Cao Mo said that he was returning to China for vacation, but when he returned to China, there were still a bunch of affairs waiting for him to make a decision, and now everyone tried their best to make up for him to return to China to talk about things, and countless things came over for a while.

The next morning, Cao Mo first went to the headquarters of Tianyue Investment, sorted out the domestic business during this time, and had to be busy and take time to have an office passion with Song Yuqing.

Song Yuqing doesn't like to show her head very much, Cao Mo pulled Xie Sipeng, Shen Ji, Chen Feng, Xu Bin and others to rush to Jinhonghui, Ding Zhaoqiang, Ge Jun, Zhou Shenhe and others were also pulled over by Qian Wenhan.

Qian Wenhan and Zhou Shenhe couldn't wait for Cao Mo to return to China.

Regarding the situation in Akwa, Cao Mo has communicated and contacted Qian Wenhan and Zhou Shenhe at any time, but the Saiweiyi family has not officially attacked the Yibogu Mining on the matter of the Wusan River copper and gold mine, so the whirlpool involved in the Wusang River copper and gold mine is very delicate, and it is difficult to explain it clearly in three words simply by phone or email.

Even on the surface, the Wusan River copper-gold mine is currently facing no problems, and after the completion of the first mine, it is very "healthy and stable" in operation.

More importantly, for fear of being eavesdropped or intercepted, Cao Mo will not talk about some secret and shady things in his phone calls and emails to Qian Wenhan and Zhou Shenhe.

In fact, even in person, Cao Mo would only talk to Qian Wenhan and Zhou Shenhe about his secret alliance with the moderate Kanter leader Asamo Gian, Juan Mantar, and the support plan for the descendants of the Kante colonists.

Ding Zhaoqiang and Ge Jun are not interested parties, and of course Cao Mo will not tell them all such a confidential matter.

But in any case, the crisis in Akwa can only be regarded as temporarily resolved, and it is difficult for Cao Mo to judge whether it will fight back more fiercely after the Saiweiyi family stabilizes the situation in Akwa.

As a result, the Wusan River Copper-Gold Mine is currently only maintaining the normal operation of the first mine, and the construction of the second and third mines has been suspended.

With the improvement of transportation between Peimei and Dahomey, Cao Mo also plans to move the branches of Ibogu Mining, Gulf of Guinea Shipping, Tianyue Industries, Conero Foods and other companies in Akwa from the capital Peimei to Dahomey, where the Kante people are overwhelmingly dominant in the south.

Cao Mo will also reduce the number of Chinese employees in Akwa as much as possible.

In the final analysis, it is strategic contempt and tactical attention, and these preparations are made to avoid being retaliated by the Saiweiyi family with more despicable and inferior means.

With the president of a country as an enemy, no matter how weak the country is, no matter how careful and vigilant it is, it is necessary to be more careful and vigilant.

Previously, when the situation was at its most delicate, Cao Mo and the top management of companies such as Ibogu Mining had been evacuated from Akwa for a while.

Of course, the good news is that the international gold futures price stabilized at a high of $11 million per ounce in the second half of '09, and even hit a high of $1,200 at one point.

Although the current monthly gold output is not as good as that of Xinhai Gold, the monthly net profit has quietly surpassed that of Xinhai Gold, reaching more than $40 million per month.

The key is not to count the Wusan River copper-gold mine, and the production capacity of Ibogu Mining is still in the process of being released steadily.

If the price of gold can remain unchanged, the monthly profit of Yibogu Mining will increase at a rate of one or two million US dollars per month in the next two years.

However, the price of gold cannot be stable and fluctuate at any time.

Ge Jun predicts that as more and more countries, including the United States, adopt more loose monetary and fiscal policies, and even currency depreciation to promote exports, it will become a competition between countries, which will usher in an unimaginable peak in international gold prices.

In other words, even if the crisis of the Wusan River copper-gold mine hangs in the air, Yibogu Mining is the largest and shining gold mine in Cao Mo's hands.

