Chapter 453 Bankruptcy will be their only end
The exploration of the St. Lawrence copper mine continues, and for a world-class super copper mine like this, it will take at least two months to explore the reserves in the later stage.
The news of this super copper mine has not been announced to the public, it is Hugo. What Sigman meant was that he would wait until all the details of the super-copper mine had been surveyed before it was released.
Take advantage of this time, Hugo. Sigman has a lot of other work to do, after all, once this super copper mine is announced, it will definitely attract the attention of countless people. Even as Argentina's number one tycoon, Hugo. Sigman also had to get everything done in order to avoid more trouble down the road.
The reserves of the St. Lawrence copper mine are definitely beyond Hugo. Sigman imagined that he had expected that there might be a deposit in this former forest farm, but in his mind, the deposit would be worth billions of dollars at best. So when the facts really lay out Hugo. In front of Sigman, the tycoon was a little caught off guard.
If it's really a multibillion-dollar mine, Hugo. Sigman is confident he can get any trouble out of the way, and in Argentina, he definitely has that energy. But when a super mine worth nearly 300 billion US dollars was placed in front of him, all his self-confidence was shattered in front of this super mine.
This is arguably the most valuable single deposit ever found in Argentina, and no one can resist the lure of this mine. Confused, even if it is the Argentine government, Hugo. Sigman can't even guarantee it.
A few years ago, under the authorization of the beautiful President Cristina, the relevant departments of Argentina brazenly forcibly acquired the shares of the Repsol-YPF company, the largest oil company in Argentina, and forcibly acquired 51 percent of the shares of the YPF company from the Spanish company Repsol, the largest shareholder of the YPF company. Achieved a controlling stake in the oil company. However, the shares of other shareholders of YPF and the shares circulating on the stock exchange will not be affected.
On the same day that the forced takeover was launched, President Cristina submitted a bill to the Argentine parliament entitled "Argentine Petroleum Sovereignty", and the oil resources in Argentina were declared "national public interest".
The Argentine government's move to forcibly take control of YPF has sparked strong controversy, with most experts agreeing that it will cause serious damage to Argentina's investment environment and image. The core of Argentina's oil policy adjustment is that the Argentine government and enterprises should occupy an absolute advantage in the oil market, and foreign-funded oil enterprises will become the target of the Argentine government's key crackdown and containment.
It is precisely because the Argentine government made such a move in 2012 that Hugo. Sigman had to wonder if the government would do the same thing again. Compared to a controlling stake in YPF. The value of this super copper mine is undoubtedly higher.
Therefore, Hugo. The first thing Sigman had to do was to test the bottom line of the Afghan government. After all, the strategic position of solid minerals is not as important as the strategic position of oil and gas fields, if the emergence of this super copper mine does not touch the bottom line of the Afghan government, then everything is easy to say, but if the Afghan government has other ideas, then it must pay a little price.
Of course, before doing this work, Hugo. Sigman had to negotiate with Tang Feng, after all, the actual controller of the mine was Tang Feng.
"Mr. Sigman. Are you worried that the Argentine government will deal with us the same way it did with YPF? Tang Feng asked.
"Yes, Mr. Tang, we can't help but make such preparations, although the strong President Christina has gone down and replaced it with President Macri, who thinks it is relatively mild, no one dares to guarantee what kind of move this president who has only been in office for half a year will make, maybe he will use this super copper mine, who can say for sure?"
Tang Feng lowered his head and thought for a while, then said: "Actually, if the Azerbaijang government really wants to adopt some kind of shameless means to forcibly buy. Then let them have some more blood. It's okay for me to sell my shares, but Mr. Sigman. If the Argentine government really wants to force a buyover, I suggest that you better sell your shares like I did. ”
"Why? Aren't you distressed that the copper ore you worked so hard to find is sold to others like this? Will you be willing? ”
"Hehe, Mr. Sigman, what if you feel distressed? What if you are unwilling? This is Argentina, not the United States, if the government forcibly intervenes. Why are we going to be up against a country's government? ”
When Sigman heard this, he also shook his head helplessly.
No matter how powerful an individual is, he cannot compete with the government of a country, and this is what the current order of this world is.
"Could it be" Sigman opened his mouth and was about to speak, Tang Feng interrupted Sigman's words with a smile and said, "Mr. Sigman." Don't be unwilling for this kind of thing, believe me, even if the Albanian government forcibly buys my shares, in fact, the Argentine government will not be able to get any light, as long as the Albanian government really makes a move, then I will definitely make the Argentine government regret it. ”
"Don, what do you mean" Sigman didn't know where Tang Feng got such a big confidence, and he dared to make the Afghan government regret it.
Tang Feng didn't intend to hide it from Sigman, and said with a smile: "Mr. Sigman, you should know that I and a few friends in the United States are now working on a project on outer space mining, although this project has not yet made a breakthrough, but the development of various technologies has been carried out very well. I think it won't be long before our experimental spacecraft will be able to go into space. ”
"Does this project have anything to do with this super copper mine?" Sigman was a little confused.
"Hehe, of course! You should know that on those asteroids in outer space, many of them have very valuable metal deposits in their inner cores, if I can find an asteroid full of copper ore and develop it, then do you think there is still a need to mine copper ore on our earth? ”
"Shhhh Sigman has learned a little about asteroids, and knows that these seemingly small asteroids actually contain amazing metal deposits inside, and the reserves of these metal deposits are often tens of billions of billions of tons, if you can really pull an asteroid rich in copper metal to low earth orbit for mining, then it will definitely be a nightmare for all copper miners on the earth.
If an asteroid rich in copper can be developed, it will deal a fatal blow to the copper industry on Earth, and the price of a ton of pure copper, which is now around $5,600, may fall to only a few hundred dollars by then. If it is a small copper mine, it is better to say that the investment is small, and the losses under this blow will not be very large. But those companies that own super copper mines will immediately be dumbfounded, and at that time, bankruptcy will be their only end! (To be continued......)