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Chapter 208 Target Rare Earths

Kipling wanted to negotiate privately with Nick, probably because his shareholding ratio in Lennar Gold was close to 10%, only slightly higher than Nick's.

With 8% of the shares, Nick is the smallest shareholder in Lennar, followed by Kipling.

After the listing, Aldington Jeffrey and Steinbeck Mario each held 12% of the shares of Lennar Gold Holdings, while Kipling Ronald and Wallis Bradrick each held 10%.

%, Nick Courtis holds 8% of the shares.

Major shareholder Kit Valentine, as the main investor when founding the company, holds 23% of the shares, and the other 25% of the shares are publicly issued on the stock market.

Kit Valentine's shareholding ratio is less than one-third. This shareholding structure is already relatively dispersed. If Donghua collects the issued shares and recruits three major shareholders, he can break up with Kit.

.

Haru's Tavern is located on the northwest side of King's Park, far away from the Swan River, and is considered a remote place.

In the evening, in a corner of the pub hall, Kipling and Nick sat across from each other.

Kipling raised his glass, touched Nick's glass and said, "I hope we can find a good employer."

Nick took the cup and replied: "I've found it."

Kipling said: "I feel that my health is okay. The new company should have a position for me, right?"

Nick thought for a moment and said: "I have a few partners who want to join the company. One of them, Bray Gerald, was once my colleague in the investment bank. I'm afraid your career scopes overlap somewhat."

Kipling's face darkened, and it could be heard that Nick wanted to use his own staff to manage the finances of the new company, but he was still unwilling to do so. So he said: "But I don't want to lose my job. If I sell my shares, the money won't let me sit back and wait.

Die. As you know, it’s not easy to find a cushy job in Western Australia nowadays. I have bills to pay, a garden to take care of, and three children to look after.”

Nick showed a smile and said: "Sorry, after taking over the company, I can only rest assured that it will be managed by my own team.

However, I recognize your ability and I can recommend you to go to Donghua Metal to participate in financial management work. The salary will definitely be higher than now.

Donghua Metal has a huge appetite. If you can use your talents in the parent company, and the two of us work together, we should be able to rapidly expand Donghua Metal's business and strength in Australia."

Kipling picked up the cup and drank it all in one gulp, then stood up and said, "That's it. I'll leave it to you. Let me convince Wallis. Just wait for my news."

After that, he walked out of the tavern.

Nick sat in the booth and muttered: "What a stingy guy."

Then ask the waiter to pay the bill.

A few days later, Nick visited Kit at the company.

After hearing some information from Nick, Kit cursed: "Shet, our technical people can't compete with your business people. If you want my shares, you can give your new boss a 30% premium."

Nick smiled lightly and said: "They are just giving up part of their shares, you can do it too. You can continue to work in the company after giving up your shares. We need your technical support, how about that?"

Kit was stunned: "Is this okay? You mean...you will be my boss in the future?"

Nick explained: “Donghua is the one who acquires the shares, but will delegate management to us.

After Lennar's equity reorganization, its main business is to absorb excellent assets, improve operating performance, increase the company's market value, and benefit shareholders.

I will be responsible for these operations and serve as chairman of the company.

For you, you only need to sell 13% of your shares, and you are still the company's second largest shareholder.

I promise to double the company's market value within three years, and we will all reap huge benefits in the future."

Kit's eyes lit up, "What method do you want to take? Go to China to open a gold mine?"

Nick smiled and said: "Keep it secret."

Kit stood up from the sofa, "What will you do if I don't sell my shares?"

Nick said: "It doesn't matter, we will abandon Lennar and choose to acquire other listed companies."

Kit walked across from Nick, stared at Nick and said, "How much is my share worth?"

"Like everyone else, a premium of five percent to current market cap."

"I used to be the main investor of the company. How about giving me a 10% increase?"

"That's unfair to other shareholders. If I sell all your shares, I can get a premium of 6%."

"Xie Te, I hate arguing with people like you the most. Okay, I will keep 10% of the shares, and you can arrange the rest. Also, I want to meet the new boss and ask for a new share of my stock."

A job I like. I haven’t had a job for three months. Look at my belly. If I keep going like this, I’m going to get rusty.”

Nick got through Kit's work and began arranging the equity changes.

For people with a background in investment banking, the adjustment of shares in a small company like Lennar is nothing to worry about.

Chen Lidong has been looking forward to this result. He has urged Nick twice, and the second time he even expressed his intention to give up the acquisition.

Nick didn't know why Chen Lidong became so impatient. The equity adjustment had just been completed, so he immediately asked Chen Lidong for a report: "The latest situation is that Kit holds 10% of the shares, and my 8% has not changed. The other four shareholders each

Retaining 5% of the shares, Donghua Metal holds 37%.”

