Chapter 128: Margin

This time, the King's room in Lampari suddenly announced that it had decided to publicly auction the two iron ore mines in the city of Bang Ta. In a short time, it attracted the attention of almost all powerful chambers of commerce in the kingdom.
After confirming that the news was true, the Chamber of Commerce, which was rushing to Bangta City to participate in the auction, gathered almost all of the top universities in the Kingdom of Lampari.
Everyone knows that this is an excellent opportunity.
Because before this, the iron ore in the Kingdom of Lampari was almost controlled by the Joseph family, and no one else could get in.
Now, His Majesty the King took out two iron mines for public auction, which undoubtedly represented the beginning of a change in the attitude of the King's room to the Joseph family. It has already begun to appoint other chambers of commerce to join the mining iron ore industry.
Why do people suddenly have to do this for the royal family? Everyone has different guesses.
The most speculation is that His Majesty finally expressed his dissatisfaction with the Joseph family’s control of the Kingdom Iron Mine, which is a sign of the Joseph family.
The second guess is made by some people who know more about the kingdom's finances.
Because the kingdom's finances have been at a very low level for many years, even if King Majesty wants to make some moves, it is always limited by financial problems and cannot be realized.
So forced to helpless, His Majesty finally decided to take out all the mineral resources of the royal family in exchange for sufficient financial income to support his other plans.
It should be said that this guess is actually closer to the facts, this time if it is general. It is indeed because the King’s Majesty is limited by the kingdom’s finances, and there is no way to purchase the tens of thousands of farmland magic machinery that the kingdom needs from the New Flying Chamber of Commerce. This will come to mind using the mine to pay.
However, because Xu Yi and his Majesty the King and the Agriculture Department signed an agreement in an extremely secret situation, there were very few people who knew it.
The reason why the Joseph family knew about the two mines was also inferred from the actions of His Majesty the two mines, and therefore asked His Majesty the King to ask for a fair bid.
For the role played by the new Feishang Association, Servini also promised that the Joseph family should not know, but Xu was not sure.
Now, seeing the eyes of President Fuller? Morgan, Xu also immediately determined, even if the Joseph family did not know so clearly. But I also know that I and the New Flyer will definitely be involved.
As for how much the Joseph family knew, Xu could not be sure.
After thinking about it, Xu also went straight to the president of Morgan.
Seeing Xu also came to himself, President Morgan quickly put a smile on his face, and toasted to Xu: "Hey, dear Xu, you can be here today. It really surprised me."
"The President of Cruise just said that." Xu also shrugged. "It seems that I am afraid that most people are thinking about this."
President Morgan smiled and did not deny it.
Xu also did not want to entangle him with this issue. He straightforwardly said: "Morgan President, you have already controlled almost half of the iron ore in Bangta City. You can't let go of it now. Let it out?"
President Morgan touched the hair that was already half white on his head, and laughed happily: "I am joking, is this a joke? Since our Falcon Chamber of Commerce has controlled half of the iron ore, why not leave it? The iron ore mine is also controlled in your own hands? Xu Huichang, your new Feishang Chamber of Commerce is now doing the exclusive business of magic machinery, if this time other people rush to grab you. Would you be willing to give up?"
"I am very willing." Xu also nodded. "There is competition to develop. In fact, I really hope that in addition to our new Feishang Chamber of Commerce, there will be several more and even dozens of chambers of commerce that produce magic machinery. It is ours, the development of this industry can be too slow."
President Morgan’s face was slightly sunk and frowned.
Mr. Xu, you can’t say anything about it? Now that your new Feishang Chamber is so profitable, it’s not because Magic Machinery can only be produced by one of your chambers. If it’s like you If you say that there are several or even dozens of chambers of commerce that can also produce magic machinery, do you think your Chamber of Commerce can still make money like this?"
"Hey, there aren't many there." Xu also lifted his chin and looked at the crowds at the far end of the banquet hall.
President Morgan looked at Xu’s eyes and dismissed it:
The guys in this city of Saltan actually thought of the business of our Bangta City site. I really don’t know what to do.

The pile of people is the representative of some chambers of business in Saltan City. Among them, a group of people are in the middle of the high-profile, is the president of the Leo Chamber of Commerce, and among the people around him, Xu is also familiar with the president of the Fasak Chamber of Commerce.
Perhaps I felt the eyes of Xu Yi and Morgan. President Brno stopped talking to the people around him and turned to look at it.
On the pair of eyes with Xu Yi, the president of Brno passed a hint of coldness in his eyes, but his face showed a smile, and even raised the glass in his hand to Xu.
The people on the side saw his movements and looked over. President Fasak immediately revealed a sincere smile and also raised a toast to Xu.
The other few people are somewhat inexplicable. I don’t understand why President Brno and President Fasak, who can be called the rain in Salta City, are facing a young man who looks too small and looks too young. People made a special trip.
If Xu is also a big aristocrat, then the family power behind him is enough to make the two polite to him, but Xu does not have the unique temperament of the big aristocratic family.
However, since President Brno and President Fasak have expressed their opinions, everyone will naturally not smile at their own, and they also raise their glasses to Xu.
Xu also raised the glass in his hand and smiled over there. He said to Morgan: "This is a public auction held by His Majesty the King and the mining company in Union City. We have nothing in front of the Saltans. Special advantage."

