. If we continue to let the stock price fall,

If this continues, the losses to the company and shareholders will be staggering."

"President Xia, due to the forcible withdrawal of the mining rights of the Simandou iron ore in Guinea, the company's board of directors has not thoroughly discussed this matter." Popovich said with some embarrassment, "However, these directors here are all

We welcome emerging forces like Haiping Mining Company to join the company's board of directors and bring new vitality to the company! But... I don't know how Haiping Mining Company plans to become a shareholder?"

"Haiping Mining Company intends to acquire 6% to 8% of Rio Tinto Group's shares at a price of twelve pounds per share. There must be representatives of Haiping Mining Company on the board of directors." Xia Wen said straight to the point. Popovich and others

The person blinked blankly. With 6% to 8% of the shares, he was already one of the top five shareholders in the Rio Tinto Group. Haiping Mining Company should have a seat on the board of directors. I don’t understand.

Why did Wen Wen solemnly bring it up and emphasize it? In fact, Xia Wen didn't understand why Fang Mingyuan specifically reminded him of this issue many times when explaining to him. Since the big boss had repeatedly emphasized it, of course he also

Just follow the gourd and draw the scoop.

"Twelve pounds per share, this price is too low and does not reflect the true asset level of our Rio Tinto Group Company." Westbrook was the first to object.

"Mr. Westbrook, I believe that if I go to the two stock markets to purchase Rio Tinto Group shares at this price, there will be many shareholders willing to sell their shares to me at this price. Moreover, Haiping

Once the news of the mining company's equity participation in Rio Tinto Group Company spreads out, Rio Tinto Group Company's stock price will not only stabilize, but will definitely rebound significantly. Fang Shao's name can be used as funds in many cases.

,I think we will save a lot of money.”

The faces of Popovich and others were dim. Fang Mingyuan is currently busy handling the affairs of Burj Khalifa World Company in the Emirate of Dubai. This is not a secret among the upper class, and they all know that Fan Mingyuan's efforts have begun.

As a result, at least in the short term, Burj Khalifa World Company will no longer have to do anything because of pressing debts. Just the acquisition of shares by Hong Kong's Pavicon Investment Company has already caused the creditors of Burj Khalifa World Company to

They decided to extend its debt and give it more time to reorganize the company. From a certain perspective, Rio Tinto Group Company is actually very similar to the previous Burj Khalifa World Company in that the future prospects of the company should be

Yes, but excessive debt pressure, as well as the sudden financial crisis and economic crisis, pushed them from the peak of everyone's love to the abyss of almost overturning. Today's Burj Khalifa World Company can be said to have gone through the most difficult period.

It is a difficult period, and it is hard to say whether Rio Tinto Group Co., Ltd. can survive it smoothly.

Moreover, they had to admit that Xia Wen was right. The name Fang Mingyuan itself already has magic power in today's capital market. The companies and projects he is optimistic about will gain the favor and favor of more investors.

Attention will even attract capital to join. Some people have privately called him the "new generation of Buffett". If he chooses Rio Tinto Group, he will definitely give the existing shareholders of Rio Tinto Group,

Great confidence. Moreover, with the participation of Fang Mingyuan, it can at least be guaranteed that Rio Tinto Group, Brazil's Vale Company, and BHP Billiton Group will be in a comparatively advantageous position when competing in the Chinese market.

Liao Provincial Iron and Steel Group, a private enterprise that was established only more than ten years ago, now has a say in China's steel industry that no one can ignore, and Fang Mingyuan is its founder, no one! Although he has only one day

He has never been the direct person in charge of this group company, but his influence is unmatched by anyone!

"Actually, everyone is more optimistic about the Brazilian Vale Company or the BHP Billiton Group Company, but Mr. Fang chose you first, so we can only obey." Xia Wen said helplessly, "Although it is cheap to acquire your shares, the subsequent

There are more troubles. Forget it, let’s not talk about this. Twelve pounds per share, according to your company’s current share price, is at least a 20% premium. We feel that in this period, this price

It's already quite sincere. Oh, it's not just a 20% premium now." The news just came from his mobile phone. In the British stock market, Rio Tinto Group's share price has fallen below 9.

GBP per share.

Popovich and others looked at each other in confusion, while Westbrook had a grimace but said nothing. Popovich felt helpless. At this time, he had a feeling that others were fighting for their own good. That was when BHP Billiton announced that it would acquire the United States.

When Rio Tinto Group Company was established, they were not in such a dilemma as they are now. Such negotiations were too untechnical, right? It didn't look like they were deciding what percentage of the Rio Tinto Group Company's shares would be owned. It was more like those in TV dramas.

Residents are buying groceries!

“Mr.

"No, no, no, Chairman Popovich, don't get me wrong. I don't mean to urge you to make a decision. I'm just telling you the bottom line of our bid." Xia Wen smiled and said, "However, if you want to

If the news of Haiping Mining Company’s investment in Rio Tinto Group Company is used to stimulate the stock price, we will publicly deny it.”

"That's right, that's right!" Popovich said with a smile. It would be a lie to say that they didn't have any ideas.

"By the way, Mr. Fang said that if Haiping Mining Company becomes a shareholder of Rio Tinto Group Company, he can underwrite 30% of your iron ore backlog at 30% off the market price!"

Popovich and others couldn't help but be startled for a moment, and then everyone's breathing suddenly became heavier. Thirty percent of the iron ore backlog of Rio Tinto Group... Even at the current market price, it is still more

At a 30% discount, if it is sold, it will bring back almost more than 2 billion U.S. dollars! Although it is impossible to make any money at this price, with the income of more than 2 billion U.S. dollars, at least Rio Tinto Group

The company's liquidity will be even more abundant! (To be continued.)

...

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