Chen Lidong praised: "Well done! I will sign a mandate authorizing you to serve as the chairman of Lennar Corporation on behalf of Donghua Metal. I also signed a declaration of 10% dividend rights. Also, what you said before

What is the situation at the Wilde rare earth mine?”

Nick recalled: "The rare earth mines there were discovered by Calbede Mining Company 20 years ago. Later, Aston Company acquired Calbede Company and obtained the mining rights of Wilder rare earth mines. Lennar Company participated in

In this project, according to the agreement, we hold 35% of the mining rights."

Chen Lidong said oh, and then looked at the strong wind and rain outside the window and said: "I am ready to return to China. The southern region of China is about to face a once-in-a-century flood disaster. I want to participate in rescue and disaster relief. The affairs here will be taken care of by Virgil and Lenana.

I'll leave it to you to do the follow-up work.

I have a suggestion: get all the mining rights of rare earth mines."

Nick said: "But Australia's environmental protection policy does not allow rare earths to be refined here. Otherwise, our and Aston's rare earth plants would have been put into operation a few years ago."

Chen Lidong's face tightened and he said seriously: "It's stupid. After we obtain the rights to the mine, we can just hold it and wait for the value to increase, or let the wind go and we are going to mine the ore and transport it to China for refining.

The value of rare earths is well known to everyone, and you are from an investment bank, so I don’t need to explain how to operate it later."

Nick said "swish" and it became clear.

According to his previous plan, the first step was to participate in the exploration of the land acquired by Donghua Metal, improve Lennar's performance, and then enter the mysterious Huaxia to explore for minerals.

At present, China's mineral exploration industry is relatively backward, lacking advanced theories, advanced equipment, and some hidden minerals waiting to be discovered.

Many mineral exploration companies from Sam Country, Kangaroo Country, and Canada Country want to enter China for exploration. If Lennar can enter China, it will be good news and will bring confidence to investors who buy Lennar shares. The market value will soar just around the corner.

But Chen Lidong's words of "stupid" suddenly woke Nick up.

Everyone knows the value of rare earths, and 90% of the rare earths in the world today are produced in China.

Why?

The first is that China has large reserves of rare earth mines. The second is that Lugang Rare Earth Research Institute developed advanced rare earth smelting and purification technology 20 years ago. The third is that China has low environmental protection requirements and does not hesitate to gain original wealth at the expense of the environment.

accumulation.

Kangaroo Country is a developed country that ranks high in economic strength today. Its environmental protection standards are among the best in the world. The penalties for corporate environmental violations are also quite severe. No one dares to openly touch the red line of environmental protection.

People at Aston had previously thought about building a rare earth factory in China, or entrusting Chinese companies to process rare earth products. However, large companies in China were difficult to contact, and small companies were unreliable.

But who is the boss in front of me? The biggest dark horse in China’s stock market this year is rare earths, and right in front of me is the helmsman of Donghua Environmental Protection.

Donghua Environmental Protection controls the lifeblood of the rare earth industry in northern China and has no shortage of factories, technology, and connections.

Married to China's largest rare earth company, why does Lena need to drill holes to find gold mines?

The person in front of me has it in his hand!

Only now did Nick realize that when he said the word rare earth in front of this young man, Reiner had already become prey.

As for whether we can obtain the mining rights of the Wild rare earth mine, it is very easy.

Wilder has become Aston Mining's "tasteless" company. It's a shame to give up the previous investment and continue to pay relevant fees to the government while holding it.

Aston is not a big mining company. For more than ten years, they have approached numerous investment banks and mining companies, thought of many plans, and spent tens of millions of Australian dollars.

Now, with the right price, Aston will definitely get rid of this baggage.

Nick was lucky that he got there first and allowed Liz to introduce him to this young man with magical powers.

Otherwise, the people reporting to the other party now would probably be people from Aston.

Thinking of this, Nick was not angry at all at being scolded and quickly agreed: "Don't worry, the first thing I will do after I straighten out the company is to acquire the mining rights of the Wild Mine."

Chen Lidong nodded, and then asked: "How much funding is estimated to be needed?"

Nick pondered for a while and then said: "If everything goes well, it will cost 8 million Australian dollars, but if you give me 12 million Australian dollars, I promise to get it."

"Oh..." Chen Lidong was a little worried, because in the past two months he had spent a lot of money buying mines and acquiring Lennar shares.

At the beginning, the money to register the company was transferred from the Far East, and the money from the auction of equipment was almost spent now. Huaxia flood control and disaster relief needed a large amount of financial support, and the landlords had no surplus food.

Borrowing money from the Far East? It might be a bit troublesome.

Chen Lidong rolled his eyes and said: "Nick, the company also has a batch of mining machinery worth more than 20 million yuan. You can sell it or give it to a bank for loans. You are a master in the financial world. How to use these assets is up to you. No

It’s a question.”

Nick asked hesitantly: "What devices are they?"
Chapter completed!
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