"Is it just the scope of private mining? It seems that the country is still a little careful about investment in foreign mining." Yang Jing touched his chin and narrowed his eyes and thought to himself.

Seeing Yang Jing showing this expression, Guo Dabao shut up tactfully. After a while, Yang Jing asked: "Uncle Guo, have our scope of survey rights determined? Also, if we get it, how large is the scope of survey rights? If a mine is discovered, how is the equity ratio distributed to PNG?"

Guo Dabao said: "The specific scope has not been determined yet, but the general scope is temporarily determined on Irian Island. Of course, if we can discover mineral resources in other provinces of the country, we can also apply for survey and development in those provinces. In general, now we have funds and exploration and mining technology. The Papua New Guinea government hopes that we will use the mineral resources in the past in the past. As for the allocation of equity ratio, it is said that if mineral deposits are found, the equity allocation ratio between us and the Papua New Guinea government is temporarily determined to be between 75% and 25%. We occupy 75% of the shares of the new mine, while the Papua New Guinea government invests in mineral resources and obtains a 25% ratio."

Yang Jing was slightly surprised and said, "Uncle Guo, this proportion is generous enough."

Of course, Guo Dabao could hear which party this so-called "generous" refers to. In underdeveloped countries like Papua New Guinea, the Papua New Guinea government can directly occupy 25% of the shares by investing in mineral resources. This can only be said that the Chinese government is too generous.

You should know that almost all the mines in Papua New Guinea are now controlled by large foreign mining companies. For example, the largest copper mine in Papua New Guinea, the Panguna copper mine on Bougainville Island, is one of the largest copper mines even if you look at the world. However, nearly 60% of the controlling stake in this copper mine has always been controlled by Rio Tinto. Even though 27% of the huge copper mine is held in private hands, most of the people who hold these shares are from Australia's rich people.

There are also the two largest copper and gold mines in Papua New Guinea, the Lihir Island Gold Mine on Lihir Island and the Porgela copper and gold mine in the middle of Irian Island. Their controlling shares are controlled by large foreign mining companies such as Rio Tinto and BHP Billiton. You should know that the proven gold reserves of the Lihir Island Gold Mine alone are as high as 573 tons, and the Porgela copper and gold mine reserves are also 420 tons. These are large gold mines worth over 10 billion US dollars.

It can be said that almost all the potential mineral resources in Papua New Guinea are controlled by mining companies abroad, especially from Australia. The poor Papua New Guinea government clearly has a huge amount of high-quality mineral resources, but it is difficult for it to obtain enough benefits from these mineral resources.

There is no way, this is the sorrow of underdeveloped countries. If you don’t have national strength, you will inevitably be bullied!

Now the Chinese government has directly promised to give the Papua New Guinea government 25% of the shares. What is this not generous?

Of course, the considerations of the senior management are definitely not something that ordinary people like Guo Dabao or Yang Jing can think of. The reason why the senior management is the senior management is because they stand high and have a high perspective, so they can think about things from the perspective of the interests of the entire country.

Guo Dabao pointed helplessly and said, "Don't you know the situation of our company? Such shares are not something I can decide at all. However, if these 25% of the shares can really be exchanged for a precious metal ore with low mining costs and high reserves, it is actually very worthwhile. So, wouldn't I just find you? Xiaojing, if we throw out 25% of the shares, it is equivalent to throwing out 25% of the profit. Therefore, whether our entry into international precious metal ore can start depends on you."

"Me?" Yang Jing pointed to his nose, then shook his head and said, "Uncle Guo, don't look too much from my expectations. I don't know if this great qi-looking technique can be used to find precious metal minerals, so, don't expect too much."

"No problem, definitely no problem!" Guo Dabao was obviously very confident about the so-called "Great Qi-Looking Technique". He rubbed his hands and said, "Xiao Jing, do you think this will work? Let's go to Papua New Guinea tomorrow or the day after tomorrow. You can try whether your Big Qi-Looking Technique works. After the result, let's talk about other things carefully. Oh, by the way, Xiao Xiang just flew from Algeria to Papua New Guinea last week. Things in Algeria have completely gotten on track. Xiao Xiang can come here to preside over the work."

When Guo Dabao mentioned his son Guo Xiaoxiang, he looked full of pride. It was obvious that Guo Xiaoxiang had done a good job in Algeria these days, otherwise Guo Dabao, the father-in-law, would not be so proud.

"Xiao Xiang is also in PNG?" Yang Jing asked in surprise. He hadn't seen this fat man who had successfully lost weight for a while. Now when he mentioned this guy, Yang Jing was quite excited. "Uncle Guo, then I'll go with you. PNG is not very far from China."

