I will resign and go to Australia

79 episodes. What do you want from there?

On the surface, China is growing rapidly, but it is said that there are many problems in the interior.

In fact, it would be a miracle that such a huge country achieved such an economic growth rate every year.

However, the fact that the financial crisis from the United States hit the whole world and achieved such tangible results was something to be suspicious of, aside from the greatness of the bubble.

“In China, growth has already started to slow since last year. And I heard that the Chinese side demanded a massive price cut from iron ore miners. That’s a whopping 30%.”

“Isn’t that enough not to make a deal?”

“We’ll have to negotiate to find out, but other countries, except for China, haven’t been able to alleviate the shock of the financial crisis. They know that they are the only ones who can accept that amount.”

I thought it would be a great fight between each other.

On the one hand, dinosaur companies occupying 65% of the global iron ore market.

The other side is the world’s most resource-consuming thug country.

Isn’t it difficult to gain an edge over either side?

“But from my point of view, I think it was because of Jencock that China was able to come out like that.”

“Why?”

“Jencock discovered the world’s largest iron ore deposit, Louis Hill, in Pilbara. Although we have not yet identified the exact location of the mine development, Jencock did pre-sales in China with that.

“Demand is declining, but supply is excessive.”

It’s a situation that deserves a price cut in China.

“So, among the top four companies, Forescu Metal, which accounts for the largest proportion of exports to China, came forward. They agreed to a price cut of 25%. As a bonus, they are also taking the lead in persuading the other three companies.”

Wow, do you agree to a 25% price cut because of what the previous revenue was?

Is it because they have the confidence to fix the price once they drop Jencock?

“Then, is the price cut a problem for Jencock?”

“No, it will take at least four years for Jencock to mine iron ore, so it’s not a problem right now.”

“sure?”

“Forescue Metal is trying to block Jencock’s transaction in China. In China, Forescue Metal is taking the lead in persuading global mining companies, so Jencock is in a state of disrepair. As potential customers, the financial institutions that loaned Jencock are shaken. And the financial situation is getting worse.”

Are you saying you don’t know me because I drank sweet water?

“Is it the key to getting China interested in Jencock again?”

“That’s right. China’s attitude now is because the production of Jencock is at least four years later, so what if we shorten that period and make it one or two years?”

“I’m going to put Jencock on the scales again, because from the customer’s point of view, the more suppliers, the better.”

“That’s it. And we’ll have to weigh the profit we can get from that situation.”

This seems to create a very good environment for China.

The price is going down and there are big suppliers who can keep the top four companies in check.

Does a strong guy make money just by sitting still, damn it?

“The two over there seem to be only talking about hope right now. It’s impossible to shorten the development period in the first place.”

Helen could not bear to listen to the two of us and intervened.

“So we’re flying west.”

“So how do you solve it?”

Henry said with a mischievous expression to her stuffy Toro.

“You will find out.”

***

Port Hedland.

It is a port city in the northwestern part of Western Australia that accounts for half of Australia’s exports.

This is because Western Australia is the deposit of various natural resources and is exported to all over the world through this port.

“Henry, are you here to show me the harbor?”

I asked Henry why the car only moved towards the pier.

Of course, it was because I thought I was going to the city.

“I took the dockside road for sightseeing, but the destination is where Lina Dainhart is.”

“Is Jencock here?”

“No, Jencock’s headquarters is in Perth. The local office is downtown, but the place she’s going to now is where she lives in Port Hedland.”

According to Henry, Jencock’s chairman, Lena Danehart, is also coming to Port Hedland on a business trip because she lives in Perth.

But the place is amazing.

‘Huh, it’s a personal yacht…’

You brought the yacht from Perth, not from the hotel.

Australians enjoy fishing on their private yachts, but this is different.

Henry said it was a mega yacht that was over 50 meters high.

Luxury yachts are divided into super yachts, mega yachts, and giga yachts by size.

Still, to my eyes, it looked huge and good.

‘Yeah, there’s no reason to leave this and go to the hotel.’

It’s a floating hotel!

It’s exclusive too!

“How much do you do this?”

I saw the yacht rather than the private plane and went crazy.

“About 400 million dollars.”

Helen answered my question.

“Huh, 400 million dollars?”

“Because it’s the best among mega-yachts. It’s going to be about $300 million for a cheap one.”

four billion

go crazy

I’m still unsatisfied with my pocket situation.

“Does Henry have anything like this?”

“No. Private planes can be used for business purposes, but yachts are usually purchased for personal use.”

“okay.”

“You seem to like it. Shall we get one as a good model?”

“Yes? Hey, what yacht am I?”

I waved my hand and laughed.

It is still the cake of the picture, yet.

“Jin, if there is anything you want, make it concrete. Then one day we will be able to get it.”

“…Yes, Henry.”

“And you, like Lina, should have one like that. You will get to a position like that.”

“What else is that?”

“What do you mean? You’re going to own 70% of the stake in the mining company we’re going to build.”

I heard it last time.

Based on the development rights received from Jencock, they plan to establish a mining development subsidiary.

