Before the Municipal Bureau Economic Investigation Corps finally withdrew the case, Zhou Han was still restricted from leaving the country, and Cao Mo had no intention of returning to Africa in a hurry, so he arranged for Chen Feng to bring the information of the Gulf of Guinea shipping and mining companies to Qian Wenhan.

In order to promote the cooperation with Xinganglian, Cao Mo not only merged the two companies of Gulf of Guinea Shipping and Mining Investment and Trade into one company, and transferred 70% of the equity held by him to Tianyue Investment, but also hired a third-party accounting firm to audit the assets and business of the Gulf of Guinea Shipping and Mining Company.

What are the materials, are quite complete, the third-party accounting firm hired by the new steel union is also well-known in Xinhai, mainly serving listed companies, and the reputation and professionalism are worth guaranteeing——

Qian Wenhan agreed with Cao Mo to go to Africa, but the focus of his investigation will not fall on the shipping and mining companies in the Gulf of Guinea, and he mainly wants to experience the current overall investment and development environment in Africa.

As for the cooperation negotiation and risk assessment of specific projects, his own professional team of Sun Hung Investment is responsible for it.

After preliminarily studying the materials, Qian Wenhan also sent people to Kanem together with Chen Feng to inspect the business operations of the Gulf of Guinea shipping and mining companies, and Xinhai Gold also sent people to Akwa to discuss exploration business cooperation.

It was not until the beginning of August that the Economic Investigation Corps of the Municipal Bureau officially revoked the investigation of the Thai-Chinese commercial draft fraud case, and Zhou Han regained his passport, and the matter was settled.

After a short period of trading, the new steel union suspended trading again in early August to discuss the fourth share division reform plan, and the stock price was still suppressed at a low point.

Wood Elephant Capital initially invested 20 million funds and has a floating profit of 5 million, but no one can predict how long the suspension of the new steel union will drag on, and whether the new steel union can come up with a real equity division reform plan that meets the needs of many parties to be approved, and no one can predict how long this bull market will last.

Therefore, the floating profit of three or five million does not have any meaning, and Cao Mo is more concerned about raising the price of Yu Jinjie and Han Shaorong to buy state-owned shares as much as possible, and disgusting them with a tooth for a tooth.

After "5.30", the securities market experienced a deep adjustment of up to one and a half months, and in mid-to-late July, it started a violent rally again, and hit a new high in just two weeks of trading days; Wood Elephant Capital still has more than 20 million funds in its hands, and it has made more abundant gains during this period, and the key is to cash in profits at any time.

Of course, Cao Mo didn't have the energy to pay attention to these things, and he didn't even rush to take Jiaying to meet Ge Jun.

In any case, Jiaying is still a beginner, no matter how high her understanding is, but in this field where the killing is more tragic and involves more complex knowledge, in Cao Mo's opinion, she is not qualified to have a direct dialogue with a character like Ge Jun for the time being.

It is still necessary to give Jiaying more time to explore and grow independently.

In addition to a 30% stake in Huamao Investment and a 10% stake in Taihua Group, the newly registered joint venture company used by Xinganglian to acquire the Catelo Iron and Steel Works will eventually include a 10% stake held by Liang Yuan, and the management team of the joint venture company is entirely formed by Xinganglian, and in early August it also formally signed a total of 150 million US dollars acquisition and capital increase agreement with the Oyo state government - these people finally smelled like each other and hugged each other.

The scale of the cooperation agreement signed by Cao Mo and Xinhai Gold in early August is not worth mentioning, and the cooperation between the two sides is mainly the operation contracting of four 400-meter-deep exploration wells on the east bank of the Wusang River and the evaluation of C2 reserves in the mining area, with a total amount of only 3 million US dollars.

Moreover, this is still the amount to be paid by Yibogu Mining Group to 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 a warehouse on the east bank of Zhiyun Lake and transform it into the headquarters of Tianyue Investment.

With a total office area of less than 7,000 square meters, it is planned to invest 20 million yuan in renovation funds, and it will be put into use by the end of the year.

Cao Mo was no longer so short of money at this time.

After four months of continuous construction and rectification, the acquisition of Beiku Cement Plant and Xintaihua Grinding Station was officially put into operation in July, and the production capacity of Conero Cement officially exceeded 2 million tons, making it the largest cement producer in the western coastal area of Kanem.