"The domestic tax on resource enterprises is too high, and Xinhai Gold can achieve a net profit of 3 billion yuan this year, which is already quite impressive - and even if the international gold price rises to 2,000 US dollars per ounce, it is difficult for Xinhai Gold to double its profits, but the profits of Yibogu Mining can be doubled several times, which is really incomparable!" Zhou Shenhe said with envy.

"The price-earnings ratio of Xinhai Gold is close to 30 times, and there are still many funds in the country that are sought after, can Yibogu Mining enjoy this price-earnings ratio? Who wants to take over Yibogu Mining, I don't need such a high price-earnings ratio, a 50% discount, I will sell all the shares to him now, and I don't have to worry about the complicated situation in the Gulf of Guinea in the future-I'm worried now, if I continue to worry about it, maybe by the time I am forty years old, this thick hair will fall like Lao Xie!" Cao Mo flicked the snow-like ashes of the cigar into the ashtray and said very "distressed".

"You have to show off your thick hair, you don't have to pull me out. Xie Sipeng said with a "grudge".

Everyone laughed.

Ibogu Mining will be able to make a net profit of 500 million US dollars in 09 years, and Poland, which does not consider the price of gold, is expected to make a profit of 600 million US dollars in 10 years, and 110 is expected to make a profit of 700 million US dollars.

If we really estimate the price-earnings ratio of 15 times, the market value of Yibogu Mining should be between 90 and 10 billion US dollars, and if it is calculated at 30 times, it will be far above the market value of Xinhai Gold.

However, there are pros and cons to things.

The political and economic immaturity of the West African region, and the exploitation of resources within its territory is still in a state of plundering by overseas capital, so the Ibogu mining can also enjoy ultra-low tax rates, but also because of the immaturity of the political economy, those investment capital cannot overestimate the value of the Ibogu mining.

The Usan copper-gold mine is a living example of this.

At present, the first mine has been successfully operated, and in 09, 200,000 tons of copper concentrate were sent to the smelting furnace of Xinhai Gold across the vast Atlantic, Indian and Pacific routes, creating an output value of nearly 400 million US dollars.

The Wusanghe copper-gold mine has not calculated any profit for the time being, mainly in order to depreciate the construction costs invested in the early stage as soon as possible.

This is also a form of self-protection from the precarious situation, and if the regular depreciation is accounted for, the profit margin of the Usan River copper-gold mine is much higher than that of other gold mining fields.

However, at this time in the territory of Akwa, with such a delicate situation with the president's family, how much is it appropriate to estimate the value of the copper-gold mines in the Usan River?

Who can guarantee that one day the Usan copper-gold mine will not be shamelessly taken away by the Saviyi family and the Evans Foundation?

Of course, one of the purposes of Cao Mo's return to meet Qian Wenchao and Zhou Shenhe this time was to discuss how to convert Xinhong Investment and Xinhai Gold's shareholding in Wusanghe Copper and Gold Mine into a shareholding in Yibogu Mining based on the principle of risk sharing.

The plan is similar to the private placement of listed companies.

Ibogu Mining is also currently registered as a company limited by shares, with a total of 100 million shares, although the registered price of each share is one dollar, but the actual value has nothing to do with the registered capital or even the net assets.

Excluding the pace of rapid expansion over the next two years, the value per share should be between $40 and $50 based on expected profit in '09 and a price-to-earnings ratio of 8 to 10 times.

If Qian Wenhan and Xinhai Gold agree to the share exchange, Yibogu Mining will add a part of the new shares at a suitable price, and acquire Xinhong Investment and Xinhai Gold's shareholding in the Wusanghe Copper and Gold Mine, and the share exchange will be directly completed, thus turning the huge risks faced by the Wusanghe Copper and Gold Mine at this time into a shared share by all the investors of Yibogu Mining.

