1929 I am a chaebol in the United States
Chapter 131 Mining Rights Obtained
After Apache left, Dio stared at Lu Chen with a smile on his face.
Lu Chen looked at Dio and said, "Mr. Dio, why are you staring at me like that?"
Dio smiled and said, "Brother Lu Chen, why do you want the oil mining rights? You don't do oil mining, so why don't you give me the mining rights?"
Lu Chen smiled bitterly and said, "Mr. Dior, you are too impatient. This matter has not even started yet."
Dio said: "I believe you will definitely be able to obtain the mining rights. So let's discuss it in advance."
Lu Chen thought for a moment and said, "Mr. Dior, I definitely cannot give up this mining right."
"Brother Lu Chen, you have never worked in oil production, so you don't know the hardships involved. The workers, equipment, transportation..."
Lu Chen quickly interrupted Dio's long speech and said, "Mr. Dio, my idea is that we can cooperate in mining."
Dio frowned and said, "Cooperative mining, how do you want to cooperate?"
Lu Chen said, "I will provide the mining rights, and you will provide the technology. We will split the oil we extract 50-50."
When Dio heard Lu Chen's words, he shook his head like a wave drum.
"Brother Lu Chen, this is impossible. You only provide a mining right and you want to take 50% of the profits. I definitely cannot accept that. The most I can accept is a 90:1 split. I get 90% and you get 10%."
Lu Chen thought, what the hell are you dreaming about? Without my mining rights, do you have the chance to enter the Middle East?
"Brother Dio, you are too cruel. If you don't have my mining rights, you won't even be qualified to mine. Besides, we don't know how much oil he has. If the reserves are less, I will lose a lot. No, no, I have to take 40% at least."
Dio said, "Forty percent is too much. So, I'll give you twenty percent. This is the most. You should know that our Rockefeller family has never cooperated with anyone in oil extraction. You are our family's first partner. Twenty percent is our greatest sincerity."
Lu Chen was still a little dissatisfied. He smiled bitterly and said:
"Mr. Dior, 20% is too little. How about this, I will provide the personnel to go to Saudi Arabia for mining, and you will provide the equipment. How about I take 25%?"
Dio glanced at Lu Chen, and said as if he had suffered a great loss: "Okay, let's do as you said, you take 25%."
After talking with Dio, Lu Chen stayed in Washington for more than ten days. Just when Lu Chen was about to return to New York, Apache found Lu Chen.
Seeing Apache, Lu Chen was very excited, thinking that he must have negotiated with Aziz this time, and that he was almost certain to get the oil mining rights.
Lu Chen said to Apache enthusiastically: "Mr. Apache, how about it, does your leader agree with my conditions?"
Apache said: "Our leader agreed to give up the mining rights, but he said that we want 50% of the oil you extract from us."
Lu Chen looked at Apache in shock and said, "Mr. Apache, your appetite is too big. You don't contribute anything, but you want to take 50% for free?"
Apache said: "Mr. Lu, I don't agree with what you said. You are extracting our country's oil. How can you say we didn't contribute anything?"
Lu Chen said: "Even so, you can't possibly own 50%. You know that it costs a lot to extract oil."
Apache said: "I know it will cost a lot, but the profit from mining is also very high."
Lu Chen did not comment on Apache's words. He said, "Mr. Apache, why don't you talk about the transportation costs and risks of selling this oil? This oil can't be sold just by digging it out."
Apache thought for a moment and said, "Well, let's make some concessions and take 40%."
Lu Chen still shook his head and said, "No, the most I can give you is 15%."
Apache immediately shook his head and said, "No, no, we have to occupy it at least three times. Otherwise, we will definitely not give you the mining rights."
Lu Chen was a little unsure whether what Apache said was true, and he didn't know whether he would make any profit by taking 70% of the share. He thought for a while and said:
"Well, Mr. Apache, please wait for me for a moment. I will discuss this with the shareholders of our company."