"Okay, then I can arrange to book a flight? By the way, do I need to apply for your passport?"

Yang Jing shook his head and said, "No need, I am now taking a Cyprus passport and a dual passport from the EU. You can go to Papua New Guinea to get a visa directly on the spot for 60 days."

Guo Dabao shook his head helplessly and gestured to Yang Jing with a big thumb, as if he envied the benefits that a guy with a double passport could enjoy.

Guo Dabao was doing business very quickly. In just one day, he called Yang Jing and told him that it was a flight tonight and that the ticket had been booked. He had dinner together in the evening and then could go directly to the Capital Airport to take the plane.

Yang Jing guessed that Guo Dabao had completed all the procedures early and was waiting for him. However, since he promised him to go to Papua New Guinea, Yang Jing drove the princess to Guo Dabao for a sumptuous dinner, then said goodbye to the reluctant princess, and boarded the flight to Singapore with Guo Dabao and seven or eight entourage staff.

There is no direct flight from Yanjing to Papua New Guinea. Instead of taking domestic flights to transfer and stopping everywhere and finally reaching Port Moresby, Yang Jing and the others might as well take a plane to Singapore first, and then transfer from Singapore to Port Moresby, the capital of Papua New Guinea.

This route is more reliable than a flight from the capital to Port Moresby, and there is little time to delay in the middle.

Yang Jing and Guo Dabao were in first class, and those entourages could only take business class.

When I boarded the plane from the capital at night, it was still cold and cold. As a result, when I arrived in Singapore, I was so hot that I could not remove all my skin. When the plane took off from Singapore and flew eastward and crossed the equator, finally landed at Jacksons International Airport in Port Moresby, the hot flash that came to my face made Yang Jing unable to stand it.

Yang Jing has a strong body, so although he is not fat, he is afraid of heat or cold. Compared to the hot flash saunas in Port Moresby, which is located about ten degrees south latitude, Yang Jing prefers the cold cold that is frozen for thousands of miles in the Arctic.

From the VIP room in Singapore, Yang Jing and his group changed into colorful casual summer clothes. Yang Jing was wearing extremely fancy Aloha shirt. He didn't look like a person who came to inspect a billion dollar business, but more like a tourist coming to travel and vacation.

The group didn't have much luggage, it was just some changes of laundry and some simple information.

I have to say that there is definitely a reason why Guo Dabao can make his business so big. One of the most important reasons is Guo Dabao's personality.

Although this fat man looks wide and fat, he looks happy all day long, like Maitreya Buddha, but through this period of contact with Guo Dabao, Yang Jing discovered a very decisive side of this person's personality.

As long as Guo Dabao determines what he is, he will often be very decisive. With his sharp eyes and meticulous thoughts, this decisive personality will often allow him to seize the flash of business opportunities and gain the greatest benefit in it.

Just like this trip to PNG, if it were another mining company, it would usually be inspected first and then again. If you don’t look at it three or five times, you will never invest rashly.

But Guo Dabao is different. After learning that the country has listed four private mining companies, including Rongbao Mining, as the first list of entry into Papua New Guinea, he immediately set out to Papua New Guinea. After staying in Papua New Guinea for more than ten days, he immediately decisively invested more than 20 million national currencies and established the Rongbao Mining Port Moresby branch in Port Moresby, the capital of Papua New Guinea.

At this time, the other three qualified mining companies in China are still under investigation.

It is far from enough to establish a branch just because Guo Dabao decisively transferred Wu Zepeng, the boss of Yanjing branch, to temporarily be responsible for the work here.

Unlike Zhao Meng, who is far away in San Francisco, Zhao Meng can only be regarded as Guo Dabao's partner, while Wu Zepeng is Guo Dabao's real right-hand man and confidant. He has followed Guo Dabao since Guo Dabao started his business and has been around until now.

In the first half of the year, Yang Jing had a drink with Wu Zepeng for the work of Jiang Bin's ex-wife Zheng Yating.

So Yang Jing is very clear about Wu Zepeng's ability. He is in charge of the newly established Port Moresby branch, which he just built, and Yang Jing is also very relieved.

After leaving the airport, Yang Jing saw Wu Zepeng taking three people outside the gate. Because Yang Jing and his group had nine people, Wu Zepeng brought three cars, all of which were high-power off-road vehicles.

After all, Papua New Guinea has a lot of mountainous land, and most of its mineral resources, especially metal minerals, are mostly divided into mountainous areas, so using such high-power off-road vehicles is much more reliable than those cars.
Chapter completed!