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Jason brought his team of assistants and lawyers, and Hardy sent his own private plane to them. Columbus followed, and arrived in Perth, the capital of Western Australia, in just one day to apply for a concession license and purchase land from the state government.
Why not contact the Australian government?
Regardless of whether Australia is an independent continent, it is actually a federal system, which is similar to the United States. The states have high autonomy. If you want to buy mines, you must find the state government.
Australia has always supported private mining, so it is not difficult to apply for a concession mining license, because the government can obtain a lot of income from the mining industry. According to the law, they have to charge a 30% income tax.
The Jason team quickly obtained the mining license.
In fact, as long as you have a concession mining license, it does not matter whether you buy or not buy the land. As long as you get the concession mining right, the mining right of the place you apply for belongs to you, so there is no need to buy land at all.
Hardy's obsession with land can't be sustained. He wanted more land, so before Jason came, Hardy specifically asked that he planned to eat more land as long as the government agreed.
After obtaining the mining rights, Jason asked the director of the state mining department who received him: "We still want to buy more land and plan to continue prospecting. I don't know how much land is left."
The head of the mining department smiled.
"There is so much land."
He smiled and took out a map of Western Australia, “The places marked in red belong to private individuals, the places marked in green belong to the government, and the blank areas not marked belong to government-owned public construction areas. Green places can be sold, and the price of each piece is It’s marked, you want as much as you want."
Those green areas are almost all uninhabited places, such as Gobi, deserts, hills, wilderness, and swamps.
These places cannot be cultivated or grazing, so no one wants to.
As for the price.
Depending on the plot, the price is 3-6 Australian dollars per hectare.
Is it cheap?
It's not cheap at all.
Later, the owner of a large rancher in Australia sold an 11 million hectares of land at a price of 325 million Australian dollars.
What is the concept of 11 million hectares?
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 they are pastures and can raise cattle.
Now in 1948, 3-6 Australian dollars per hectare, it can be seen from this that the rate of land appreciation in Australia is extremely slow, and investment is of little significance.
Moreover, most of the land in Western Australia is very barren, which is not suitable for grazing at all, so if there is no mineral deposits, the land is not worth a penny.
Even if it is your own land and you find mineral deposits on it, you still need to pay the government a mining tax if you want to mine, and there is a lot of money, so many people feel that buying these land is of little significance.
It's nothing more than that after the land is privately owned, others cannot mine on your land.
Jason asked the assistant to do the math, the land with green signs actually reached 100 million hectares. Western Australia is Australia's largest state, accounting for one third of Australia's total area, 264 square kilometers and 264 million hectares.
The government reserves part of public land, which can sell 1 million square kilometers, and it will cost 450 million Australian dollars, or about 390 million US dollars.
This investment is too big for Jason to be the master.
He immediately telegraphed Hardy to report.
Hardy was also stunned after receiving the telegram. He knew that Australia had a lot of land, but he did not expect that the Western Australian government would sell so much land at once. At that time, his idea was that the other party was willing to take out a few pieces of land, one million hectares. It's incredible, but I didn't expect it to sell so much.
to be honest,
Hardy was very tempted.
This may be the longing for land in the Chinese people's bones.
Even if it is barren land, Hardy feels at ease to own a piece of land, but with a price of 390 million, Hardy still feels very pressured.
Although he has Wells Fargo Bank, which has more than one billion assets, the money is not Hardy's, but depositors.
When Hardy bought Rich Country, he borrowed 160 million from Bank of America.
Later, he bought shares of Bank of America and borrowed another 380 million.
Although Hardy’s industry is very profitable, he has developed too fast and his debts are also very high. He doesn’t care about hundreds of thousands of millions, and tens of millions can be pooled together, but he needs to spend 390 million all at once, let alone him. , Bank of America must also carefully calculate whether this investment is worthwhile.
Investing in land has a very slow rate of appreciation, which does not meet the requirements of capitalists at all.