"This is really a problem!" Qian Wenhan touched his head and said, "Xinhai Bullion, as a listed company, involves state-owned holdings, and the asset replacement procedure is too complicated. And the twists and turns are not all to say to the outside world, and Xinhai Bullion's share exchange action is more likely to arouse doubts from the outside world. Xinhong Investment's side, I personally can make a decision, and I know that you are purely out of good intentions, but I don't hide it from you, Xinhong Investment initially focused on the Wusang River copper and gold mine to hold shares, mainly because of the development of monomer minerals, the asset structure is simple, clear and clear, which brings great convenience to the subsequent equity transfer - or wait and see for another year, if the situation in Akwa is not clear after a year, I will be cheeky to take advantage of you. ”

Qian Wenhan's capital injection into the Wusanghe Copper and Gold Mine is mainly a financial investment, and does not directly interfere with the construction and operation of the mine.

The current mines of Ibogu Mining are all over the countries along the Gulf of Guinea, no matter how much profit there is every year, but it involves intricate political and economic relations, even if there is capital willing to take over the equity of Ibogu Mining, the value assessment will be very complicated.

"Okay, in terms of our friendship, of course this condition can be reserved for you for one year," Cao Mo said with a smile, "Of course, in the next year, in order to prevent the situation from being bad, the Wusan River Copper and Gold Mine will transfer as much depreciation as possible from Akwa, and there will be inevitable losses, I think everyone should share the losses with actual investment, and the supplementary agreement will be signed in the near future, so that you can't sleep well in the country to save old money......

He did his duty, and Qian Wenhan finally decided to continue to maintain his shareholding in the Wusanghe Copper and Gold Mine out of his considerations, and he naturally respected Qian Wenhan's wishes.

However, if the share swap is not completed within a year, and the Wusanghe Copper and Gold Mine suffers tragic losses, Cao Mo will be a bit of a scoundrel, and the depreciation and other investment costs that can be recovered can be liquidated with the actual shareholding ratio of Xinhong Investment and Xinhai Gold.

In this case, the investment principal that Xinhai Gold and Xinhong Investment can get back will be very limited, after all, the actual shareholding of the two companies in the Wusanghe copper and gold mine combined is only 16.7%.

However, Cao Mo promised to share the loss with actual investment, and signed an agreement for this purpose, no matter how much depreciation was accrued, no matter how much investment cost was recovered, as long as the liquidation was carried out, the two of them could almost share 40%, which could minimize the loss.

Cao Mo made such a promise and agreed to sign a supplementary agreement, in addition to morality and Qian Wenhan's practical help to the development of Tianyue in recent years, at the same time, it is still necessary to establish the letter in the domestic business community to pave the way for Tianyue's greater development in the future.

"With your words, then what am I worried about, if the current situation can drag on for a year and a half to two years, the initial investment can be accrued, right?" Qian Wenhan asked with a smile.

"At present, only 260 million US dollars have been proposed, and if the price of copper and gold futures does not change significantly in 10 years, another 230 million or 40 million US dollars can be withdrawn. Cao Mo said.

Hearing Cao Mo say this, Zhou Shenhe also relaxed.

By this time next year, a total of 500 million US dollars can be withdrawn, and even if the Wusan River copper and gold mine and its ancillary facilities and equipment are confiscated by the Akwa authorities, Xinhai Gold will be able to recover 100 million US dollars, which is a bearable loss.

If the situation can be maintained until the day after tomorrow, the principal can be recovered, and there is nothing to worry about.

Of course, if the crisis at the Usan copper-gold mine survives, the value of the equity will be completely different.

"As long as I don't lose all my money, I can still afford one or two projects to be unsuccessful," Qian Wenhan also smiled, "By the way, before you came over, Lao Ding said that you planned to integrate Dongsheng's palm oil business into Tianyue Industry, what is the situation?"

