Hardy Empire 1945
Chapter 277: Plundering the minerals of Tu and Australia
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Jason brought his assistants and a team of lawyers. Hardy specially sent his own private jet for their use. Columbus followed him and arrived in Perth, the capital of Western Australia, Australia in just one day to apply for a mining license and purchase land from the state government.
Why not contact the Australian government?
Although Australia is an independent continent, it is actually a federal system, similar to that of the United States. The states have a high degree of autonomy. If you want to buy mines, you must go to the state government.
Australia has always supported private mining, so it is not difficult to apply for a mining license, because the government can get a lot of income from the mining industry. According to the law, they have to collect a 30% income tax.
Jason's team quickly got the mining license.
In fact, as long as you have a concession mining license, it doesn't matter whether you buy the land or not. As long as you get the concession mining right, the mining right in the place you applied for belongs to you, so there is no need to buy land at all.
But Hardy's obsession with land couldn't be stopped. He wanted more land, so before Jason came, Hardy specifically told him that as long as the government agreed, he planned to eat more land.
After getting the mining license, Jason asked the head of the state mining department who received him: We still want to buy some more land and plan to continue prospecting. I don't know how much land there is.
The head of the mining department smiled.
There is a lot of land.
Smilingly, he took out a map of Western Australia, The areas marked in red belong to the private sector, the areas marked in green belong to the government, and the blank areas not marked belong to the public construction areas reserved by the government. The green areas can be sold, and the price of each block is 100%. There are labels, you can have as much as you want.
Those green areas are almost uninhabited places, Gobi, desert, hills, wilderness, swamp.
These places cannot be farmed or grazed, so no one wants them at all.
As for the price.
According to different plots, the price is 3-6 Australian dollars per hectare.
Is it cheap?
It's not cheap at all.
A large ranch owner in Australia later sold a piece of 11 million hectares of land for 325 million Australian dollars.
What is the concept of 11 million hectares?
It is as big as Zhejiang province.
The equivalent of 1 hectare is only 30 Australian dollars.
That acre of land is only 2 Australian dollars.
This is still in 2015, and the family is a pasture and can raise cattle.
Now in 1948, it was 3-6 Australian dollars per hectare. It can be seen from this that the land value in Australia is extremely slow, and the investment is not meaningful.
Moreover, most of the land in Western Australia is very barren and not suitable for grazing at all, so if there are no mineral deposits, the land is worthless.
Even if it is your own land, if you find mineral deposits on it, you still need to pay mining tax to the government if you want to mine, and it is a lot of money, so many people feel that buying these lands does not make much sense.
It is nothing more than that after the land is privately owned, others cannot mine on your land.
Jason asked his assistant to do the math, and the land with green marks actually reached 100 million hectares. Western Australia is Australia's largest state, accounting for one-third of Australia's total area, 264 square kilometers, 264 million hectares.
The government reserves part of the public land, which can be sold to reach 1 million square kilometers, and it will cost 450 million Australian dollars, or about 390 million US dollars.
This investment is too big, and Jason can't decide.
He immediately telegraphed Hardy to report.
Hardy was also stunned after receiving the telegram. He knew that Australia has a lot of land, but he didn't expect the Western Australian government to sell so much land at once. At that time, his idea was that the other party was willing to give away a few pieces of land, millions of hectares It's amazing, but I didn't expect to sell so many.
to be frank,
Hardy was moved.
This may be the desire for land in the bones of the Chinese people.
Even if it is a barren land, owning a piece of land makes Hadi feel at ease, but at a price of 390 million, Hadi still feels a lot of pressure.
Although he owns Wells Fargo and Wells Fargo has more than one billion assets, the money is not Hardy's, but depositors'.
When Hardy acquired Wells Fargo, he borrowed 160 million from Bank of America.
Later, he bought shares in Bank of America and borrowed another 380 million.
Although Hardy's business is very profitable, but his development speed is too fast, and his debts are also very high. He doesn't care about hundreds of thousands or millions, and tens of millions can be scraped together. If you want to use 390 million at once, let alone him , Bank of America should carefully check whether the investment is worth it.
