Chapter 602: Value

Tang Feng's self-confidence made everyone present feel refreshed, if someone else said this kind of thing, these people would definitely scoff, but Tang Feng said this, and they couldn't believe it.

Tang Feng continued: "In fact, our current industrial structure is very reasonable, the basic minerals are iron manganese ore and copper ore, the energy mine we have oil and coal, high-value minerals, we have precious metal ore and gem minerals, as long as we adjust our current industrial structure smoothly, then we have no need to engage in those laborious but unprofitable minerals." ”

"Our iron manganese mine now has those iron and manganese ore projects left by the former Anglo American and the Mutong iron ore mine, which is enough for us to develop for 30 years; Energy mines, in addition to the existing coal mines, we also have the Beaumont oil field, and at the same time, in the Gulf of Anegada in Argentina, an oil and gas field with larger reserves than the Beaumont oil field is about to enter the exploration and development stage, our energy mine has these are enough; Copper mines, this is even better, we already have the world's top two copper mines, with a total reserve of more than 110 million tons, and we don't need to develop the copper and gold mines under the name of Anglo American Copper before the development; As for the precious metal mines, not to mention the Gravina precious metals mine and the copper-gold mine in Arica, which are enough to make us the world's largest producer of precious metals. Now what we lack is a gem mine, but this does not matter, we currently have a top emerald mine in our hands, China's domestic jade mine and red sapphire mine I can enrich our gem industry at the lowest price, in addition, I will find a diamond mine for the group at the right time, so that our overall industrial structure is already very complete. ”

"What we need to do now is to try to divest as much as possible of the industries that we don't need for the time being. These assets are then sold to pay off the debts of the former Anglo American. I'll tell you, I'm a man who doesn't like to be in debt, so I don't want to see my property being watched by the bankers all the time. ”

After a pause, Tang Feng turned his head to look at CapitaLand, who had just taken over as the group's chief financial officer. Williams, asked, "Cade." If we include Anglo American Platinum, Anglo Asenti Gold, Dai. How much money can be recovered from the sale of the six subsidiaries of Beals, Anglo American Industrial Minerals, Anglo American Paper Products and Packaging, and Anglo American Copper? ”

As the former CFO of Tang's Mining, CapitaLand. Williams had already made a very detailed inventory of the total assets of the former Anglo American Group, so after Tang asked this question, CapitaLand. Williams was quick to answer.

"Tang, as a second-tier subsidiary of the former Anglo American Group, the value of these six companies is actually quite good. Anglo-American paper products and packaging companies are by far the lowest value. But the valuation of this company will not be less than 1.5 billion US dollars, mainly because several paper products companies under the name of this subsidiary cover a very wide range of businesses, in South Africa, as well as in the United Kingdom and continental Europe, so if we sell this subsidiary as a whole, we can get at least 1.5 billion US dollars. ”

"As for Anglo-American Industrial Minerals, the value of this company is at least twice as high as that of Anglo-American paper products and packaging, and this subsidiary produces minerals such as phosphorus, graphite, asbestos, mica, etc. The sales volume in the world is still good, so if this subsidiary is sold as a whole. It could bring us about three billion dollars. ”

"As for the other four subsidiaries, that's a big deal. These four subsidiaries, in addition to Dai. Beers is not wholly owned by the former Anglo American, and the other three subsidiaries are wholly owned by the former Anglo American. In May last year, South Africa's antitrust agency, the Competition Tribunal, unconditionally agreed to Anglo American's $5.1 billion acquisition of a 40% stake in South Africa's De Beers, allowing it to control the world's largest diamond company. Before this merger and acquisition. De Beers is 85% owned by the former Anglo American, CHL and Oppenheimer families, with the remaining 15% owned by the Government of the Republic of Botswana, but when the acquisition is completed, Anglo American owns 85% of De Beers and the remaining 15%. It remains with the Government of the Republic of Botswana. ”

Pause, Cade. Williams continued: "Even so, the 85% of the 85% of the Anglo American group in the hands of Dai . Bealce's stake is also worth between $10.5 billion and $11 billion. ”

Tang Feng nodded and interrupted Cade. Williams said: "Once we sell Dai. Beers's words, it is estimated that the Oppenheimer family has a great possibility to be the pick-up man. Beers is one of the roots of the Oppenheimer family, and that company is like a chicken rib to us, but to the Oppenheimer family, that's a top priority. So once we decided to sell Dai. Beers, in the Oppenheimer family, should be able to sell for a higher price than that! If we don't sharpen our knives at this time, we won't have this shop in this village."

Everyone laughed.

After the laughter fell, Don motioned for Cade to continue.

Cade. Williams nodded and continued: "Anglo American Copper, Anglo Ashanti Gold and Anglo American Platinum are all extremely high-quality assets from the outside world, and among them, the most eye-catching should be Anglo American Copper. ”

"This subsidiary is the largest profit point of the former Anglo American Group, and the copper and gold mines under its name are all world-class mines, so if Anglo American Copper wants to make a move, it can at least bring back $21 billion for us, of course, this figure is a relatively conservative estimate, and the specific situation depends on which company will take over." If a company like BHP Billiton or Rio Tinto takes over, the price is estimated to rise by more than 10%! ”

"As for Anglo Asanti and Anglo American Platinum, they have recently received the impact of international gold prices, and their value will decrease, but these two companies are also extremely attractive high-quality assets, and the assets of these two companies themselves are there, so even if they are sold at this time, these two companies can at least bring us no less than $18 billion in funds!"

"Once we really put these six subsidiaries up for sale, it will at least bring us at least $54 billion, which will not only pay off all the debts of Anglo American, but also bring us $6 billion in cash!" (To be continued.) )