Chapter 244: Mine Auction
The nobles in the major cities of the Illuth Empire suddenly discovered that the price of the magic crystal had completely collapsed as if overnight.
Not only are the merchants in the market selling magic crystals, but even the largest shippers, the Kadir family's warehouses in various places, are also frantic shipments, which not only does not allow speculators to take the opportunity to enter the market to sweep the goods, but causes a chain reaction, and the market collapses faster.
"Did you hear that? Master Jean of the Silver City has made a technological breakthrough, so the demand for magic crystals has been greatly reduced! β
"Really?"
"Of course! Therefore, the market is saturated with goods and the price is collapsing, because it can't be sold! β
"The Kadir family has a monopoly on the trade of magic crystals in the Ilrus Empire, and more than ninety percent of the magic crystals are sold to the Silver City, and now the Silver City does not need to import magic crystals from the Ilrus Empire, it is estimated that the Kadir family will be miserable."
"Ha, of course the Kadir family can't sit still, I dare say, selling the clearance is only the first step, and then they will definitely find a way to deal with those magic crystal mines, and now for them, those mines are a burden."
"Aren't you going to take advantage of the opportunity to buy a mine?"
"I don't have that much money to spare, besides, now that the price of magic crystals is so low, what if I lose money if I buy the mine?"
"It's also ......"
Rumors always spread quickly, and before Frank's decision was announced, those with a keen sense of smell were already aware of the future wind, so when Frank's people came to invite those people to the auction, many people looked like they were unexpected.
Even though they have no intention of buying the mine. But Grand Duke Frank still had to give face, so he still attended the mine auction in full costume that day.
The familiar imperial nobles greeted each other with hypocritical smiles at the venue, carefully hiding the greedy and **** eyes that looked at other people's female companions. While maintaining his so-called noble status, he is also cautiously testing the thoughts of others......
Aurelia, who attended in evening clothes, was full of disgust when she saw those people, and over the years of becoming a "night song", she had seen too many dirty faces of the nobles, and for them, whether public or private, Aurelia had no good feelings at all.
Privately. Aurelia is a girl with a rebellious personality, otherwise she would not have become the famous "Night Song", and she knows all the dirty things that the nobles do in private. How could there be any affection for them?
Yu Gong, the aristocratic faction hollowed out the power of the royal family, forcing the royal family of Illus to choose the path of reform, and when the royal family was unwilling to defend the interests of the nobles. The two sides will no longer be a community of interests. It's the enemy.
However, she is a princess after all, and no matter how disgusted she is, she has to act like a princess - not to mention, that nasty guy is right behind her, how can he let him look down on herself!
"What's wrong?"
Fiona, who accompanied Don to the scene, noticed that Don was in a strange mood.
"It's nothing, it's just feeling...... Well, it should be an illusion. β
Don touched his nose. He seemed to feel a familiar aura just nowβit seemed to be from Night Songβbut on this occasion, even if it was a bold Night Song. Don't you dare to trespass openly, do you?
"Welcome! Welcome Baron Donne, who is this? β
"My friend, who is also my financial assistant, Ms. Fiona."
"Hello, Lady Fiona."
Fiona smiled very gracefully, just holding Donn's arm and not speaking.
In fact, she was now trying her best to restrain her emotions, clutching Donn's arm.
The Kadir family is one of the leaders of the aristocratic faction, that is, they also "contributed" to the fall of the Golden Rose family.
Frank was originally squinting, and when he deliberately put on a smiling face, it was even more exaggerated, and he could barely see his eyes, but because of this, it was impossible to figure out what he was thinking.
Frank said with a smile on his face, "I didn't expect Baron Don to accept our invitation. β
"Of course."
Tang En deliberately smiled bitterly: "The Kadir family has a big business, this business is not in my eyes, I can't do it, Ellington is so poor, so many people are counting on me to eat, so I have to gamble." β
Frank's eyes flashed: "But Baron Donn, don't you know the market situation of magic crystals?" β
"It's because I know that I need to gamble."
Tang En spread his hands helplessly: "If it weren't for the market crash, this market wouldn't have been my turn to enter." β
"That's right, then I hope Baron Don can return satisfied."
Frank smiled and left.