Investing in land, the value-added speed is extremely slow, which does not meet the requirements of capitalists at all.
The land in Western Australia has no real estate development value. If there are no mineral deposits under these lands, then these lands are worthless. This is a very failed investment.
For the Western Australian government.
sell land,
If you earn more money from selling land, you will still pay the same tax when you open a mine.
You do not buy.
it doesn't matter,
Mining is also taxed.
So people don't lose anything.
Hardy's money is nothing more than buying an exclusive mining right, and others cannot mine on your land.
Hardy stroked his chin.
Damn it, I was just planning to have a little fun, but I didn't expect it to become a big deal. Hardy murmured.
In fact, if he only mines the gold mine, he can do it now without such a large investment. The main reason is that he is a little unwilling to buy such a large piece of land.
And he knows.
There will definitely be mineral deposits in these lands.
According to later statistics, 98% of Australian iron ore comes from Western Australia, and other minerals such as gold, copper, aluminum, coal, etc., also account for more than half of Australia, as well as oil and natural gas resources.
If you buy it now.
The land belongs to oneself, others don't want to mine on their own site, all underground resources belong to Hadi.
If it were later generations, the Australian government would dare to sell land like this, and the Rabbit Country would dare to wrap him up, but now in the 1940s, hundreds of millions of dollars are an astronomical sum.
Hardy thought for a long time, and finally his eyes flashed resolutely.
Sell~!
Lao Tzu came to this world with a lot of tossing, and since there is this opportunity, let’s toss well.
Hardy called the secretary.
Which country is Andy's delegation in?
Every time Andy and the others went to a country, they would send telegrams to Hardy to inform them of the situation, so that Hardy could keep track of their movements and progress.
In Denmark, the next itinerary will be Norway, Sweden, Finland, Iceland, the secretary said.
Send a telegram to Andy and say that I told him to come back, and the president of Wells Fargo will be in charge of the delegation. Hardy ordered.
Hardy is not very interested in investing in the five Nordic countries, and he is dispensable in his business map.
In addition, send a telegram to Jason and tell him to buy the 20 square kilometers of land around the gold mine first, and then continue to talk to the Western Australian government to ask if it can be cheap, don't worry, I will go with Andy later.
And tell Columbus to find a more professional team to determine the reserves and taste of the gold mine.
What came to mind at the end.
Tell Andrew to secretly absorb Nawash Mining's stock as much as he can, but be careful not to let the stock price rise quickly.
The secretary wrote everything down in the notebook, turned around and went back to inform.
Hardy took out a cigar from the box on the table and lit it, and continued to plan in his mind. In the past, the White Wolf had been empty-handed several times, but this time it was not impossible.
Andy returned to Los Angeles two days later.
Boss, what's the matter with you looking for me in such a hurry? Andy asked.
Columbus found a big gold mine in Australia. I asked Jason to go through the formalities. He said that the Western Australian government has a large land for sale. I plan to buy more, so I asked you to come and do this together. Hardy said.
Andy knew that when the boss called him back, it was definitely not an acquisition, because millions or even tens of millions didn't need to call him at all.
I plan to buy 1 million square kilometers of land, with a total price of about 400 million US dollars. Hadi said.
Andy's eyes widened in shock.
What is the concept of 1 million square kilometers, which is equivalent to the area of 2 France and 4 Britain.
The Western Australian government is willing to sell so much land at one time, is this not in line with the government's development law? Andy asked in surprise.
The places they sell are all next to the wilderness and hills, and there is no possibility of development except for mining.
I asked Jason to find out. It is said that the current Western Australian government is breaking up with the Australian government. In fact, a referendum has been held a few years ago, but it was unsuccessful. As for the large-scale land sales, it seems that the opposition is organizing this matter. , after all, it's their internal affairs.
Selling land isn't really a big deal, it's just that this time, it's a little bit more released at one time.
Andy thought of $400 million, looked at Hardy and said, Boss, what are you going to do?
I plan to fry up Wash Mining and use the funds of Wash Mining to get the land. Then he told Andy about the plan he had thought of in the past two days.
Andy nodded after listening, I think boss, your plan is feasible!
