Chapter 243: The sky-high asking price

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As soon as Jeffrey heard Jin Xiaoqiang ask like this, he also said the surname Suo.

As early as 2000, when the world's battery science community began to popularize the concept of lithium batteries, Jonathan and Jeffrey were keenly aware of this.

Because they have a large number of lithium ore resources in their hands, of course, everyone hopes that the scientific community can make a breakthrough in the research and development of lithium batteries, so that everyone can benefit from it.

However, in the past few years, the scientific community has been unable to make a breakthrough in the research of lithium batteries, and because of the second Gulf War, the company's main tantalum has begun to become in demand in the market.

If Jeffrey hadn't wanted the company to be leaning towards lithium, Jonathan wouldn't have had any idea.

But last year, the company was a minority shareholder and a professor of solar energy at the University of Sydney, Matt. Edwards, who led the research on solar cells, made certain breakthroughs.

Matt led his research team to develop two processes, one is laser technology and the other is chemical erosion technology, which can make traditional solar cells thinner and lighter.

The invention of this technology makes the thickness of the solar cells they manufacture only one-sixth of the original solar cells, thus saving a lot of raw materials, and can also make the whole solar panel as thin and light as a newspaper.

And the photoelectric conversion rate of this battery has been increased from 18% to 21%, which can be said to be an absolute breakthrough for the battery industry, especially the solar cell industry.

That is, it can save raw materials, but also improve the photoelectric conversion rate.

And it's this Matt. Edwards' breakthrough in the field of solar panels made his friend Jeffrey and others more optimistic about the development of the new energy field.

Matt is also a very extreme environmentalist, he is a great advocate of the use of clean energy, and renewable energy, and lithium batteries are also very optimistic about his projects.

So it was under his encouragement that Jeffrey and his three minority shareholders decided to have a showdown with Jonathan and them.

But Jonathan didn't know where he heard some rumors, so when the company was preparing to pay dividends at the beginning of last year, he suddenly proposed to expand the company's production capacity, so the company's profits that year were invested in the development of new mines.

Although Jeffrey and the others disagreed, they were smaller on the board than Jonathan's group, so they could only watch them invest their money.

And although several of them also have small assets, after all, the financial management methods of rich people are different from ours, and most of their cash is invested in other areas by them.

So now when Jonathan offered to buy back the lithium mines for their $200 million, they were really outnumbered, and Jeffrey's money was invested in other businesses of their family.

Not to mention Matt's money, which was all invested in the development of his own solar cell technology, as well as the other shareholder.

Originally, they could have borrowed money through banks, but at this time, Jonathan used his connections in the Australian financial community to make many banks refuse to lend to them.

So they have the problem of the recent difficulties, and now the company that they split from the company has not yet taken shape, and the lithium resources in their hands are not very rich, after all, the fattest part is controlled by Jonathan and his group.

Originally, Jeffrey thought that after all, they had worked together with Jonathan for so many years, and everyone had some feelings, and Jonathan would not do things so absolutely.

But what they didn't expect was that not long ago, they heard the news that Jonathan was secretly contacting Rio Tinto and BHP Billiton to discuss financing.

The goal was to expand the company, dilute the shares held by Jeffrey and the others, and finally kick them out of the board of directors, and then monopolize the company's tantalum and lithium resources.

After learning such news, Jeffrey and the others were furious, but it was true that they didn't have a good way, they were a scientist, and the shares of the company were just inherited from his family, and his own expertise was in scientific research, not business.

And another small shareholder, Larry, this guy was originally a large butcher merchant in Western Australia, and this part of Talison's shares was also inherited from his family, and the money in his hand was bet on other businesses.

And the same is true for Jeffrey, besides, they are all businessmen in Western Australia, and in terms of influence, they are not as big as Jonathan, so in the face of Jonathan's suppression, they can only be helpless now, but they are not willing to be tied down, so they attack in many ways and contact everywhere to see if they can find a suitable investor.

