Chapter 245 Mine Auction
The nobles in the major cities of the Illus Empire suddenly discovered that, as if overnight, the price of magic crystals had completely collapsed.
Not only are the merchants on the market selling magic crystals, but the largest shipper, the Kadir family, is also frantically shipping goods in their warehouses in various places. This situation not only does not allow speculators to take the opportunity to enter the market to sweep the goods, but instead This caused a chain reaction and the market crashed even faster.
"Have you heard? Master Jean in the Silver City has made a technological breakthrough, so the demand for magic crystals has been greatly reduced!"
"Really?"
"Of course! That's why the market is saturated and prices are falling because they can't be sold anymore!"
"The Kadir family has a monopoly on the magic crystal trade in the Illrus Empire. More than 90% of the magic crystals are sold to the City of Silver. Now the Silver City does not need to import magic crystals from the Illrus Empire. I guess the Qadir family will be in trouble."
"Ha, of course the Kadir family can't sit still. I dare say that selling and clearing is just the first step. Then they will definitely have to find a way to deal with those magic crystal mines. Now for them, those mines are a burden."
"Aren't you going to take the opportunity to buy a mine?"
"I don't have that spare money. Besides, the price of magic crystal is so low now. What if I lose money after buying the mine?"
"Too……"
Rumors always spread quickly. Before Frank's decision came out, those with a sensitive sense of smell had already sensed the future direction. Therefore, when Frank's people came to invite those people to participate in the auction, many people were As expected.
Even though they had no intention of purchasing the mine, Grand Duke Frank still had to show respect, so they attended the mine auction dressed up that day.
The familiar imperial nobles greeted each other with false smiles at the venue, carefully concealing the greedy and lust-filled eyes they looked at other female companions, maintaining their so-called noble status. At the same time, he also carefully tested other people's ideas...
Aurelia, who attended the evening dress, was filled with disgust when she saw those people. During the years she became "Night Song", she had seen too many dirty faces of the nobles. For them, whether they were public or private, Aurelia Yadu didn't like him at all.
Personally, Alleria is a girl with a rebellious character, otherwise she would not have become the famous "Night Song". She knows all about the dirty things those nobles do in private. How is it possible? How would you like them?
Yu Gong, the noble faction emptied the power of the royal family, forcing the Illus royal family to choose the path of reform. When the royal family is unwilling to safeguard the interests of the nobles, the two parties are no longer a community of interests, but enemies. .
However, she was a princess after all, and no matter how disgusted she felt, she still had to behave like a princess - not to mention, that annoying guy was right behind her, how could she let him look down on her!
"What's wrong?"
Fiona, who accompanied Tang En to the scene, noticed that Tang En's mood was a bit strange.
"It's nothing, it just feels...well, it must be an illusion."
Tang En touched his nose. He seemed to have felt a familiar scent just now - it seemed to be from Ye Ge - but in this situation, even the brave Ye Ge wouldn't dare to barge in openly, right?
"Welcome! Welcome Baron Down, who is this?"
"My friend and financial assistant, Ms. Fiona."
"Hello, Ms. Fiona."
Fiona smiled very elegantly and just held Tang En's arm without saying a word.
In fact, she was trying her best to control her emotions and clutching Tang En's arm tightly.
The Kadir family is one of the leaders of the aristocratic faction, which means that they also "contributed" to the destruction of the Golden Rose family.
Frank's eyes were originally narrowed, but when he deliberately put on a smile, they were even more exaggerated. His eyes were almost invisible, 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 Down to accept our invitation."
"Of course."
Tang En deliberately smiled bitterly and said: "The Kadir family has a big business, and I can't ignore this business. I can't do it. Ellington is so poor, and so many people are counting on me for food, so I have to take a gamble. "
Frank's eyes flashed: "But Baron Down, don't you know the market situation of magic crystals?"
"It's just because I know that I need to take a gamble."
Tang En waved his hands helplessly: "If it hadn't been for the market crash, it would never have been my turn to enter the market."
"That's true. I hope Baron Tang En can return home satisfied."
Frank said with a smile and left.
"Princess Alleria is fine, but who is that young man? He can actually be greeted by Grand Duke Frank himself."
"You don't even know about him? Lord Ellington, Baron Down!"