The land in Western Australia has no value for real estate development. If there is no mineral deposits under these land, then the land is worthless. This is a very failed investment.
For the Western Australian government.
Sell land,
Earn more money from selling land, and you still pay the same tax when you open a mine.
You don't buy it.
Doesn't matter,
The same goes for paying taxes for mining.
Therefore, they are not at a loss.
Hardy's money is nothing more than buying an exclusive mining right, and others can't mine on your land.
Hardy stroked his chin.
"Damn, I was just going to play with it, but I didn't expect it to be a big deal," Hardy murmured.
In fact, if he only mines that gold mine, he can do it now, and he doesn't need such a big investment. The main reason is that he is a little unwilling to see such a large area of land and refuse to buy it.
And he still knows.
There will definitely be mineral deposits in these lands.
According to statistics in later generations, 98% of Australian iron ore originated in Western Australia. Other mineral deposits such as gold, copper, aluminum, and coal also accounted for more than half of Australia, as well as oil and natural gas resources.
If you buy it now.
The land belongs to you, so others don't even want to mine on your own turf. All the underground resources belong to Hardy.
If it is for later generations, the Australian government would dare to sell land like this, and the rabbit country would dare to round him up, but now in the 1940s, hundreds of millions of dollars is an astronomical figure.
Hardy thought for a long time, and finally his eyes flashed resolutely.
"Sell~!"
Lao Tzu came to this world because of tossing. Now that I have this opportunity, I will toss it for a while.
Hardy called the secretary.
"In which country is Andy and their delegation?"
Every time Andy and the others go to a country, they will send a telegram to Hardy to inform him of the situation so that Hardy can grasp their movements and progress.
"In Denmark, the next itinerary will be Norway, Sweden, Finland, and Iceland." The secretary said.
"Telegraph to Andy, saying that I asked him to come back. The president of Wells Fargo Bank will be responsible for the mission." Hardy ordered.
For the five Nordic countries, Hardy's investment interest is not great, and it is dispensable in his business map.
"In addition, send a telegram to Jason and tell him to buy 20 square kilometers of land around the gold mine first, and then continue to talk with the Western Australian Government to ask if it can be cheaper. Don't worry, I will go there with Andy later. "
"I also told Columbus to find a more professional team to determine the reserves and taste of the gold mine."
What finally came to mind.
"Tell Andrew that if you secretly take in the shares of Navash Mining, you can take as much as you can, but you must be careful not to let the stock price rise quickly."
The secretary wrote it all down in the notebook and turned back to inform.
Hardy took out a cigar from the box on the table and lighted it, and continued to plan. There were several times before the empty glove White Wolf, but this time it might not be impossible.
Andy returned to Los Angeles two days later.
"Boss, what can you do to find 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 piece of land for sale. I plan to buy more, so I asked you to come over and do this together." Hardy said.
Andy knew that if the boss called him back, it was definitely not an acquisition, because millions or even tens of millions didn't need to call himself.
"I plan to acquire 1 million square kilometers of land at a total price of about 400 million US dollars." Hardy said.
Andy's eyes widened in surprise.
What is the concept of 1 million square kilometers? It is equivalent to the area of 2 France and 4 Britain.
"The Western Australian government is willing to sell so much land at once. Isn't this in line with the government's law of development?" Andy was surprised.
"The places they sell are all next to the wilderness and hills, and there is no development possibility at all except for mining."
"I asked Jason to find out. It is said that the current Western Australian government is separating from the Australian government. In fact, a referendum has been held in the past few years, but it was unsuccessful. As for the mass sale of land, it seems that the opposition is organizing this matter. , In short, it’s their internal affairs."
"Selling land is actually not a big deal, it's just that a lot of it was released this time."
Andy thought of asking for 400 million US dollars, looked at Hardy and said, "Boss, what are you going to do?"
