Chapter 114: Billyton & Company

On this day, Lu Zheng and Wen Wei were doing nothing in the hotel. Wen Wei proposed, "Do you want to watch TV?"

After saying that, she turned on the TV, and at this time it was international news.

The BBC's TV newscaster reported in Foggy English:

Severely affected by the European economic crisis since 1990, the number of factories in Europe has reached 60%, and countless people are laid off and unemployed.

The most affected industries are the automobile industry and the financial industry, and downstream steel mills, oil refineries, and banks have also been greatly impacted.

According to incomplete statistics, the proportion of automobile factories in Europe is about 75%, the financial industry, especially the bank failure, accounts for about 40%, and steel mills and oil refineries have been seriously affected to varying degrees, accounting for about 80%.

When Lu Zheng heard this, he knew it, and then the local TV station in Melbourne came to assist:

It is understood that due to the impact of the European financial crisis, the unit price of standard iron ore (TFe≥66%, S≤0.3% P≤0.08% SiO2≤8% AI2O3≤3%) has dropped from the original 350 US dollars a ton to 260 US dollars a ton, an average weekly decline of more than 8%.

Oil prices fell from $32 per barrel to $26 per barrel, an average weekly decline of more than 5%.

Lu Zheng heard Woolf say that iron ore is also graded, based on TFe ≥66%, the benchmark price is 350 US dollars / ton, if the content increases by 0.1% (including 0.1%) plus 2 US dollars / ton. At 60% ≤ TFe<66%, US$3/ton for every 0.1% reduction. For 57% ≤ TFe <60%, US$20/ton for every 0.5% (including 0.5%). US$30.00/tonne for every 0.5% (including 0.5%) for 55% ≤TFe <57%, and US$60.00/t for every 0.5% (including 0.5%) TFe 0.3%, minus US$5.0 per ton for every 0.01% increase, is calculated and added in segments.

Based on the P≤0.08%, the content is 0.08%

Based on SiO2≤8%, US$5.00/t for every 0.5% increase < SiO2≤10%, US$10.00/t for every 0.5% increase at 10% 12% SiO2.

Based on AI2O3≤3%, the content is AI2O3>3%, minus US$1/ton for every 0.1% increase.

So it doesn't matter how much this mine is, what matters is the grade.

Under such conditions, Lu Zheng is confident that he will use less than $100 billion to acquire these three mining giants.

It's just that there are so many banks that have fallen, Lu Zheng can only watch them collapse and can't do anything about it, in the final analysis, the foundation is still unstable.

Sure enough, after Lu Zheng and Wen Wei finished shopping in Melbourne at the hotel and did nothing to be ashamed of for three days, the representative of NQA Company appeared in Lu Zheng's presidential suite with their evaluation report.

They were joined by representatives of Woolf, Rio Tinto, BHP Billitum and the three mining companies Bileyton.

Lu Zheng asked Woolf to find a conference room to greet the representatives of the three companies, and he wanted to read the NQA report first.

After Lu Zheng asked them to sit down, he directly flipped the report to the total value of the assessment.

Lu Zheng saw that NQA valued Rio Tinto at $39 billion, BHP Billiton at $56 billion, and Billyton at $28.5 billion.

Lu Zheng remitted a total of 123.5 billion US dollars in his heart.

It's a bit more than I expected, not that much money......

"I just took a look, your appraisal report uses the average market price from a month ago, and it also includes the company's brand value?" Lu Zheng asked, combining the reports and putting them on the table as he asked.

"This is the practice of our evaluation, and there may be a delay in data collection, so we made a special note. Archibald Hill, NQA's director of evaluation, hastened to explain.

"As far as I know, all three businesses suffered a lot in the floods this summer, and there were delays in deliveries. The information I got is that they have been sued for breach of contract, and this matter has not yet been dealt with, and these have an impact on the company's image and brand value, and this matter is not reflected in your report at all?"

"It's really going to have an impact on the brand image, and our company agrees that the judge hasn't decided on this matter yet, so we can't judge. ”

"You bring the report and go with me!" Lu Zheng knew that this was not his home field, this was a strong killing of Yueta, so he still had to take it step by step.

Lu Zheng came to the conference room and asked Archibald to repeat the problems in the evaluation report, and gave a hint to the representatives of the three companies, the data in this report is too high, you should be mentally prepared.

At the same time, he also asked the representatives of the three companies for their opinions, and since you agreed to have a third party evaluate it, it proves that you are also inclined to sell the company, so that the guilt of someone who crossed the tower and killed him will be reduced to zero.

"Since you don't have any opinion on what you just said, I suggest that you take a moment to talk about the purchase price. At the same time, I would like to remind you that due to the impact of the Europe-wide financial crisis, the price of standard iron ore fell by more than 8% per week on average, and the price of oil fell by more than 5% per week on average. In the end, he did not forget to sprinkle salt on another wound.

Lu Zheng thinks that food still needs to have salt to be fragrant, which may cause harm to the food itself, but how can the food be experienced by the fragrance that the eater feels?

Lu Zheng waited aimlessly for two days, and as a result, he negotiated urgently, and the first to reply was Billington: after unanimous discussion among the owners of the company, they agreed to the offer of 24 billion US dollars invested by Our Lady, and the overall sale of various mines, ore refineries, all equipment and company brands around the world was sold, but the acquirer, Our Lady Investment, had to accept all the company's debts of 2.5 billion US dollars and the company's legal liability.

Lu Zheng asked Woolf to lead the team of lawyers to Billiton to sign the contract, let Martin from the finance department pay, and let Thompson bring someone over to receive it.

Afterwards, after Thompson's report, Lu Zheng learned that the mines acquired from Billetton Company had 36.5 million tons of high-grade iron ore reserves, 29 million tons of copper ore reserves, 6 million tons of manganese ore reserves, 16 million tons of lead ore reserves, 36 million tons of zinc ore reserves, 56 million tons of mica ore reserves, 6 million tons of silver ore reserves, 8.2 million tons of platinum ore reserves, as well as various unlisted mines and associated mines, as well as various advanced mining equipment.

There are a total of 68 ore refineries of all kinds, which are located in Australia, America and other places, with convenient transportation, as well as 20 bulk carriers of more than 50,000 tons and 5 container ships of more than 200,000 tons, and 20 terminals of all sizes have signed long-term contracts.

In addition, there are 12 iron ore mines and 40 oil and gas fields in an undiscovered state, with unknown reserves. There are 10 oil fields in production, with reserves of about 1.6 million cubic meters.

He regretfully told Lu Zheng that the target of the lawsuit due to the delay in delivery was 500 million US dollars. Lu Zheng asked him to find a team of lawyers to deal with it.