Sun Hung Investment also indirectly holds a 10% stake in Tianyue Industrial, and even if it promises not to interfere in specific operations, he is more concerned about whether Tianyue Industrial's future share price can be strongly supported.

There is less than a year to go, the equity acquisition fund lock-in will expire, whether this investment can have a very large return, or to see whether Cao Mo can effectively build the business structure of Tianyue Industrial, and put the truly valuable assets and main business into it.

The development prospects and potential of Conero Energy are very large, but the domestic capital does not recognize it.

Qian Wenhan also hopes that Cao Mo will put some assets and businesses that domestic capital is interested in.

"Shen Ji is unwilling to be a bare-bones commander in China, this matter was suggested by him, if you have anything to ask, just look for him. Cao Mo pushed the matter to Shen Ji very neatly, otherwise, he would be introducing various plans and proposals all day long, and it would be very tiring.

And Cao Mo can't be responsible for everything.

If you really want to integrate the domestic business of Conero Foods and Dongsheng's palm oil business into Tianyue Industry, Shen Ji will be specifically responsible for this part of the business in the future, so it is better to hand it over to him from beginning to end.

After Shen Ji went back yesterday, he also told Ding Zhaoqiang about this idea on the phone, but he carefully read it again at night, and at this time he told some of the details of his thinking.

On the one hand, the plantation assets on both sides will be integrated, and on the other hand, the palm oil rough extraction and refining, cocoa butter, cocoa bean refining, related import and export, and sales business will be integrated into the listed company Tianyue Industrial.

However, considering the continuity of the business, even if it is inconvenient for the overseas plantation assets to be directly loaded into the listed company Tianyue Industrial, it still accepts the guidance of the listed company in terms of business.

"Mr. Ding, what do you think?" After listening to Shen Ji's introduction, Cao Mo directly asked Ding Zhaoqiang's opinion.

"Wang Jianzhong, Li Qixi, Feng Rui, and several of them, their hearts have been taken away by you, I want to say I don't agree, I can only keep their bodies, but I can't keep their hearts!" Ding Zhaoqiang joked.

On the map of Dongsheng, real estate development has achieved the position of absolute center of gravity.

Two-thirds of the Ding family's 30 billion family assets are reflected in the market value of Dongsheng Real Estate, and Ding Zhaoqiang's personal energy is mainly focused on the real estate company.

Although Ding Zhaoqiang intends to let Shen Ji take charge of Dongsheng Group, in addition to Shen Ji's personal interests and energy being more inclined to Tianyue Industry, he also needs to consider that there is a group of veteran ministers who need to settle down.

The palm oil business and overseas plantations were originally developed by Shen Ji and integrated into Tianyue Industry, which can also be said to be the basic plate of Shen Ji at the helm of Tianyue Industry.

Besides, if it is integrated into Tianyue Industry, the Ding family will not get the cash and withdraw completely.

Dongsheng Holdings has participated in the acquisition of the mortgaged equity of Taihua Group before, indirectly holding 5% of the shares of Tianyue Industrial, and will appropriately expand its shareholding in Tianyue Industrial in the future.

The plantation assets were merged into one company, and the Ding family would not give up their holdings.

In the final analysis, it is a more efficient integration of non-focus assets and resources and integration into Tianyue Industrial, or his nephew Shen Ji is in charge, how can Ding Zhaoqiang refuse?

Cao Mo let Shen Ji be responsible for this matter, and Ding Zhaoqiang couldn't do anything, mainly to explain it to Qian Wenhan and Dongjiang Securities, which is responsible for organizing and supervising the equity acquisition trust fund.

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

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

Cao Mo rarely returned to China, there are too many things to communicate and transport, and it is not very suitable to stay in Jinhong to play cards in the afternoon.

If you really play cards, you don't know whether to play cards or talk about things.

It's not without reason that sports such as golf are sought after by the wealthy.

Spend a short swing to hit the ball out, then chase the ball between the greens on the golf course, take a walk, and have plenty of time to discuss things – if you're too lazy to walk, play on the driving range.

