This is the key to why Qian Wenhan is finally willing to invest and hopes to use more funds to hold more shares.

Cao Mo naturally saw Qian Wenhan's confusion, but he couldn't tell Qian Wenhan that almost all of Drake's management team members, especially those from the Akan and Kanwa ethnic groups, were from

Moderate, he can see through this at a glance.

Stru Company was forced to evacuate Akwa that year, but a large number of engineering and technical personnel, operations management and skilled workers hired from the descendants of the colonists and the local Akan and Kanwa people were actually still there, even though most of them were still there.

It has been abandoned for ten years, but the foundation and foundation are still there.

Therefore, Cao Mo did not find it too strenuous or difficult to build an operation team and a team of employees.

The formation of a team of plantation workers is even simpler. There is a tradition of growing cocoa locally, and tribal chiefs also like to hire more educated descendants of colonists at low wages to manage and operate plantations.

When Cao Mo personally presided over the recruitment, he could weed out those with extreme ideas by simply asking a few questions.

It’s just that the whole process was extremely hard. During this period of time at Drake, he also took the initiative

If you have contact with grassroots employees, the purpose is to detect bad signs in time and nip them in the bud.

The US$300 million injected by Qian Wenhan and Xinhai Gold can basically only be used to support the second phase of the construction of the first mine. However, the potential of the Wusang River copper and gold mine has been clearly understood. Qian Wenhan came here this time.

The purpose is to discuss the next medium and long-term development plan for the east bank of the Wusang River.

The Wusang River Copper and Gold Mine is expected to mine two million tons of copper concentrate per year, and its mineral processing scale and development plan have far exceeded the construction scope of the mining area itself. The relevant research institutes were also asked to make two sets of corresponding plans.

First of all, to reach this level of mining, the number of local employees will exceed 20,000, including their families, which is the population size of a small city. Now it is necessary to coordinate the construction of employee communities and white communities for planning, and it may be necessary now.

Promote the Drake Regional Government to plan and build a new urban area on the east bank of the Usan River.

Secondly, the Akwa authorities are still encouraging copper concentrates to be smelted domestically and then exported, even for the sake of tariff reductions and transportation cost savings. In the future, they need to consider whether they will be wholly owned or jointly owned by Xinhai Gold in Germany.

Lake invested in building a copper smelting plant to refine blister copper and gold for export.

However, Drake's existing old thermal power plant that has been in service for more than 30 years and two small hydropower stations are far from being able to support the power supply. Energy and power companies need to be introduced to invest in the construction of new thermal power plants;

The power grids on both sides of the San River also need to be re-planned and constructed.

There is also the capacity bottleneck on the Krono-Pemme Railway and Pemme Port that needs to be resolved.

Don't expect others to provide help in times of need for no reason. These things need to be directly led by Yibagu Mining or introduce new strategic partners to complete.

Qian Wenhan has sufficient funds, and Cao Mo hopes that when he comes here this time, he can negotiate an injection of capital into Cornero Energy, and then acquire the Drake Thermal Power Plant in the name of Cornero Energy, and first conduct technical work on power generation equipment and regional power grids.

Upgrading and transformation will initially improve the power supply capacity and stability, laying the foundation for subsequent new power plants.

At this time, Yibogu Mining had no ability to build a large-scale copper smelter. Xinhai Gold also made very prudent investment decisions and would not rashly spend hundreds of millions of dollars to build a factory in Drake in the short term.

It makes no sense for the two of them to invest in building one or two small and medium-sized copper smelting plants in Drake, but they can attract domestic small and medium-sized investors to build small and medium-sized copper smelting plants and various copper parts processing plants in Drake, helping

They digest a batch of copper concentrate on site, which can more or less reduce the transportation pressure on the Krono-Peme railway.

The copper ore was smelted into crude copper and gold, and the transportation volume was reduced to one-fifth of the previous volume.

Cao Mo gave away part of the transportation cost savings and tariff reductions, and it was definitely profitable for investors to build small and medium-sized copper smelters in Drake.

