Chapter 276: Preparation
The world never revolves around one person, the Lu family wants to solve the problem of Kanem well, finding them is the best choice, but it is not the only choice, not to mention that the Oppenheimer family does not want him to interfere at present, Cao Mo can only wait and see what happens, and cannot forcibly intervene.
Although he had always maintained close contact with Shen Ji before, many details were difficult to explain clearly in short transatlantic phone calls and emails.
The situation in Akwa is expected to stabilize soon, and the Front for Democracy has also reached a cooperation with the Saviyi authorities, who are also interested in using the Pro-democracy camp line and the descendants of the colonizers they represent to improve relations with Western society and initiate economic reform in the country.
This is what they have been worried about in the first two months, and it is also the optimistic situation they want to see the most, but the next more important thing is how to pick and share the fruits of fat, beauty and juiciness.
This is also the main purpose of Cao Mo's return to China for vacation.
"After Juan Mantar became deputy minister of economy, Shaquille Dern, another big man of the Front for Democracy, soon became vice president of the Akwa National Oil and Mining Group, which did not seem particularly high, but it was the most advantageous position for us. We have also received an initial return that the Gulf of Guinea Mining Investment and Trading Company has signed a trade agreement with the Akwa National Petroleum and Mining Group for the supply of 600,000 tons of iron ore and 1 million tons of high-quality coal per year. In addition, the Fellithian family gold mining company has also been awarded a gold exploration agreement with the Akwa National Oil and Mining Group at the Deenke mine, and the Conero Cement Plant has been awarded a technical consulting and renovation services and finished cement import trade agreement with the Akwa National Building Materials Group," Cao Mo said, "These results are still preliminary, and more importantly, the next phase of Akwa's economic policy reform ......
The biggest change in Akwa's economic system reform is that it will allow foreign capital to invest directly in its crude oil and mineral development, port and road transportation construction, and financial fields.
Although Akwa is listed as a least developed country by the United Nations, it is still quite large as a country with a total population of nearly 30 million and a land area equal to 40 new sea cities.
Akwa currently produces 500,000 barrels of oil per day, and even a 10% increase in daily oil production will allow far more investment than the $1.8 billion can solve.
And Africa's oil has always been a sweet spot in the eyes of Western society, Cao Mo has no national support behind him, he personally took three melons and two dates to participate, the biggest possibility is that he will be eaten to the point that there are no bones left.
At present, China does not support the large-scale participation of private capital in crude oil extraction, let alone the private sector to engage in offshore oil strategies.
Cao Mo himself is currently looking at two directions, one is to enter the Akwa finished cement market, and the other is the gold deposit in the Deenke mining area.
His current main business in West Africa is also in these areas.
At present, the annual market demand for finished cement is about 3 million tons, and the annual market share is only 500 million US dollars
Which European and American cement giants squeezed in.
In front of him, Cao Mo has the opportunity to further expand his cement business in West Africa, and he does not expect to eat all the Akwa cement market, and he can eat two or three percent of the market share, which is enough for him.
The Deenke gold mine is a deep placer gold mine, which is difficult to mine compared to other gold mines in Akwa, and it was abandoned by European and American gold mining companies before the coup d'état of Saviyi came to power.
Cao Mo will focus on these two aspects, at this time to carry out exploration, technological transformation and other aspects of cooperation, but also to preemptively open up the relationship between each link, the territory circle.
When Akwa officially opened up foreign capital, the investment amount of these two pieces was relatively limited, and he combined Shen Ji, Abacha, Ojosan, and the Rupert family (Brahm) to be able to eat it.
Of course, Cao Mo is still more or less unwilling, and wants to further expand the fruits of victory in Akwa.
However, even if he put aside oil extraction, even if he was involved in the exploitation of high-quality coal and iron resources in Akwa, the construction of ports, road transportation, communications, electricity and other facilities, it was far beyond his ability at this time.
A 100,000-ton deep-water port terminal has an investment of more than 100 million US dollars, and the investment in large and medium-sized power plants will not be lower than this, and these projects need to be combined with larger-scale resource development to make sense, and they are not something they can play.
When he came back this time, he also wanted to see if Shen Ji could find a collaborator in China.
Even if they don't cooperate, they will introduce these projects to the intermediary and help matchmaking, and they will be hot if they can receive the intermediary fee in hand......
"Whether your bicycle can be turned into a motorcycle or not, just give it a fight here, you have to refuel!" Cao Mo encouraged Shen Ji to say.