After eating at Jinhonghui, although the weather was cold, Ding Zhaoqiang, who liked to swing two strokes, suggested going to Jinchen to play ball.

Ding Zhaoqiang, Qian Wenhan, Ge Jun, and Zhou Shenhe all have complete sets of equipment, and even wear football uniforms and light sneakers as casual clothes every day, while Cao Mo returned to China, and yesterday he was cold enough, and today he honestly wears a heavy long down jacket.

He played with cars, guns, yachts, and occasionally a foreign horse in Kanem, but he didn't really get a chance to play golf.

There is a golf course on the outskirts of Draculamo, but it is mainly played by the top executives of foreign branches in Draculamo, as well as the top handful of wealthy dignitaries in Kanem.

Cao Mo has very little contact with these people, and he is not willing to come over.

Cao Mo can't play ball, so he won't have a psychological burden, and he won't feel that not changing a set of professional equipment on the court will hinder his performance.

"You wear this on the court, the level of our quasi-professional team is going to be pulled down by you from the appearance!" Seeing that Cao Mo was still wearing a bloated down jacket on the court, Ding Zhaoqiang, who was shortly dressed, joked.

"Look at my leather shoes, I deliberately changed them today, just to set off your identity and status - it's too troublesome, so I didn't wear a suit in it, but I didn't expect that leather shoes and suits are no longer popular in the domestic rich circle......" Cao Mo put his hand in his pocket and raised his feet in leather shoes to show Ding Zhaoqiang.

Cao Mo also ran blindly with a golf club.

Xinhai On the eve of New Year's Day, the temperature is already very low.

In the afternoon, the sun was shining, the breeze was blowing, and the body was still slightly hot when walking around the greens, but less than an hour after walking into the course, the weather suddenly became cloudy, and the north wind blew up, and the temperature dropped as soon as I saw it.

Ding Zhaoqiang and they supported for half an hour, but in the end they couldn't hold it anymore, and rushed to the hall of the stadium clubhouse in the unobstructed stadium battery car on all sides, freezing so cold that their snot was about to flow out.

Cao Mo laughed at them gloating in the hall: "Don't you think I'm lowering your grade now?"

The traffic in Shinkai City was worrisome, and everyone decided not to go to other venues in the evening, so they stayed at the stadium to eat.

There are also a variety of entertainment facilities in the stadium clubhouse, including high-end restaurants, cafes, chess and card rooms, gymnasiums, swimming pools, conference rooms, cigar rooms, etc., and sauna rooms are also standard.

In the cold wind freezes like this, in order to prevent colds, you also have to take a sauna to survive the garbage time before dinner, or you just get up at four o'clock in the afternoon, and you don't know what to do at this point.

Although the baths in the stadium are all separated pools, all of which are specially equipped with saunas, so you don't have to worry about mixing with strange guests, and it is possible to negotiate confidentiality, but there is no such thing as a bathhouse in Africa, and Cao Mo is not used to saunas.

On the days of the exchange of dry and rainy seasons in Africa, he can enjoy the free sauna service provided by nature every day, why should he go back to China to suffer this sin?

He changed into a bathrobe early, walked to the lounge with Chen Feng and Shen Ji to lie down, and admired the technician dressed as a flight attendant in the hall to solicit business.

Serving the wealthy class of Xinhai, these technicians are carefully selected, all of them are tall, fair-skinned and beautiful, but most of the guests who can consume on Jinchen's side are old and ugly, Cao Mo, Shen Ji, and Chen Feng walked into the rest hall, and the technicians took turns to sell the project with bright eyes.

"What is an ant on a tree?

Cao Mo had never been in a sauna in his life, and couldn't help but be curious to ask for advice from the three technicians who ran to them to sell the project, but after a while, he saw that under the guidance of the service staff, Liang Yuan accompanied Han Shaorong, Yu Jinjie and others from the sauna on the other side.