"Ellington? Where?"
"To the west of the mountain city of Bein, we have to cross the Ladia Hills."
"So there are territories in remote places!?"
"Of course! And the Tang Dynasty Chamber of Commerce, which is currently in the limelight of Yalinks, is an industry in his name!"
"Datang Chamber of Commerce! No wonder!"
Tang En ignored those people's discussion and watched Frank leave.
Fiona suddenly said: "He is suspicious again."
"Normally, how many idiots can sit in this position?"
Tang En said casually: "But now that the matter has come to this, it is useless for him to regret it."
Frank found Charles who was busy.
"Things have changed."
"What's the meaning?"
"I still feel something is not right... Modify the auction quantity. There is no point in keeping small mines. It is too risky to keep large mines. We must keep at least one medium-sized magic crystal mine in our hands."
Frank frowned: "Even if the market continues to collapse, we can take action later. Although we know that Victor and the others are plotting against us and forcing us to make this choice, I always feel that something is wrong now, very... Maybe we are missing some information."
"Then...I understand."
Charles quickly modified the file.
"That's it for now."
Frank said with a tired look: "No matter what the truth is, after the auction is over, they should reveal their cards. Let me see what Victor and the others want."
With the guests in place, the auction finally officially began.
Alleria and Tang En looked at each other, and nodded slightly, understanding each other.
"Lord, how much do you think we can win this time?"
"You don't have to eat them all. Don't forget that we don't have gold coins. Alleria is with us. If there is an accident, she will carry it."
Tang En whispered: "Work with her to capture as much of the mine as possible, and then distribute it."
Fiona nodded slightly to show her understanding.
On the stage, as the representative of the Qadir family, Charles had already begun to speak with a smile on his face. After boasting eloquently, he got to the point.
"...So, we decided to pass on the profits to everyone, open up the huge magic crystal market, and let everyone enter it and make money together."
Hearing this, the people in the audience couldn't help but sneered secretly. Who didn't know that the price of magic crystals was astronomical, and if they were to sell it now, they were in a hurry to find someone else to trick people.
The main purpose of their coming was to see who would be willing to become the successor and take over this mess from the Qadir family.
"Today, our Kadir family has decided to auction the ownership of a total of fourteen magic crystal mines owned by the family. Depending on the size of the proven reserves, the starting price ranges from one million gold coins to 50 million gold coins. Wait, I hope everyone will take action as appropriate..."
Fourteen magic crystal mines?
Tang En, Fiona, and Alleria frowned and exchanged glances subconsciously.
The Kadir family previously owned a total of eight small mines, six medium-sized mines, and two large mines. After Tang En blackmailed one large mine, there should be fifteen more mines. In other words, Frank did not use all of them. Put the mine up for auction?
Without giving Tang En and the others time to think, the auction had already begun.
The first auction was for small mines, with prices starting from one million gold coins, however...
"One million gold coins, you only need one million gold coins to own the ownership of this magic crystal mine. What are you still hesitating about? If you don't buy it now, after this time, there will be no chance to buy it again! "
Even though Charles was sweating profusely on top, the people in the audience were still indifferent, waiting to watch the show with amusement on their faces.
Fiona pursed her lips and whispered: "It's really pitiful...but it's very satisfying."
A smiling Tang En shook his head: "He is telling the truth, but only we know that this is the huge benefit brought by the asymmetry of information."
Charles shouted several times on the stage, but still no one spoke. Just when he was helpless and overwhelmed, a voice suddenly pulled him out of despair.
"one million."
"One million! Baron Down offers one million!"
At this moment, Charles almost fell in love with this hateful Ellington hillbilly!
"Is there anyone else!? Is there anyone else bidding? The proven reserves of this mine are astonishing, and the total potential value of full mining is at least tens of millions of gold coins. Isn't there anyone interested?"
Heartbeat? Heart beats are of no use.
A group of people sneered secretly, no matter how high the potential value is, there still has to be a market to sell it. The City of Silver doesn't even accept the goods, so where can they sell it?
Only the country bumpkin baron from Ellington would be eager to have some fixed investments to stabilize his own value.
If it weren't for him, I'm afraid today's mine auction of the Kadir family would have become a joke among the aristocratic circles.