Published at 14th of December 2020 02:10:09 AM
Chapter 1113: 1113
Chapter 1113 – Going to Moscow again
After settling all his work in China, Feng Yu flew to Moscow . He needs to speak to Kirilenko about exchanging shares .
“Hahaha… Feng! My friend! You are finally here! Quick… I want to show you around my mansion! A part of it is completed . ” Kirilenko’s hug is still so strong .
Kirilenko had used a helicopter to fetch Feng Yu, as it’s much faster this way .
This helicopter is a converted military cargo helicopter . It is very spacious and renovated like a bar .
“Feng, try this . This is a fruit wine, and you will not get drunk . ” Kirilenko said after seeing Feng Yu taking a small sip .
Feng is good in all aspects, except for drinking . Even his Brother-in-law, Li, is better at drinking than him!
Feng Yu took a few more sips and felt the wine’s alcohol content is about the same as red wine . It should be around 10% . Kirilenko should have prepared this wine for him .
“Brother Ki, let’s have a toast!”
Since this wine has a low alcohol content, Feng Yu is not scared . He decided to drink with Brother Ki, as Kirilenko is drinking hard liquor .
“Hahaha… Cheers!” Kirilenko laughed .
Feng Yu refilled his glass himself, as he does not want Kirilenko to pour hard liquor by mistake .
“Congratulations, Brother Ki . You had dragged out one more year . ” Feng Yu laughed .
Kirilenko’s mansion should have been completed this year, but he made some changes to the design and delayed it . The construction can only be completed next year .
Kirilenko had purposely made these changes and claims he wants to have a better mansion than Bill Gates’ .
Kirilenko had an unhappy look when he heard Feng Yu mention this . “I also thought I can delay my wedding . But my father insisted me to get married this year, as it will be good for my elder brother’s career in the military . Anyway, I must get married sooner or later . I decided not to drag this out anymore . Remember to attend my wedding on November 7 this year . ”
November 7 is the former Soviet Union’s national day . Russia had kept this date as a holiday . The government that topples the former Soviet Union Government is still keeping this date . It’s too weird .
“Of course . I will surely be there!” Feng Yu rubbed his chin as he thinks of what gift to get for Brother Ki .
Money? Company’s shares? Brother Ki does not really care about these, as he is already one of the world’s top billionaires .
Feng Yu must give Brother Ki something special . Hmmm… Brother Ki had mentioned that his fiancée likes oil paintings . I should get one or two paintings for Kirilenko as his wedding gift .
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“Oh, Feng . When are you going to get married?” Kirilenko asked .
“Err… I have not decided yet . I will tell you once I decided . ” Feng Yu replied .
“Ok… It’s still the same advice for you . Try to get married as late as possible and enjoy your single life more . My older brother had changed drastically after he got married and has children . Sigh…” Kirilenko sighed .
Feng Yu thought to himself . Your brother had changed because he is responsible for his family . Why are you making it sound like a bad thing?
“Don’t you want to have children?”
Kirilenko went quiet for a few seconds and said . “Yes . Who doesn’t want to have their own children? One child is not enough . Never mind . Let’s not talk about this . I heard the prices for metal minerals had increased by a lot . Our production is the same as last year, but the profits are much higher . ”
After the year 2000, precious metal minerals’ prices started to rise, and Kirilenko is excited .
But the prices of coal and iron are not increasing by a lot . Compared to the prices during the time they bought the mines, it is still higher . Because of inflation, workers’ salaries had increased, and they are not making any profits .
Feng Yu and Kirilenko must wait until after 2002 before the prices of metal shoot up . Gold and other precious metal prices will increase suddenly after the incident in the US . It will continue to rise for a few years, and that is the time when it is the most profitable .
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Currently, even crude oil prices are starting to rise .
Last year, oil prices had dropped to 10 USD per barrel, which is historically low . Many oil fields had lost money .
Feng Yu and Kirilenko took out a sum of money each and continued to acquire these mines and oil fields . A few days before, oil prices had increased to 30 USD per barrel .
Although the prices had fallen again, the mining company’s profits this year should not be low . The profits should be enough to fund 50% of the new purchase mines and oil fields’ upgrading .
By next year, all the newly purchase mines and oil fields should have completed the upgrading works . The mines and oil fields’ production will be much higher when the minerals’ price increase in 2002 . That’s the time when Feng Yu and Kirilenko reap the profits .
“Use these profits on the upgrading of the mines . In less than two years, the prices of all of our minerals will increase like crazy . Oh, if possible, try to acquire some gold mines . It’s about time for the gold prices to rise . ”
Many people laugh at Feng Yu and Kirilenko’s company for their low production, as their mines have strict restrictions on the production levels .
But those people do not know that Feng Yu and Kirilenko had upgraded their equipment . Once the mineral prices go up, they can increase their production more efficiently than those old mines .
When that happens, their annual production three to five times their current production . Even when Feng Yu and Kirilenko are not mining, their mines’ value is still increasing, and they are not suffering any losses .
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“Ok . I know there are two gold mines for sales now . I will settle the paperwork, and we will have the rights to mine for at least twenty years . ”
Other people can only get six to ten years of mining rights . Still, Kirilenko can easily get longer durations for their mines . This is also the reason why Feng Yu is not in a rush to start mining . Kirilenko is also not in a hurry as they still have a long time before their contracts expire .
“When can that chemical plant start production?”
“It should be fully operational latest by the first quarter next year . Part of the plant has started production, and I had acquired a few chemical factories and merged them . Also, our steel factory, coal factory, etc . have started partial production and should be fully operational before the end of next year . ”
These plants are newly built and cannot be fully operational within a short time .
Feng Yu and Kirilenko chatted, and the pilot told them they had arrived at Kirilenko’s mansion .
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