A considerable part of the new production capacity of Conero Cement is sold to Benin and Akwa, which does not affect the finished cement market in Kanem, especially Draculamo and the surrounding coastal areas, and still maintains quite pleasant profit margins.

The completion of construction in early June of two rock gold mining areas previously invested by Ibogu Mining in Ibogu and Oguta increased the monthly gold production of Ibogu Mining to 30,000 ounces following the merger of Stru Gold Mining Company's Naie mine in Benin.

After more than half a year of adjustment, the international gold price returned to the range of $650 to $700 per ounce in early June.

Cao Mo's capital pool, which has dried up for four or five months, is now considered to have recovered its blood, and it is natural to be a little more relaxed in the construction of the headquarters of the domestic parent company.

Tianyue Industry's design and development center has come up with two engineering prototypes, which is the most critical first step from CAD drawing design, but this is only the first step, there is a lot of testing and tuning work to be done, and when the first complete model is come out, the follow-up batch production also needs a process.

Production can make full use of the domestic motorcycle industry chain has already matured for OEM, without the need to use a lot of money to build a production base, for the time being, the West African motorcycle market up to 15 million net profit per month, is enough to support the current stage of product development.

Xu Bin and Huang Yijiang even intend to make more technical reserves, and Xu Bin is mainly negotiating with Huachen Industry about OEM production.

Huachen Industry's share price has performed quite well recently, and after the full circulation plan of state-owned legal person shares was passed, the stock price has more than tripled, but the main business situation is very miserable.

Pickup trucks are included in the management of freight vehicles in China, and the traffic on urban roads is strictly restricted, and there is almost no sales in China, which is mainly supported by the limited sales of more than 10,000 units per year in overseas markets;

The domestic low-end motorcycle market continues to shrink, resulting in a fierce market fight, and the overseas market is slightly brighter, but in the first half of the year, it contributed hundreds of millions of profits, and it can't make up for the black hole caused by domestic losses.

Of course, Huachen Industry has accumulated a solid foundation in the early years, and its main business is losing money every year, but in recent years, it has made considerable gains in the development of industrial parks, real estate and commercial buildings, as well as some industrial equity investments.

It is no wonder that the senior management of Huachen Industry increasingly despises the investment in product development of the main business, and puts their energy on the operation of the side business.

Cao Mo's mentality is not in a hurry.

It will be a long-term process for the Wusan River copper-gold mine to invest in the construction of a production capacity suitable for the reserves, and the amount of capital required is also extremely large, with an investment of more than 100 million US dollars, and only some paving foundation work can be done.

Even though Qian Wenhan and Xinhai Gold both showed their willingness to cooperate urgently, Cao Mo was still not in a hurry.

It's not that he doesn't want to cooperate, it's really that there is no way to negotiate the price at this stage.

For example, Cao Mo accepted the capital injection of the Wusanghe copper-gold mine project alone, and promised to let Qian Wenhan and Xinhai Gold inject 300 million US dollars into it and take away 30% of the shares, are they willing to do it?

If you can't talk about it, then don't talk about it for the time being, because if you are too eager, it will easily hurt your feelings and destroy the foundation of future cooperation.

............

............

In mid-August, Shinkai is in the hottest season of the year, and the sun is scorching for several days.

When Zhou Shenhe also handled domestic affairs and completed the formalities for going abroad, Cao Mo and Shen Ji accompanied Qian Wenhan, Zhou Shenhe and others on a journey to West Africa.

It was also the technicians of the Xinhai Gold Geology and Mineral Exploration Institute who took the opportunity of cooperation negotiations to inspect the Drake area for a month before Zhou Shenhe finally decided to personally accompany Qian Wenhan on this trip.

The technical staff of Xinhai Gold Industry communicated with Amududi face-to-face, and also explored and studied the existing exploration results on the east bank of the Wusang River, and a batch of ore samples were sent back to China for analysis, and they were all inclined to the possibility of porphyry overall mineralization.

In addition to the possible super copper-gold mines in the eastern part of the Usan River, the Drake region and other parts of Akwa are also extremely rich in gold resources, and Ibogu Mining has also acquired two additional gold mines in Akwa, the Emerald Mountain and the Farne River.

These two gold mines are deep rock gold mines with high mining costs, with proven reserves of 3 million ounces and a gold grade of about 2 grams per tonne, which is not a good mine, but Zhou Shenhe believes that with the development of the electronic information industry and the intensification of international disputes, gold will also have a wave of sharp rise.

