Chapter 293 - Unlimited Bank Lending (Page 1/1)

And some people have some bold ideas in their hearts, if according to what Lord Shiro said, then they will unite the most powerful merchants together, then at the auction, others know that they can't compete, then they may not dare to bid with themselves at all, then they will be able to bid for the right to mine gold at the lowest starting price.

The largest merchants are several business consortiums in Zhejiang, and they have at least 50 million yuan more funds than the Henan business consortium in second place. The major shareholder of Zhejiang firm looked at Henan firm, and happened to see the major shareholder of Henan firm looking at him. He made a gesture, and the major shareholder of Henan Firm nodded. In this instant, the two sides have reached a preliminary intention to cooperate.

The squire continued: "The second suggestion is that Mr. Xu, the steward of the Daming Royal Bank, is here with this official. The Royal Bank of Daming decided that it could lend any merchant enough silver coins at an interest rate of 10% per annum. The gold is purchased by the bank at market price until the borrowed coins are paid off, and the gold is disposed of by the miners themselves. ”

The merchants blew up the pot with a loud bang. This is equivalent to borrowing the money of the Ming Royal Bank to fight for the right to mine the gold mine, even the one with the least money among the fifteen merchants can use the highest price to seize the right to mine the gold mine. The major shareholder of Zhejiang firm shook his head, what he could think of, how could the household department not think of it? Wanting to jointly acquire the mining rights of the gold mine at the lowest price was no longer a joke after Shirou said his second proposal. Now no one is going to unite with the others, and even if fourteen are united, the other can compete for the mining rights if they are bold enough. And is it possible to unite 14 merchants? Who doesn't want to get rich, and who wants to cooperate with others when they can keep it on their own.

At this time, Xu Wuming, the director of the Daming Royal Bank, stepped forward and arched his hand: "Ladies and gentlemen, when I came, President Li said that no matter who you are, you can borrow any number of silver coins, but the total amount shall not exceed the auction fee of the final gold mining rights. If you borrow money at this time, the interest will be calculated from tomorrow. In other words, if you don't have the right to mine the gold mine after borrowing now, you can return the loan immediately without any cost. However, if the right to mine the gold is obtained, the loan must be repaid within 20 years, and at least ninety percent of the gold produced each year must be used to repay the bank loan until the loan is repaid, and no more money must be borrowed from the bank. I was in the house over there, and those who wanted to borrow money came to me, and for the sake of secrecy, only one person could enter at a time. ”

There is no problem with this requirement, if you come to fight for gold mines, you will always prepare a lot of money, at least the labor costs required for mining must be prepared by yourself, so the mining costs in twenty years will of course be enough. In fact, with only 5 million deposits in the bank, you can cover the cost of gold mining for several years or even more than ten years, and there is still 10% of gold that can be used as income, and the actual start-up capital required is only 1 million at most.

Xu Wuming's words made some people start to think about whether it was cost-effective for them to unite so many merchants to fight for this mining right, and with the guarantee of the bank, in fact, everyone could fight for this mining right. So some people began to ask if they could sign up for the auction again.

The squire replied: "The fifteen places have been decided, and it is impossible to re-register, we only recognize these fifteen to participate in the auction." ”

Of course, most people don't think about this, and while the benefits of mining alone are much greater, the risks are correspondingly greater. Moreover, most of the businesses that are united together are particularly good at aspects, some have more money, some have strong technology, and some have more people. In gold mining, these aspects can be said to be indispensable.

Various merchants began to go to Xu Wuming to sign a loan agreement, and the first one to enter was the major shareholder of Zhejiang firm, he said: "Director Xu, if I want to borrow 20,000 yuan, can I do it?" ”

Xu Wuming said with a smile: "It turned out to be Wang Daguan, Wang Daguan has countless salt farms, do you even need to borrow money?" ”

Wang Jingze said with a smile: "Xiao Ke is just a mouthful of food, this competition for the right to mine Xiaohai gold, the newspaper estimates that the starting price may reach 40 or 50 million yuan, Xiao Ke even has the money for the starting auction, and he has contacted various peers to make up a little money." ”

Xu Wuming smiled: "Wang Daguan is too modest. Governor Li said that there is no problem if you borrow 100,000. ”

Wang Jingze said: "Okay, Director Xu, I will borrow 20,000 yuan." ”

The second person who came in was the major shareholder of Henan Firm, and he asked directly: "Director Xu, we want to borrow 50,000 yuan." ”

Xu Wuming said with a smile: "It turned out to be Steward Zhang, no wonder he has such a big spirit." Concubine Zheng is in good health. ”

Steward Zhang said with a smile: "Thanks to the emperor's blessings, the concubine is in good health." ”

Xu Wuming didn't say much, and directly wrote a note: "50,000 yuan." Then he said: "Steward Zhang can just take this, as for the IOU, let's talk about it after fighting for the mining rights." ”

After the other merchants borrowed money, everyone entered the auction hall, and the auctioneer who auctioned Alkali Lake last time came to the stage with a smile and said, "Ladies and gentlemen, Xiao Ke will preside over the auction for you today." Xiaohai Gold Mine, 50 years of mining rights, plus the priority to continue mining rights at the same price, now start the auction, the starting price is 50 million yuan, each increase in the unit of 1 million yuan, as long as the sign is raised. If you want to add more, you have to stand up and say what you want to offer, so get ready and start the auction now. ”

Last time, the Alkali Lake and the Mangni Lake were auctioned for a total of 51 million yuan, and now the starting price of the gold mine is directly 50 million. However, the merchants have long known that as a gold mine that has been mined under the auspices of the royal family, they are willing to hand it over to the people of Daming for private mining, and the price will definitely not be low. And some readers in the newspaper once predicted that the starting price should be around 40 or 50 million yuan, which is equivalent to letting the news out, so now everyone just thinks, and it is really so.

Wang Jingze wanted to scare the others so much that he didn't dare to add more, and stood up directly with his own sign and said, "Ten thousand yuan." Then he glanced at the surrounding merchants and sat down triumphantly.

The auctioneer exclaimed: "No. 3 doubled the starting price at the first bid, which shows that they are determined to win the right to mine Xiaohai Gold Mine." Yes, with such abundant reserves and such an easy-to-mine vein, who wouldn't want to have it in their pockets? Ten thousand for the first time. ”

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