"I plan to speculate in High Wash Mining and use Wash Mining's funds to acquire land." Then I told Andy the plan I had thought of in the past two days.
Andy nodded after hearing this, "I think your plan, boss, is feasible!"
"Hehe, then leave it to you." Hardy said with a smile.
The next day.
Andy first found the bank. In the past, Walsh Mining had done a stock mortgage at the Los Angeles City Bank in order to obtain funds, and this time he took it all back.
The stock market continued to operate Walsh Mining, slowly absorbing the small amount of outstanding shares.
People were surprised to find that Walsh Mining, which had a very mediocre performance, began to climb continuously in the past few days. Although nothing can be seen in one day, people discovered that it has risen by a large amount in the past week, and the price has now become about 1.5 US dollars. .
Many people have analyzed the reasons for the rise of Walsh Mining. Is it possible that someone intends to manipulate this stock to play a wave.
But people quickly abandoned this idea.
Those companies that operate stocks dare to play small stocks, but they absolutely dare not slam the Hardy Group companies. The Hardy Group itself is very powerful. It is now 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 that the Hardy Group is absorbing by itself.
Shipment does not make much sense to Hardy Group. There is only good news for this reason. I think that Wash Mining is a mining company. It has been two years and it should have exploded. So many people guessed that Wash Mining might have discovered it. What a big mine.
Yes,
I guessed it by these smart investors.
It didn’t take long for some gossips to spread that Walsh Mining discovered a large vein. Someone secretly told others on the exchange:
"I heard from a friend of my friend that the prospecting team of Walsh Mining found a gold mine in Australia, which is still a big gold mine. I heard that the vice president of the group has been arranged to go to Australia to obtain mineral rights. Shi Mining’s stock."
The news gradually spread, and people paid more attention to Walsh Mining.
Naturally, some people followed along and entered the Walsh Mining stocks and began to buy. Seeing that the stock price of Walsh Mining has risen a lot.
The stock price reached $1.8 per share.
Many people asked if the news was true. They didn't wait for the news, but waited for the notice of Walsh Mining's name change.
Officially notified, Wash Mining changed its name to Hardy Mining.
Many people thought that Hardy Group had not changed its name after acquiring Wash Mining for several years. Now it suddenly changed 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. Now it has obtained the mining rights. The ore is of high quality and large reserves. The preliminary estimate is that the total reserves are about 500 tons of gold. Further exploration is now underway.
Columbus is talking about 200 tons, and the data released to the outside world has improved a little.
As soon as the news came out, the market went crazy.
No wonder,
Knowing that there is a good thing, otherwise it is impossible to act frequently.
500 tons of gold reserves, even if calculated at the current fixed price of USD 35 per ounce, the value has reached more than 600 million.
Originally, the total market value of Walsh Mining was only 10 million. Now I have a gold mine worth 600 million. Everyone can imagine Walsh Mining. No, now it’s called Hardy Mining. Everyone can imagine. Hardy Mining's share price is about to take off.
Countless people began to frantically buy the shares of Hardy Mining, and the stock price of Hardy Mining rose rapidly. It only took a few days to rise from 1.8 US dollars per share to 11 US stocks, which was more than 6 times higher. This gave the momentum. Slowly.
Immediately after Hardy Mining issued a notice, in view of the stock situation, the company was going to split the stock, one share into 4 shares.
The stock split is another good news.
The stock skyrocketed again from the split US$2.75 to US$3.3.
A few more days passed.
Hardy Mining officially issued a notice that Hardy Mining conducted a second exploration 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 big rich mine.
At the same time, it announced the establishment of Hardy Mining Australia branch, ready to fully carry out the gold mining business. Hearing this news, Hardy Mining's share price soared again.
Hardy's idea is simple. It is to drive the stock price of mining companies up crazy, let the mining companies make blood by themselves, and buy land with the money from stocks.
Using mining company money to buy land for mining should be the most formal operation.
......
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