The rapid expansion of Xinhai Gold in recent years, and the increase of overseas prospecting and acquisition power, are also based on the cognition of him and other management of Xinhai Gold and many shareholders.

At present, looking at the five gold mines in the hands of Yibogu Mining, the profit margin is not high, but as long as a new round of gold market can come in time, the profit scale will grow rapidly under the condition that the production capacity remains unchanged.

There is no way to talk about the cooperation of the Wusanghe copper-gold project in depth for the time being, but for the gold mine project with clear reserves, Zhou Shenhe believes that it can still be discussed.

The long-term turnaround was exhausting, but the freshness of coming to a foreign land for the first time still made Qian Wenhan, Zhou Shenhe and the accompanying staff feel quite excited.

Draculamo has a modern and fashionable side, mainly concentrated on the islands of Salt Lake, Victoria and Ikoi, while the three islands are surrounded by chaos and poverty that is unimaginable in the country.

Cao Mo and the others did not stay in Draculamo, but after meeting with the officials of 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 being comparable to the emerging industrial towns in China, but they can also be said to have begun to take shape.

In addition to the main production capacity of Conero Cement, the new refinery of Ibogu Mining and the Tianyue Industrial Assembly Plant located along the shores of Conero Lake, the construction part of several projects of Taihua has also entered the final stage, and the installation and commissioning of production line equipment are currently underway.

In addition, hundreds of small and medium-sized processing enterprises have settled in the two industrial parks.

More than 80 percent of these small and medium-sized processing enterprises are Chinese-funded enterprises, and there are thousands of business owners, domestic management and Chinese employees, which is the most densely populated area in West Africa.

What Cao Mo has done in Kanem in recent years, no one will be gullible, only when he comes to Conero Lake Industrial Park can he have a personal experience.

Although the investment scale of the Taihua Industrial Park is not smaller than that of the North Shore, Lu Jianchao, Lu Yan, Huang Hebin and other senior executives of Taihua abandoned the dispatched employees, causing the dispatched employees to fall into the siege of the gangsters, and finally Cao Mo took action to relieve the siege.

Even Ma Bin, who looked at Cao Mo unpleasantly in the early days, decided to invest in the construction of a wood processing factory in Kanem, and finally chose to settle in the Conero Lake Industrial Park.

The first phase of the Chinese community, which can only accommodate more than 800 people, was built on the north side of the Lakeside House Hotel, and has long been rented out - although the Taihua Industrial Park also has supporting living areas, nearly half of the Chinese businessmen and dispatched employees who settled in the Taihua Industrial Park in the early days would rather travel an extra eight or nine kilometers a day to live in the Chinese community here.

In the Lake Conero Industrial Park, in addition to contacting Chinese businessmen in Kanem, Cao Mo also made a special trip to hold an inauguration ceremony for the inauguration of the 10,000-ton wharf on the north shore, inviting Niz Oppenheimer, Rupert, Brahm, Blake, Ojosan, Sanchez and others.

In this way, it is convenient for Qian Wenhan, Zhou Shenhe and others to meet with them in a centralized manner.

Niz Oppenheimer finally chose neutrality, and Cao Mo pretended not to see what he had secretly plotted with the Lu family at this stage, and the two sides maintained a superficial harmony.

After a three-day stay in Longta, he rushed to Podonov, the head of Benin, to visit the Oguta plantation under development there and the first phase of the Oguta mine, which has just been built and put into operation.

Ibogu Mining has acquired a total of 1,000 square kilometers of gold prospecting rights in Oguta, with current proven reserves of 900,000 ounces and C2 reserves estimated at 5 million ounces, which is much larger than the Ibogu gold mine, almost equal to the combined reserves of the three gold mines of the Fagne, Emerald Hill and Nai'e.

At present, the investment in the mining area is only 20 million US dollars, and the mining scale is seriously insufficient, and the subsequent investment needs to be increased to 40 million to 60 million US dollars in order to give full play to the benefits of the Oguta gold mine.

Benin's Naie mining area still needs tens of millions of dollars to upgrade machinery and equipment, while the two gold mines on the Fanie River in the Akwa Mamba region and the Emerald Mountain in Primorsky Province, Ibogu Mining has just obtained mining rights from the Akwa authorities, and has only used a small amount of money to make preliminary preparations for the time being.