"Princess Aurelia is fine, but who is that young man? He was able to let Grand Duke Frank greet him personally. β
"You don't even know about him? Lord Ellington, Baron Donne! β
"Ellington? Where? β
"To the west of the hill town of Bein, you have to go over the Ladian hills."
"So there is territory in the middle of nowhere!?"
"Of course! And now the Datang Chamber of Commerce, which is in the limelight in Yalinks, is the industry under his name! β
"Datang Chamber of Commerce! No wonder! β
Don ignored the discussion and watched Frank leave.
Fiona suddenly said, "He's suspicious again. β
"Normal, how many idiots can sit in this position?"
Don said casually: "But the matter has come to this point, even if he regrets it, it is useless." β
Frank finds Charles, who is busy.
"Things have changed."
"What do you mean?"
"I still don't think something is right...... Modify the number of auctions, there is no point in keeping small mines, it is too risky to keep large mines, and we must keep at least one medium-sized magic crystal mine in our hands. β
Frank frowned: "Even if the market continues to crash, we can take another action later, although we know that Victor is calculating us, forcing us to make this choice, but now I always feel that something is wrong, it is likely that we lack some kind of intelligence." β
"That'...... I understand. β
Charles quickly revised the file.
"For now."
Frank said with a tired face: "No matter what the truth is, after the auction is over, they should open their hole cards, let me see what Victor wants." β
With the guests in place, the auction finally began in earnest.
Aurelia and Don glanced at each other, and the two of them bowed slightly, and their hearts were full of energy.
"My lord, how much do you think we can take this time?"
"You don't have to eat it all, don't forget that we don't have any gold coins, Aurelia is with us, and she will carry it if there is an accident."
Don En whispered, "First take as many mines as possible with her, and then distribute them." β
Fiona bowed slightly.
On the stage, as a representative of the Kadir family, Charles had already begun to speak with a smile on his face, and only after blowing it out freely did he get to the point.
ββ¦β¦ Therefore, we decided to give profits to everyone, open up the huge magic crystal market, and let everyone enter it together and make money together. β
Hearing this, those people in the audience couldn't help but sneer secretly, who doesn't know that the price of magic crystals has collapsed, and now they are in a hurry to find the next person.
The main purpose of their visit was to see who would be willing to be the pick-up man and take over the mess from the Kadir family.
"Today, our Kadir family has decided to take out the ownership of a total of fourteen magic crystal mines owned by the family for auction, and the starting price ranges from one million gold coins to fifty million gold coins according to the size ......of the proven reserves, and I hope you can sell them as appropriate."
Fourteen Magic Crystal Mines?
Don, Fiona, and Aurelia frowned, and subconsciously exchanged glances.
The Kadir family had a total of eight small mines, six medium-sized mines, and two large mines before, and after Donn extorted one large mine, there should be fifteen more mines, which means that Frank didn't take out all the mines for auction?
Without giving Don time for them to think, the auction had already begun.
The first to be auctioned were small mines, with prices starting from a million gold coins, however......
"One million gold coins, only one million gold coins are needed to have the ownership of this magic crystal mine, what are you waiting for? If you don't start now, after this time, you won't have a chance to start again! β
Even though Charles was sweating profusely above, the people in the audience were still indifferent, waiting to watch the play with playful faces.
Fiona pursed her lips and whispered, "It's pathetic...... But it's cool. β
The smiling Don shook his head: "He is telling the truth, but only we know that this is the huge benefit of information asymmetry." β
Charles shouted several times on stage, but still no one spoke, and just when he was helpless and overwhelmed, a voice suddenly pulled him out of despair.
"A million."
"A million! Baron Don bids a million! β
Charles was almost in love with this hateful Ellington hillbilly at this moment!
"Anyone else!? Anyone else bidding? The proven reserves of this mine are staggering, and the total potential value of complete mining is at least at the level of tens of millions of gold coins. β
Heart? Heartbeat has a fart.
A group of people secretly sneered, even if the potential value is high, there must be a market to sell it, the silver city is not receiving, where to sell?
Only the hillbilly baron from Ellington can't wait to have some fixed investments to stabilize his value.
If it weren't for him, I'm afraid that today's Kadir family's mine auction would have become an after-dinner joke in aristocratic circles. (To be continued.) )