But what if you give me a 70% stake in the company?

“What do you mean? The stake in the company is, of course, Henry’s.”

“It is useless to have rights that cannot be used properly. I believe that you will give me 30% of my share, more than what I have now, so please accept it without saying anything.”

At Henry’s words, Helen shook her head with a look of helplessness.

“I have served Henry all my life, but there has never been a case where I didn’t understand it as much as I did recently. It would never have been possible if it was Henry of the past…”

“Trust me and follow me. Later on, you too will know that I was right.”

“I believe it, I believe it. It’s just a little embarrassing because it shows a different side of me than before.”

Looking into the eyes of the two, I thought that there was more to a relationship between the president and the secretary.

‘If that’s the case, the two of you should get married.’

Why did they both grow old alone so far?

***

Queen Elizabeth.

This is the name of Lena Danehart’s personal yacht.

We followed her personal assistant to the cabin.

There were a large number of bodyguards throughout the yacht deck and inner aisles.

At first glance, it seems that there are more sailors than yacht crews.

Security and monitoring were so strict.

From what Henry has heard, Jencock’s chairman, Lena Dainhart, is extremely reluctant to go outside.

If Henry, who is called the hermit manager, said that, he was serious.

But that’s not necessarily a bad thing.

Because it is wrapped in a veil, it sometimes creates an image of mysticism.

Why is Sungsam Group Chairman Lee Hwi-gon not a mystical concept?

The seats are also seats, but the addition of such an image creates an aura that is difficult to reach.

“Chairman. Chairman Henry Bearfax and his party have come.”

“Bring me in.”

The cabin guard took her permission and let us into the interior.

“Lina, it’s been a while.”

“You’ve worked hard to come a long way, Henry.”

The two shook hands and exchanged greetings.

I came here for business, but it’s not a handshake, it’s a greeting like that.

I’m still not used to that greeting.

“Is this young man the new secretary?”

Lina looked straight at me and asked.

She was of relatively modest stature.

If it wasn’t for this kind of place, he looked so ordinary that even ordinary people passing by on the street would believe it.

To the extent that I don’t feel like the owner of such a luxury yacht.

“I’m Henry’s business partner. Please call me Jean.”

“This is Lina Dainhart. Henry’s business partner… May I ask whose son it is?”

He’s the chicken’s son.

I screamed dozens of times in my mind, but nothing came out of my throat.

Ugh, it’s not that I’m ashamed of the chicken restaurant’s son, but I can’t say it proudly.

“Lina, Jin doesn’t belong to a family or corporation.”

“Hmm, okay. Then we’ll get to know each other little by little. Everyone, sit this way.”

Even though she hadn’t heard of me, she passed on.

It seems like he doesn’t really care about anyone other than Henry.

It seems to be being treated as a killifish.

“Yeah, why did you come all the way here?”

“Isn’t your side so noisy these days? That’s why I came here.”

“Why? Do you think I’m going to ruin it? Ho-ho.”

“If it was going to be ruined that much, it would have been ruined sooner. How is the situation?”

“It’s not very good. Andy Forescue, that man is fussing because he can’t eat me, and the money-players are shaking their light buttocks as usual. Moreover, environmental groups are excited about whether they have heard of a new iron ore mine development plan.”

“I know it is still in the exploration stage, but are environmental groups already moving? Did Andy spill it?”

“Perhaps it is.”

“Andy, he works in the mining industry in Pilbara, and he touches you well. Do you think we will not develop other mines in the future?”

The person who has the right to develop the largest area in Pilbara is Lina Dainhart.

No matter how much Forescue Metal is in the global semifinals, she is the owner of the land.

What would you do if you had the technology, but you can’t get the right to develop where you need to dig?

“Wow, it’s a top secret that I got recently, but it seems that Rao Tinto encouraged it. They’ll help too, so go ahead.”

“Hey, he wasn’t led by Andy, he was simply an action leader!”

Henry raised one eyebrow and continued.

“What does the Chinese say?”

“He asked me to submit the 8th prospecting report and development plan for Louis Hill by next month. After seeing that, I will sign a purchase contract.”

“I heard that the 7th prospecting was in progress three months ago, but is it already over?”

“Is it possible that it’s over? It’s not even a regional geology map yet.”

“You mean you’re not going to make a contract with me.”

“It’s completely different from when we first got the offer from us. The Chinese say that facial confiscation is their specialty…”

As she sighed, Henry threw his luck as if he had been waiting.

“What if we could help a little?”

“How are you going to help? What Bearfax can do is media play.

“It’s not public opinion. Because Jencock is what we need the most. In short, we need only the precision geology of Louis Hill.”

“You mean you have it? Did you get it through a university? No, I’ve never heard of a geology professor who studies the Louis Hill area…”

Lina Dainhart blurs her words with a look of disbelief.

“It’s not, but I can give you an accurate geological map, so don’t ask for the source.”

“Well, what does the source matter? As long as there is a precise geological map.”

She looked straight at Henry and continued.

“Then what do you want from there?