At present, Cao Mo's capital pool has begun to recover, but he still lacks funds if he wants to sit firmly on the plate he has occupied in the past few years, and then continuously convert it into profits, not to mention the bottomless pit of the Wusan River copper and gold mine.

The final stop of the expedition is Drake, where the exploration team of Xinhai Gold has entered the site and is ready to start the exploration work for the C2 reserve assessment.

The construction here is very fast, the main body of the small hydropower station in the upper reaches of the Wusan River, the new freight station, the infrastructure of the concentrator site have been completed or nearing completion, and the next step is the entry of various machinery and facilities, installation and commissioning, as well as the recruitment and training of employees.

Cao Mo's goal is to carry out trial production before the end of the year.

In order to save transportation costs, the copper concentrate will be transferred to the port of Draculamo, and if all goes well, the first shipment of copper concentrate can be transported to the copper smelter acquired by Xinhai Gold Mine in western Zhejiang after the Spring Festival next year.

There is nothing difficult for both parties to sign such a supply agreement.

The pricing mechanism for copper concentrate is transparent, and there are more than 100 large and medium-sized copper smelters around the world, more than half of which have to source ore globally – if Cao Mo hadn't tried to reduce costs as much as possible, he would have been able to ship the mined copper concentrate to the port of Pemei and sell it to the influx of ore traders.

Even at a time 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 at Drake.

In fact, in order to really squeeze transportation costs to a minimum and enjoy the tax incentives of the Akwa authorities on the export of industrial products, Cao Mo should build a copper smelter directly in Drake and then go to sea after producing anode copper (blister copper), but the key is that Cao Mo does not have so much money in his hands......

The last stop of this trip is naturally Peimei, in the early stage, Xinhai Gold and Xinhong Investment have staff come to do a lot of work, Qian Wenhan and Zhou Shenhe personally went on this trip, and the wishes of both sides are almost clear.

Qian Wenhan hoped that Cao Mo would lend him US$30 million to the Gulf of Guinea Shipping and Mining Company, inject capital directly into it, and then his Sun Hung Investment would buy a 35% stake in the Gulf of Guinea Shipping and Mining Company from Tianyue Investment.

The advantage of this is that the transaction can be completed domestically, eliminating the need for cross-border capital flows and the cumbersome procedures for approving foreign capital investments.

The purchase price offered by Qian Wenhan was even slightly higher than the original agreement with the New Iron and Steel Union.

Zhou Shenhe is now clear about why Cao Mo was vague about his cooperation on the Wusanghe copper-gold project.

He does not expect to be able to negotiate cooperation on this project at this stage, for both parties, the uncertain factors are too great, at least until the results of the C2 reserve assessment are released after the year, there is no basis for negotiation, and the current cooperation is to select one or two projects in several gold mines under the Ibogu Mining.

After some consideration, Cao Mo decided to transfer the Fagne River Gold Mine project in the Mangba area directly to Xinhai Gold.

But it's not that the Fagne River gold project, which has proven gold reserves of 800,000 ounces, is not fragrant, or there are other uncontrollable factors.

Cao Mo mainly considered that if Zhou Shenhe's more optimistic Oguta gold mine project cedes 20% or 30% of the equity, Xinhai Gold will be more inclined to see 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, and he especially hopes that Xinhai Gold will develop the Fagne River gold mine alone, so that Xinhai Gold can establish close ties with the local forces of Akwa alone, in addition to them.

In addition, the Fagne 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 Xingang Alliance.

Cao Mo is not worried that Zhou Shenhe will one day wear the same pants as Yu Jinjie and Han Shaorong.

In addition to the grievances between Ge Jun and Han Shaorong, Zhou Shenhe, Qian Wenhan and Han Shaorong also have a deep holiday.

Zhou Shenhe, as the helmsman of Xinhai Bullion, personally holds only 3% of the shares, Han Shaorong once regarded Xinhai Bullion as a new prey in the securities market, and in order to facilitate the internal and external cooperation to manipulate the stock price of Xinhai Bullion, he once used means to get Zhou Shenhe out of the position of chairman of Xinhai Bullion.

In the end, it was Qian Wenhan and other natural person shareholders who put pressure on the Shangyu District Government, so that Han Shaorong's plot did not succeed, but the grievances were settled......