We?
Morgan’s president frowned and couldn’t help but say:
Mr. Xu. Do you really want to participate in the auction?

"Of course, what am I going to do?" Xu Yili said of course.
President Morgan was silent for a moment. I sighed softly: "Mr. Xu, a friend of the Federation, I have to persuade you to do something that is too much beyond your ability."
Xu also nodded: "Thank you for the advice of President Morgan. I know how to do it."
President Morgan aggravated his voice and walked away with a glass of wine.
Looking at the back of his departure, Xu also touched his nose and smiled with a smile: "Why is no one willing to believe that we have the strength to buy these two iron mines?" Think about it. Shrugging again, laughing and laughing at himself: "Well, I don't believe it myself."
The banquet slowly moved forward in the chats of the crowd. When everyone felt that the timing should be similar, Count Satsuma appeared just right behind the hall, and instantly attracted everyone's eyes.
I welcome the arrival of everyone, and then say some after-sales. The Count of Satsuma quickly introduced the topic and began to announce the highlight of the banquet – the auction officially began.
"Trusted by His Majesty the King, the auction will auction two mines located about 50 kilometers west of Bangta City and about 60 kilometers southwest. According to the exploration of the Kingdom Minerals Department, these two mines are rich in iron ore. In addition, it is also rich in various other metal mines..."
For the case of two iron mines, most people in the audience have already got a certain understanding. However, after hearing the detailed introduction of Count Satsuma, it still aroused everyone's surprise.
According to the exploration results of the Kingdom of Mines, the two iron mines can be regarded as first-class veins. If they can be mined normally every year, the minimum income will exceed 100,000 gold coins.
If you can buy both iron ore. Even if you need to invest a lot of money when mining, you can make a big profit.
"According to the instructions of His Majesty the King. This time is not the auction of the ownership of the two iron mines, but the auction of mining rights, for 50 years, interested parties can bid." Count Satsuma again.
The people nodded secretly and were not surprised.
This is also what it should be, even those iron mines now controlled by the Joseph family, in name, still belong to the royal family of Lampari, not to the Joseph family, but the mining rights have always been in the hands of the Joseph family. It is actually controlled by the Joseph family.
The fifty-year mining rights are not too long for an iron mine, but they are not too short.
If you are willing to invest, 50 years is enough to make a profit on the iron ore and make a big profit.
After introducing the basic conditions of the two iron mines, the Count of Satsuma delegated the responsibility of the two hosts to the two specially invited hosts and auctioneers.
The host did not immediately announce the start of the auction. The first thing was to ask the person and the chamber of commerce to pay the deposit first.
This is not a special exception.
Before the special bulk auctions, there are generally such rules, ensuring that the people who participate in the auction have enough strength to participate, so as not to deliberately disturb.
Most of the people who came to the banquet had already prepared for it, so under the supervision of the people sent by the city government, everyone had handed over the deposits that had already been prepared.
According to the popular rules on the Cairns mainland, the margin must be at least 40% of the reserve price, and the reserve price of the two mines adds up to 1.2 million gold coins, so it is only a margin, it is as much as 480,000 gold coins. .
Looking at the surrounding businessmen, they sneaked in and handed over the deposits one by one, and Xu also felt puzzled in his heart.
Judging from the current situation, there are quite a few big businessmen with great strength in the Kingdom of Lampari. So many chambers of commerce can come up with huge sums of 480,000 gold coins.
The income of the Kingdom of Lampari is only pitiful and less than a million gold coins. The contrast is too big.
A glance at Morgan’s president who was on the stage, Xu also narrowed his eyes and thought.
Soon it was Xu Yi’s turn to the stage. When the host shouted the name of Xu Yi, there were more than half of the people in the audience who brushed their eyes.
The merchants in Bangta City certainly recognize Xu Yi, and because of the Xinfei Chamber of Commerce, in fact, the merchants in several cities around Bangta City have also heard about Xu.
Even if I didn't know Xu Yi before today, I heard more and more rumors about Xu Yihe and Xinfei Chamber of Commerce during the banquet, and I was curious about the rapid development of the new Feishang Chamber of Commerce.
But everyone knows that even if this newly emerging chamber of commerce can make money anymore, it is impossible to earn 500,000 gold coins in less than half a year.
So when Xu also laid out the crowd and walked over to the stage, there were countless curious or doubtful eyes cast.
Can this new Feifei Chamber of Commerce really come up with so much money?
Xu also had a perfect smile on his face. He walked to the host in front of the host. He took a smile to the Satsuma, who was sitting next to him, and took out a paper bag that didn’t look too thick.
The host took the paper bag and opened it. He looked at Xu Yi with amazement and then announced loudly: "The new Feishang Chamber of Commerce will pay five hundred gold coins worth 100,000 gold coins issued by the Chimera Chamber of Commerce, totaling 500,000 gold coins!"