Of course, this premise must first solve the problem of power supply shortage.

Qian Wenhan will not refuse to invest in Cornero Energy.

Upstream power supply, mid-end copper concentrate mining and selection, and downstream ocean transportation, this is an investment logic at the end of a long industrial chain. He has the financial strength to participate in the construction of upstream and downstream links. In the end, when it is mature, every link will naturally

All will return huge profits.

Whether it is Cornero Energy or the Gulf of Guinea Shipping and Mining Company, they will have business related to the Usan River copper-gold concentrate in the future, but they have not focused on this, which is equivalent to diversifying the investment risks of this long industrial chain.

Go out a lot.

The key is how to use the bargaining chip to intervene in Cornero Energy. This will have to be negotiated with Dongsheng and Draculamo Power Supply Group, the two major shareholders. Cao Mo can only push it from the side. He has completely withdrawn from Cornero Energy.

.

Of course, Dongsheng is currently short of funds and may directly sell part of its shares in Cornero Energy.

"Does Cornero Cement under your name open up the investment gap?" Qian Wenhan asked with concern.

"It's not that I don't want to open it. I really don't know how to quote the price to satisfy both parties..." Cao Mo said with some embarrassment.

Cornero Cement's total assets total US$120 million. After deducting the US$40 million payable to Taihua Group for the acquisition one and a half years later, the actual net assets are only US$80 million, but Cornero Cement's annual profit

The ability has been able to achieve the goal of 100 million.

How should Cornero Cement be priced to satisfy investors?

What's more critical is that Ibogu Mining has invested US$300 million in capital, and the price of gold has continued to surge this year. Its hematopoietic capacity is expected to reach US$100 million to US$150 million, which has completely solved the problem of hunger for funds in a short period of time.

Ibogu Mining does not need blood transfusions for the time being. Cornero Cement's monthly net profit of 8 million to 10 million US dollars is enough to maintain the expansion around it. Even before the Spring Festival, Cornero Cement will directly start up with an annual production capacity of up to 2 million US dollars.

The third plant has a production capacity of 50,000 tons of finished cement, a higher level of production technology and higher investment costs, as well as the construction of a dedicated terminal of 50,000 tons. It can also be completely self-sufficient in funding.

After the completion of the third plant and the completion of the acquisition and upgrade of the Cotonou cement plant in Benin, the annual production capacity of Conero cement will increase by leaps and bounds to 5 million tons; and when the 50,000-ton dedicated terminal is completed, sales will radiate.

The annual profitability of the entire Gulf of Guinea coastal countries, and extending further to Central and South Africa and northwest Africa, is expected to increase to US$150 million to US$200 million.

Metal copper and gold prices are directly linked to international futures, and copper concentrates are mined and are not even affected by fluctuations in local currency exchange rates.

For Cornero Cement, which is mainly produced and sold in West Africa, the situation is completely different.

Cao Mo can currently only guarantee to gradually reduce the production cost of Cornero Cement, improve product quality and market competitiveness, and continuously improve the sales model in the downstream market. However, in addition to the price fluctuations of finished cement in West African countries, the final profit level is

, is also directly linked to the stability of the local currency.

One day when Kanem's economic growth slows down, the exchange rate of the local currency Naira will plummet, and Cornero Cement's US dollar profit will also plummet. This is because the RMB exchange rate has remained stable all year round and only fluctuates within a very small range.

They are two completely different concepts.

"Mr. Qian, you are really interested in Cornero Cement. I can sell you 5% of the shares for US$30 million. If you want more shares, the price is too low, but if I raise the offer

, you will definitely consider that there are too many and complex factors that will interfere with Cornero Cement’s market in West Africa!”

Cao Mo was willing to symbolically sell a small portion of Cornero Cement to Qian Wenhan, not only because he wanted him to participate more deeply in investment in West Africa, but also because he saw the strength of Qian Wenhan and Ge Jun in capital operations.
Chapter completed!