1476. Replacement?
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Four billion US dollars may sound scary, but it wouldn't be exaggerating if you look at the performance of those two oil wells.
After all, the daily output of the two oil wells has reached about 20,000 barrels, and the most important thing is that these two oil fields are located in Australia.
This is a blank space for traditional oil giants. They only control the market where they are, but they do not control the oil fields in the region.
If you can control which oil fields, it means you have the opportunity to control which market.
Once you control Australia, there is a market, then your voice in which country you have will increase greatly. You should know that Australia is one of the eight most developed economies in the world now.
The most important thing is that this country has countless mineral resources that make others jealous, and any of these mineral resources are enough to make Japan, or the Mitsui family, feel jealous.
Since the birth of the Mitsui chaebol, this chaebol has never been a simple economic chaebol. They have always been closely entangled with the Japanese government.
Before World War II, the plunder and expansion in the northeastern region of the mainland, as well as the plunder and expansion in the South Pacific region occupied by Japan, etc.
Before the end of World War II, the Mitsui chaebol had already deservedly become Japan's number one chaebol. Its size was twice that of the Mitsui chaebol in Japan at that time. The Mitsui chaebol and the Fuji chaebol were the two companies. Even if they were added together, the scale was not as good as that of him.
Unfortunately, the Americans later occupied Japan and then kept decreeing the Mitsui chaebol to break up, which made Mitsui fall to its present state.
Although the Mitsui chaebol is still a giant, it has long lost the confidence to dominate the Japanese world back then. Now even Mitsubishi and Fuji are vaguely larger than Mitsui.
Sumitomo, who has always been around, has also quietly caught up recently. Although Mitsui and Sumitomo jointly established Sakura Bank since 2000, in fact, secretly, the two companies' work has never stopped.
The Cosmo, which Sumitomo, has a company, but Mitsui has always wanted to get involved. Unfortunately, Sumitomo's bastards refused to let Mitsui's chaebol intervene.
Now there is such a good opportunity in front of you. As long as you can grit your teeth and take out 4 billion US dollars, you can control two high-yield oil fields in Australia, and even further, through these two oil fields, you can influence the will of a country.
Even if the bottom cannot be measured, it can affect the will of the local government in Northwest Australia at least. This area is the most abundant mineral in Australia.
When Mitsui Noriya felt a heat in his heart, and the storms in his mind kept colliding, which made him feel a little conflicted and very eager to get the two oil fields.
"Mr. James, isn't this price a bit too exaggerated? Also, as a long-term partner, this price. Can't it be a little discount?"
Mitsui couldn't bear it in the end, and the temptation was the first to speak. Although he knew that once he spoke first, it would mean that he would be in a passive position in future negotiations, but at this time, is it really important to be unpassive?
The guy on the opposite side laughed and then showed a white teeth: "Mr. Mitsui, do you think this price is exaggerated? Have you thought it clear? First of all, the daily output of these two oil wells can reach 20,000 barrels, and the output is light crude oil. Such high-yield and high-quality oil fields are not common even in the Middle East. And according to our estimates, the reserves under these two oil fields are at least hundreds of millions of barrels. Do you know what the reserves of these hundreds of millions of barrels are? If it weren't for the fact that I would invest in several projects in the United States recently
If I need funds urgently, I will never give up these two oil fields. Not to mention the far-reaching ones, I think you have seen the performance of Dirham on the Sydney Stock Exchange in the past few days. Now their stock price has reached 26 Australian dollars per share, and 26 Australian dollars is 20 US dollars at the current exchange rate. I have 60% of the company's shares, which is equivalent to 1.2 billion US dollars. With such oil field reserves as guaranteed, do you think it is too much for my $1.2 billion shares to triple?"
Mitsui Nori felt his mouth a little bitter, because at this time he found that the other party was right at all. Judging from the current market value of Dirham, the shares in this guy's hand are worth US$1.2 billion.