Seeing Apache nod, Lu Chen quickly walked to the phone, picked up the phone and called Dio. He wanted to ask if he could make money by taking 70% of the profits.
The call was connected soon, and the first thing Lu Chen asked was:
"Is it Mr. Dior?"
Dio smiled and said, "It's me. Brother Lu called me at this time. Is there something wrong?"
Lu Chen said: "Mr. Dio, Apache came back to see me again today."
Hearing that Apache had returned to look for Lu Chen, Dio immediately said excitedly: "This is good news. How about it, have you obtained the mining rights?"
Lu Chen said: "Mr. Dior, they are willing to give us the mining rights, but they have a condition, which is that we need 3% of the oil we mine. What do you think..."
Without waiting for Lu Chen to finish, Dio immediately said, "Why are you still hesitating? Just take it. You have to know that some countries want 70%. Apache only wants 30%. You are getting a great bargain."
Hearing Dio say this, Lu Chen immediately became happy. He smiled foolishly and said, "So, we really got a great bargain."
Dio continued: "Did they say how long they would give you the mining rights?"
Lu Chen said: "They didn't say that."
Dio said, "Then go back and talk to him as quickly as possible, and try to buy as much time as possible."
"Okay, I'll go over and talk to him."
After saying that, Lu Chen hung up the phone immediately. He was so happy at this moment. It was such a great bargain. It was indeed a generous and magnanimous man. Lu Chen immediately returned to the reception room.
Seeing Lu Chen coming back, Apache said, "Mr. Lu, what do the shareholders of your company say?"
Lu Chen said: "Mr. Apache, the directors of our company have agreed to this ratio. Now let's talk about the timing of the mining rights."
Apache said directly: "Our leader said that we will give you five years of mining rights for this percentage. We will renegotiate after five years."
"Only five years, that's too short. It should be at least twenty years."
Apache looked at Lu Chen with a half-smile and said, "If Mr. Lu wants a 20-year mining right, then we can only give you 4% of the share."
Lu Chen stood up and said, "You guys are bargaining too hard. You cut off 30% of my share in one go."
Apache said, "Mr. Lu, don't bully us because we don't understand. When I came here, I had already learned from our neighbors that the British only accounted for 3% of their oil. I gave you %, which is already a lot."
Lu Chen said, "Impossible. With a 30% share, the British definitely can't just want 20 years of mining rights. They must have at least 50 to 60 years of mining rights. Or even permanent mining rights."
Apache said somewhat awkwardly: "Mr. Lu, how about this, we give you the mining rights for 40 years, and your share will still be 40%, how about that?"
Lu Chen thought about it and felt that 40% was not bad, much better than the 30% Dio said, so Lu Chen said:
"Okay, I agree. Let's sign the contract someday."
Apache smiled and said, "Okay, Mr. Lu, please be here at this time tomorrow. I will bring our leader with me. Please prepare the contract by then, Mr. Lu."
Lu Chen looked at Apache in surprise. He didn't expect that Aziz would come this time. But Lu Chen thought about it carefully and it was normal. For such an important matter, Aziz would definitely come in person to sign the contract with him. Apache couldn't represent their country yet.
After being surprised, Lu Chen smiled and said to Apache:
"Okay then. I'll be waiting for you tomorrow."
After Apache left, Lu Chen called Dio again.
When Dio learned that Lu Chen not only obtained the mining rights for 40 years, but also a 40% share, he immediately laughed and said:
"Hahaha, Brother Lu, you are amazing. You actually got the mining rights with such good conditions. It looks like we are going to make a fortune."
Lu Chen also smiled and said: "The next step is up to you, Mr. Dio. The more oil we extract, the more money we will make. Mr. Dio, you have to work hard."
"Brother Lu, don't worry. When it comes to oil extraction, our Rockefeller family is second to none in the United States."
After chatting with Rockefeller for a while, Lu Chen hung up the phone and waited quietly for his meeting with Aziz tomorrow.
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