That's why there is such a statement that they came into contact with Jin Xiaoqiang, Jeffrey is also a sincere person, he didn't hide their situation, of course, it was also because of the situation and told him that Jin Xiaoqiang was his good buddy, please rest assured.

"If we can't come up with $200 million by January 31, then Jonathan and they will take back all the lithium mines and go to other big companies to negotiate. As for us, if we didn't have these lithium mines, then our company wouldn't have much point of existence, and we would have been kicked out of the board of directors by them. ”

Jeffrey explained the situation to Jin Xiaoqiang roughly.

"Alright! So that's the case, so let's talk about business now, Mr. Jeffrey, $200 million is not a lot of money to us, but what I want to know is, if I give you $200 million, what can we get from you? ”

Now that you have a general idea of the situation, it's time to bargain.

Of course, Jin Xiaoqiang also knows that the plan of 200 million Australian dollars in exchange for five large-scale lithium mining areas is, of course, because Jeffrey and several of them are the original internal directors of Talison, so there will be such a price, which is equivalent to an internal price.

If they set up a resource company and wanted to buy it from Talison, that old Jonathan dog would definitely sit on the ground and ask them for a billion Australian dollars.

Moreover, their investment background is an investment company from the Celestial Empire, and in the area of Australian political axe, they will definitely be restricted in many ways.

So it should be very appropriate to buy such a large lithium company with 200 million Australian dollars now, but now the main thing to see is how much of the stake Jeffrey is willing to give up.

"If you, Mr. Kim, are willing to give up $200 million to take over those lithium mines for us, then Mr. Kim, we are willing to give up 30 percent of the shares, making you the largest single shareholder of the new Talisen Lithium Company, and the three of us will distribute the remaining 70 percent of the shares."

Jeffrey saw the possibility of Jin Xiaoqiang cooperating with money, and his heart suddenly became lively, these days, they have not gone to find other investors.

However, most of them ended up in ashes, and most of the investors had a relationship with Jonathan's side and were unwilling to lend to them.

And Jonathan, the investors who have nothing to do with them, and because they are not optimistic about lithium batteries, they are unwilling to pay so much money, even if there are those who are willing to pay, it is a lion's mouth, and a mouth will account for more than 50% of the company's shares, how can they agree to such conditions.

But before the end of January, if they can't come up with so much money, then what awaits them is only the end of the end, so during this time, Jeffrey, who is in charge of the overall situation, can be said to be heartbroken and sad.

"No, no, no, Mr. Jeffrey, we have $200 million in money to help you get through this, don't you think the allocation of shares is a bit unreasonable? And we have also done a certain amount of investigation on your company before, even before your company was separated, it only has a market value of about 800 million Australian dollars, and less than half of the shares of your shareholders are actually less than 400 million Australian dollars, and now we have taken out 200 million Australian dollars to buy a few mining areas, but in this way, our equity in the new company accounts for less than 30 percent, don't you think this is a bit excessive? ”

Jin Xiaoqiang said to Jeffrey with a smile, his style has always been straightforward, and doing business, what he talks about is asking for a sky-high price, and paying back the money on the ground, I believe Jeffrey will not feel offended because of his words.

Sure enough, after Jeffrey listened to Jin Xiaoqiang's words, he didn't get angry, but said to Jin Xiaoqiang eloquently.

"Mr. Jin, you want to know the current development trend of the international battery field, the reason why you are willing to invest in this project, of course, is also because you are very optimistic about the future development of lithium batteries, I know that you are the CEO of Huayang Power, is engaged in automotive technology, the reason why you are interested in this project now is definitely because of the electric vehicle project that you may launch in the future, or the hybrid car project, you will definitely have a great demand for lithium in the future, and now you take out 200 million Australian dollars to invest, And getting a 30% stake in a lithium mining company with unlimited growth potential is, in my opinion, a very suitable deal. ”

(To be continued)