But the most important thing is that his equity worth $1.2 billion is related to the absolute control of this company. If you have absolute control of Dirham, it is equivalent to you having those two oil fields.
This is the key to many oil giants. Absolute control has always been opposed by many governments, but many large companies are pursuing it.
So if he really wants to take action on the 1.2 billion US dollars of equity in this guy's hand, other big companies will really triple his 1.2 billion US dollars of equity in every minute.
Mitsui also wants absolute control of this company now, but the key problem is that now, he does not have that many bargaining chips.
Forty billion dollars, bp can be given, Shell can be given, and Rockefeller can be given, because they are not short of money, and they will pay in installments, but they will not pay back the debt.
Now if Mitsui wants to get in and succeed, he must come up with something that will make the guy in front of him more excited.
But now what is Mitsui in his hands that can make the other party excited?
After thinking about it, they were the only ones in the Rob River Mine in the Pialbala Mountains.
Mitsui Products has invested in many iron mines in Australia, and generally adopts a joint venture with Rio Tinto or BHP Billiton, which is also the smartest thing they are than Chinese investors.
Later, the large state-owned enterprises in China invested repeatedly in Australia, and they often lost a lot of money in vain, but in the end they gained nothing.
In fact, it is not only because the Australians are conservative and ruthless, and you kick you away after using it, but also because of our own arrogance and clumsiness, as well as the mentally obsessed with the absolute holding of the joint venture.
In fact, the reason why we acquire mines overseas is nothing more than to ensure that we supply our own raw materials.
But if you demand control of the company very strongly, especially in a conservative country like Australia that is already hostile to you, all your negotiations will be very hindered.
Think about it, even when foreign capital wants to invest in your country's mineral resources, you still require the holding ratio of others not to exceed 50%. However, how can you require the holding ratio of others to control the holding ratio of others' mineral companies to exceed 50% in your own chassis?
This is also the main reason why the large state-owned companies in China fail to acquire mineral companies in Australia. No matter how rich you are, you cannot ignore any prideful and cautious attitude of others.
The Japanese are very smart at this point. For example, Mitsui is the major shareholder of Rio Tinto and controls many large iron mines in Australia, but they do not require absolute control of these iron mines.
There is only a requirement that the minimum execution price is required when exporting iron ore powder produced in these iron ore to Japanese companies.
As a result, they will be cheap and not annoying. Our Chinese investors often spend a lot of money and are not likeable in the end. This is the result of the difference in attitudes in life and work.
The most valuable mine controlled by Mitsui and Rio Tinto is undoubtedly the Rob River iron mine in the Pialbala Mountains. The annual output of this iron mine is 32 million tons, one quarter of which is fixedly supplied to Japanese iron plants, one half is used to kill the suspicion of China, and one half is used to sell it to other iron plants.
Now after some trade-offs, Mitsui Nori came to a conclusion that if he wanted to win the Dirham Oil Company in the hands of the guy opposite, the Rob River iron mine was the most valuable bargaining chip in his hand.
Iron ore has been in good momentum recently, but if compared with oil, then it is nothing, just a pile of earth torn apart.
"Well, Mr. James, what if we were willing to take out 33% of the control of the Rob River Iron Mine we own to exchange for your shares in Dirham?"
"ha!"
James's suddenly raised tone shocked Mitsui Nori. When he saw that the guy's face was filled with sneer.
"Mr. Mitsui, it seems that you really understand me. But if you had proposed such an exchange condition a year ago, I would not only agree with it, but also might have subsidized you by hundreds of millions of dollars. But now? Are you not kidding? The annual output of the Rob River iron ore mountain is only 32 million tons of iron ore powder, and the annual profit is only about 100 million US dollars. You should use such an iron ore to exchange for the hens that can lay golden eggs in my hand. Do you think this is appropriate? To be honest, your annual profit of 100 million US dollars, my Dirham Petroleum Company can do it in just one month. Do you think such a replacement is meaningful?"
Chapter completed!