Chapter 1153 Getting More and More Outrageous



"I don't know, I'm waiting for notification too!" Ma Wanjun said, taking the money and closing the door.

This group of people stood guard at the company entrance, grabbing and questioning anyone who came out. They kept watch for two whole days, and after sorting through the information they gathered, they learned that the company was controlled by Jiafeng Group in China, and that the major shareholder of Jiafeng Group was Schroder Group.

After careful and rigorous reasoning, they came to a shocking conclusion: Europe is going to go head-to-head with the United States in the metal energy sector!

They didn't believe that a small company like Jiafeng Group could pull off something like this, especially since South Africa is now the leading country in Africa, rich in minerals, and is a target of courting by countries around the world.

These individuals immediately instructed their fund companies to go long on tungsten mines and reported the matter to higher authorities. As soon as the London Stock Exchange opened that afternoon, the price of tungsten quickly rose by four percent, becoming the most dazzling commodity in the market.

If talent is the most valuable asset in the 21st century, then information was the most valuable asset at the end of the 20th century. The fund managers' investigation was quickly reported, and the higher-ups studied the information for a long time. They felt that this matter was not simple.

Firstly, South Africa was once a British colony. Even after gaining independence in 1961, it was still secretly controlled. After Mandela came to power, he chose independence and development. The United States and Europe invested a lot of companies here and controlled various mineral resources. It can be said that this is a place where the United States and Europe compete.

This is also why Lu Feng is not afraid of pressure from the United States. The reason he told Ma Wanjun to pay attention to his personal safety is because South Africa has begun to experience chaos at this point in time due to the influx of a large number of refugees.

In a large conference room, more than a dozen important figures from Wall Street were present. Everyone frowned as they looked at the document in their hands, while Lambert looked relaxed. Clearly, this was Lu Feng's counterattack.

"Based on the contents of this document, I cannot understand the purpose of convening such a meeting with so many people," Lambert said first. "The rise in tungsten prices in the futures market is our retaliation against Jiafeng Group for suppressing them. All we need to do is dismantle this newly established tungsten mining association."

A member of parliament across from me shook his head and said, “I think this is very serious. This is a resource war. It is obviously a test set up by Europe. As long as we do not react, gold mines, diamond mines and the production of various resources will follow one after another. This will become a bargaining chip and strategic containment tool for South Africa and Europe against us.”

"Once we are put on the defensive, we will pay a higher price in terms of energy prices. Therefore, we should be tough in the face of such provocations. First, private enterprises should retaliate, followed by the national level. If that still doesn't work, I think we can send an aircraft carrier!"

Lambert was dumbfounded. This was just Lu Feng's revenge, so why was there going to be a war? What did it have to do with Europe?

“I also think Mr. Lambert’s vision is too narrow. This kind of thing is obviously meticulously planned and could not have been done by a single company. There must be European involvement behind the scenes. According to my information, Schroders is the major shareholder of this company, and Britain still has a lot of influence in South Africa. How could so many mineral acquisitions be completed so quietly without British assistance?” another person said.

When this logic was put forward, everyone nodded in agreement. However, what they didn't expect was that in order to obtain cheap raw materials, they kept squeezing the local tungsten ore prices down and squeezing the profits down until the Ronald family wanted to quit.

Lu Feng completed the acquisition in just over 100 million US dollars, a process that was incredibly simple.

These people gathered around the table and talked more and more deeply, from resource competition to African strategy, then global layout, plus Schroder's investment in Jiafeng many years ago, and Lu Feng's secret purchase of mines. This was simply a wonderful show of covert operations!

The thought alone sends chills down my spine. South Africa holds 60 percent of the world's gold reserves and ranks among the world's top in many other mineral resources. If Europeans were to take them, and the euro were to be linked to gold again, the impact would be enormous.

Lambert was sitting there, too tired to say anything. These people were getting more and more outrageous!

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