"I'm driving a Porsche now, if I become a motorcycle, won't I lose a lot?" Shen Ji joked, "In recent years, the real estate development in China has been very rapid, Dongsheng Real Estate in addition to the two or three million square meters of projects to be built in its hands, and two large projects are ready to participate in the auction, the funds needed in the next two years are quite terrifying, one or two tens of billions of can't be stopped - needless to say, Hexi Fund side, and even need to occupy a part of the funds in listed companies, and the overseas investment strategy may maintain the status quo for a short time......."
Dongsheng's real estate strategy is personally grasped by Ding Zhaoqiang.
Based on the trend of domestic economic development, neither Shen Ji nor Cao Mo thinks there is anything wrong with Ding Zhaoqiang's radical strategy in real estate, which may be the biggest opportunity for Dongsheng to step up to a higher level in the future.
This also means that if Cao Mo wants to implement a larger plan in West Africa, he will not be able to get direct support from Dongsheng.
"I had a meal with the CEO of Xinhai Gold some time ago, and they are very interested in gold mining in Africa," Shen Ji continued, "They also know very well that the existing gold mines in Africa that are easy to mine and relatively low cost have long been carved up by European and American gold mining companies......
Xinhai Gold, Xinhai Mineral Research Institute, and Kabuja have all been in contact, and have even cooperated in mining and refining technology, equipment procurement, etc., but they have not heard that Xinhai Gold intends to directly participate in gold mining in West Africa.
Of course, this may have been deeply understood by previous partners
Gold mining for the Felician family is purely a gold mining company in Africa or backed by European and American capital, and no one wants to talk to Kabuja about deeper cooperation.
This is also a barrier caused by misunderstandings.
"I'll ask Kabuja to take Xinhai Gold to see what they want. Cao Mo said with a lack of interest.
"You personally own 80% of the shares of the Felician family's gold mining company, so you didn't think about cashing out?" asked Shen Ji.
"Yang Deshan's little family in the Qiao Nai gold mine, and finally converted into a 3% stake in the Felician family's gold mining, he is not particularly happy, and he still thinks that the stock price of my gold mining company is too high," Cao Mo shook his head and said, "And the two mining areas, in the next quarter, all the shallow rock gold and placer gold will be mined out." Although the reserves of deep rock gold are very considerable, after deducting the cost of mining and refining, such a large amount of investment may only make two or three million dollars of hard-earned money, and the return on net assets is so low that people look down on it. Unless the international gold price can rise violently like in the second half of last year, we can only continue to survive in West Africa......"
Two years ago, a set of rock gold mining equipment could easily cost tens of millions or even tens of millions of dollars, and Cao Mo had nothing to do but smack his tongue, but now whether it is the Yibogu gold mine, the Oguta gold mine, or the current Deenke gold mine, he has the ability to carry out orderly development, and the refining technology is also steadily improving.
Even if the upfront capital investment is not very large, the development process will be a little slower, but he does not urgently need external assistance in this area at present.
At present, the international gold price has fallen, making the profit margin of deep rock gold mining very low, but it is precisely the only area in West Africa where Cao Mo can overcome resistance and expand on a large scale on his own.
He would now rather be patient for a while longer and lay a stronger foundation than rush to sell his shares to cash out.
"If you personally want to get involved, I can sell three or five points of shares, and the discount price doesn't matter, and the rest of the people forget it, I don't think there's anything to talk about now. Cao Mo said.
"I just bought a house in Xinhai and am going to get married, where is the money to squeeze? No matter how cheap the stock price of Felician Gold Mining Company is, I don't have the money to buy it!" Shen Ji also called Poor Dao.
"Yes, I feel that I haven't made a lot of money this year, so why am I still poor. Cao Mo said sympathetically.
In the early stage, in the name of Tianyue Investment, everyone injected 30 million US dollars into the Gulf of Guinea Shipping Company, which consumed a large amount of funds.
At present, the Gulf of Guinea Mining Investment and Trading Company has obtained a coal and iron supply agreement from Akwa, and even with the help of Juanmanta and Shaquille Deenke, they do not need to pay any additional deposit, but even if it is a cash transaction, it will require three or four thousand dollars of working capital to advance in order to make it all work successfully.
As a result, not only did Shen Ji inject more than $10 million in cash into Tianyue Investment, but Cao Mo was also swallowed up by Tianyue Investment's cash stock of nearly $50 million, and with new investments in other aspects, he didn't have much money left in his hands.
At the end of the day, it's too difficult for them to raise money overseas, and any big project mainly relies on their own funds for investment, so it is inevitable that they will feel overstretched......