Hehe, then I'll leave it to you. Hardy said with a smile.
the next day.
Andy first found the bank. In the past, in order to obtain funds, Walsh Mining had mortgaged the stock in the Los Angeles City Bank, and this time he took it all back.
Continue to operate Walsh Mining on the stock market, and slowly absorb the few outstanding shares.
People were surprised to find that Wash Mining, which had a very average performance, began to climb continuously these days. Although nothing could be seen in a day, people found that it had risen a lot in the past week, and now the price has become about 1.5 US dollars. .
Many people have analyzed what caused the rise of Walsh Mining. Does anyone intend to manipulate this stock to play a wave.
But people quickly abandoned the idea.
Those companies that operate stocks, they dare to play small stocks, but they absolutely dare not slam the companies of the Hardy Group. The Hardy Group itself is very strong. It is still the core family of the California consortium, and even Wall Street people will not be stupid. To provoke a consortium.
Then there are two other reasons.
One is that the Hardy Group has raised its share price to prepare for shipment, and the other is that there is some good news, and the Hardy Group is absorbing it by itself.
The shipment doesn't make much sense to the Hardy Group. That's the reason for the good news. Thinking that Wash Mining is a mining company, it has been two years and it should break out, so many people speculate that Wash Mining may have discovered it. What a big mine.
That's right,
Guessed right by these smart investors.
It didn't take long for some gossip to spread, and Walsh Mining discovered a large ore vein, and someone secretly told others on the exchange:
I heard from my friend's friend that the prospecting team of Walsh Mining has found a gold mine in Australia, and it is still a big gold mine. I heard that the vice president of the group has been arranged to go to Australia to obtain mining rights, so people keep attracting Navo Shares of Shih Mining.
The news spread, and more attention was paid to Wash Mining.
Naturally, some people also rushed into the shares of Walsh Mining and started buying. Seeing that the share price of Walsh Mining has risen considerably.
The stock price reached $1.8 per share.
Many people inquired whether the news was true. Instead of waiting for the news, they waited for the notice of Walsh Mining's name change.
Formally notified that Walsh Mining changed its name to Hardy Mining.
Many people think that Hardy Group has not changed its name for several years after acquiring Walsh Mining, and now it suddenly changes its name. This is a big move.
A few more days passed.
Hardy Mining officially announced that the mining company has explored a gold mine in Australia, and now it has obtained mining rights. The ore has high grade and large reserves. The total reserve is estimated to be about 500 tons of gold, and further exploration is currently underway.
Columbus said 200 tons, and the data released to the public has been slightly improved. Is it an estimate? No one can say for sure.
As soon as the news came out, the market went crazy.
No wonder,
You know something good is going on, otherwise it would be impossible to move frequently.
500 tons of gold reserves, even if calculated at the current dollar gold fixed rate of $35 per ounce, the value has reached more than 600 million.
In the past, the total market value of Walsh Mining was only 10 million, but now we have a gold mine worth 600 million, everyone can imagine Walsh Mining, no, now it is called Hardy Mining, everyone can imagine Shares of Hardy Mining are about to take off.
Countless people began to frantically snap up the shares of Hardy Mining, and the stock price of Hardy Mining was rapidly increased. It took only a few days to rise from 1.8 US dollars per share to 11 US dollars, which was more than 6 times higher. Take it easy.
Immediately afterwards, Hardy Mining issued a notice that in view of the stock situation, the company was going to split the stock, one share into four shares.
The stock split is another piece of good news.
The stock skyrocketed again, from $2.75 post-split to $3.30 again.
A few more days passed.
Hardy Mining officially issued a notice. Hardy Mining conducted a second detection of the gold mine. The detection results showed that the gold content of the ore reached about 10 grams per ton, and the total reserves may exceed 800 tons of gold. It is a rich mine.
At the same time, it announced the establishment of Hardy Mining Australia Branch, ready to fully carry out gold mining business. Hearing this news, Hardy Mining's share price soared again.
Hardy's idea is very simple, that is to drive up the stock price of the mining company crazily, let the mining company create its own blood, and use the money from the stock to buy land.
Using mining company money to buy land for mining should be the most formal operation.
......
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