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Chapter 796: Chapter 693 Big Deal (Please subscribe!)_1
Chai Ren’s plan was excellent, aiming to share the risks.
However, Tang Qing also had his own agenda. This was a rare opportunity.
Such a freely available deal was of course to be taken. Even though Chai Ren might be taking advantage of him, at this stage of their relationship, there was no such thing as being used. This was a mutually beneficial situation.
"The specific investment amount hasn’t been determined since there are many parties involved in these mineral deposits. How much we can secure depends entirely on our capabilities," Chai Ren explained.
Tang Qing laughed and said, "That’s fine, I’ll just provide the money. You take care of everything on the Congo Gold side. Once you’ve made the arrangements, have a mining company under your control get in touch with one under my control, and we’ll cooperate on the mining."
"You also have a mining company?" Chai Ren was taken aback.
Tang Qing nodded and said, "Yes, it was recently established. Do you remember that Saudi prince, Ayman? He invited me to extract oil in Algeria. Seeing that there were also many mines there, I invested in a few."
Chai Ren was shocked.
He truly didn’t know that Tang Qing had ventured into the oil industry with Ayman.
That would require a lot of money.
Tang Qing’s money... alright, Chai Ren came up with his own conclusion. Tang Qing would definitely not lack money. He had too many channels, whether it was friends or Tang Kai, they were all wealthy people.
Once again, Chai Ren felt like a poor person in front of Tang Qing.
This time, for the mines.
He could only afford to put up two hundred and fifty million US dollars, this included his family’s almost entire operating funds and dividends from the Africa United Mining Group. If he were to do it alone, he would be lucky to be able to afford fifty million US dollars.
But when Tang Qing stepped in.
He dared to put everything on the line.
"Alright then, I’ll get in touch with the mineral deposits, how much can you put up?" Chai Ren asked, excited.
Tang Qing’s responded with a smile, "It depends on how big your appetite is. However much you can secure, I can swallow up."
This was a very domineering declaration.
Chai Ren was once again stunned. Thinking back to every time he did business with Tang Qing, it was always the same - however much was missing, Tang Qing would cover the rest. Chai Ren was again gloomy; why couldn’t he be as carefree and domineering?
He felt as though his status as a ’super second-generation’ was false.
Showed his helplessness by saying, "Okay, if we go all out to get the mine, I estimate that the mining rights to the deposits we can secure won’t be less than 800 million US dollars. I only have 250 million US dollars, the rest..."
"I can accept anything up to a billion US dollars," Tang Qing said nonchalantly.
Chai Ren took a sip of water.
He glanced at the decoration of the villa.
Once again reinforcing the idea to himself that Tang Qing was wealthy.
A billion US dollars.
God damn it.
He didn’t even blink an eye.
Are you sure you don’t have a bank at home?
"Little Tang, why, why are you so wealthy being like this? I can’t accept it," Chai Ren made a bitter face. Indeed, even after turning it over in his mind several times, he still couldn’t accept the fact that Tang Qing was wealthier than him to this extent.
"We specialize in treating all kinds of disagreement," Tang Qing glanced at him.
Chai Ren pretended to be upset and said, "No, I want to fight the local tyrant. Otherwise, I will feel stifled. You have so much money, I have decided to help you spend it, bring back five cases of wine."
At Tang Qing’s place, he figured that this was the only thing that might make Tang Qing wince. Unfortunately, that was just water for Tang Qing.
"What ambition you have! I’ll give you ten cases." Tang Qing deeply despised him with a glance.
Chai Ren was pleased, "That’s spirit! This trip was not in vain! What a life of toil..."
"..."
After discussing the serious matters.
Tang Qing and Chai Ren chatted about various topics in the living room.
In the end, the conversation even reached the topic of children.
"Let me tell you, ever since I got married, my mother and mother-in-law have been urging us to have children. But you can’t just make a baby appear out of thin air. It’s truly frustrating. Zhan Xi’s mother gives me all kinds of supplements every day, the look in her eyes makes me feel uncomfortable," Chai Ren said with a shudder.
"..."
Tang Qing was speechless. Why would Chai Ren discuss having children with him?
Chai Ren suddenly asked, "Little Tang, how many children do you plan to have?"
"Uh...two, I guess..." Tang Qing felt that two was about right. Anything more would be too troublesome. One boy and one girl would be best.
Chai Ren slapped his thigh and said, "Good, that’s settled then. In the future, my kid will definitely be older than yours. We can become godparents. Haha... you need to prepare the gifts in advance."
"..."
Watching Chai Ren, who was slightly lost in his fantasies, Tang Qing took a seat next to him.
After their jokes, Chai Ren regained his composure.
He started to contact Fuloz to arrange this affair instantly. Fuloz was delighted when he heard about Chai Ren’s big plan. Everyone likes familiar business partners, and Chai Ren and Fuloz had a schoolmate relationship, which makes them close to each other.
But his appetite was beyond Fuloz’s expectation.
No other words needed to be said.
After hanging up the phone.
Fuloz began to mobilize his power, contacting several second-generation friends to start operating this business. They were the most eager batch of people, the sooner they settled it, the sooner they could relax and get dividends.
After that.
Chai Ren contacted his company to start the journey and meet with Wan Qing Mining, to begin the preliminary preparation work. Originally, Tang Qing planned to enter the mineral industry slowly next year.
But since Chai Ren wanted to play.
He decided to join in, it was just a matter of time anyway.
Upon hearing that Tang Qing was to complete such a large acquisition.
Qu Shan, the CEO of Wan Qing Mining, was extremely excited.
"But, Chairman, what about the source of money?" Remembering the nearly billion-dollar deal, Qu Shan couldn’t keep his calm. However, Wan Qing Mining simply could not afford that sum.
Even total mortgage would be useless, not to mention they couldn’t mortgage a loan in US dollars. You must know that American banks won’t just agree to a loan because your company has assets, a series of reviews are inevitable.
Given the financial status of Wan Qing Mining.
No need to even think about it.
Those American banks wouldn’t lend.
"Don’t worry about that, the money will appear in the company’s accounts when it’s needed," Tang Qing didn’t elaborate further. This acquisition was not a simple overnight affair. It would take two to three months.
So he didn’t have to put up the money now.
Two to three months later...
The gold mine in Algeria would be generating considerable output. Then, it could be mortgaged directly to the Myanmar Bank Group, and a billion-dollar loan could be taken out anytime. The funding wasn’t a problem at all.
Luckily, business in the territories had been great recently.
Under Ling’s encouragement, the fruit wine dealers had all deposited their dollars into the Myanmar Bank. The Myanmar Military Services Company also saw some dollar revenues, otherwise, the dollar reserves of the Myanmar Bank wouldn’t be enough.
"I understand, I will send people to Congo Gold immediately," Qu Shan was full of energy.
"Right, tell them to be careful," Tang Qing cautioned.
"Yes, Chairman," Qu Shan promised.
After hanging up the phone.
The two finally arranged the cooperation properly.
What’s left is for the personnel of their companies to coordinate.
On the side note, Tang Qing sent an email to Dou Jiao to let her know about it. This time Dou Jiao did not call back because she knew that Tang Qing had decided and it was a business deal with Chai Ren, she would not be able to persuade him.
She could only silently work behind the scenes.
To reduce the risk to a minimum.