Looking at their appearance, it is estimated that they are also running Jinchen to prepare for playing, and when they saw the weather change, they directly changed to a sauna.

Seeing Cao Mo sitting curled up on the front side of the recliner, discussing technical issues with the technician with a serious face, Han Shaorong, Yu Jinjie, Liang Yuan and others were all stunned.

After all, Jinchen's sauna is not a special bathhouse, and the lounge is not big, Han Shaorong and the others either go directly to the dressing room to change their clothes and go to other facilities upstairs in the clubhouse, or they can only find a place to lie down and rest next to Cao Mo and them, in short, it is impossible to find a technician to go to the pavilion to learn skills.

"Young people should be temperate! Just pick one to play, just go back to China and find three at the same time, no matter how hungry and thirsty you are, you have to worry that your body will collapse." Han Shaorong sat down on the recliner behind Cao Mo and said sarcastically.

"Who calls me young and vigorous, a technician really can't satisfy me," Cao Mo sneered, and saw a technician's eyes flashing towards Han Shaorong in front of him, and asked the technician with a smile, "This old guy shouldn't play less here, does he have to take medicine every time to last for three or five minutes?" Don't be afraid, every time you answer my question, I can sign ten orders for you! And it's not a small order, it's just a project that this old guy comes to play every time, every time you answer a question to me, it's still counted as ten orders......

Although there are strict confidentiality requirements for various hobbies of guests, it is also exciting to answer a question and get a commission of five or six thousand - the technician blurted out and asked: "Really, answer one question and sign ten monofilaments?"

"Silk feet, it's only 1688, it's not much high-end!" Cao Mo flipped through the list of exquisitely printed projects with soft leather covers, and was about to read the project introduction with a smile.

"It's extremely boring!" Han Shaorong stood up with a dark face and walked straight to the dressing room.

"What are you guys laughing at?"

Ding Zhaoqiang, Qian Wenhan, Ge Jun, Zhou Shenhe and Xie Sipeng walked out of the sauna and saw Cao Mo smiling happily with Shen Ji and Chen Feng, and walked over and asked with a smile.

"We feel that Lao Xie will definitely indulge when he returns to China, and we have already inquired for him that the silk foot project here is good, and we are planning to recommend it to him. Cao Mo joked.

"Don't always make fun of me...... Xie Sipeng thought that he was looking for a chance to come over and experience it in private, but how could he choose a technician to enter the pavilion at this time? He saw that the lounge here was cramped, so he suggested that everyone change their clothes and go upstairs to the cigar room or café to rest.

Ding Zhaoqiang called the waiter to take the bill and sign it.

When Ding Zhaoqiang signed, he inadvertently glanced at the bill, and was startled, and looked at the waiter suspiciously, thinking that the waiter had stolen the order, and turned back to ask Cao Mo: "So many projects, are they all played by the three of you just now?"

"We just met an old friend of Han Shaorong, so we politely signed ten orders, we can't be too stingy!" Cao Mo said.

"......" Ding Zhaoqiang was stunned, and Shen Ji told them the scene just now with a smile.

Ding Zhaoqiang and Qian Wenhan were also embarrassed to laugh too exaggeratedly, but they just shook their heads while signing and said, "What a waste of money......"

"Liang Yuan also returned to China?" Xie Sipeng was embarrassed to ask which technician Han Shaorong usually ordered, so he changed the topic and asked, "As soon as Liang Yuan returned to China, Han Shaorong pulled Yu Jinjie out, are they going to force the Boso-Catro steel industrial complex project?"

Liang Yuan has no sense of security, and it is easy not to return to China, and he only entrusted Guo Jian to communicate with all parties after returning to China in order to promote the signing of a long-term supply agreement with Bosuo Iron Mine in order to promote the Catelo Iron and Steel Plant.

And now that Liang Yuan can be called back to China, apart from this, Xie Sipeng can't think of anything else......