Serving the Quantitative Finance Community

 
User avatar
CactusMan
Topic Author
Posts: 26
Joined: October 27th, 2005, 8:26 pm

Large Mining Deal in Asia

March 29th, 2015, 6:32 pm

Ok, so hit it. This is a great challenge for you. Imagine you work at a hedge fund and this has been dropped on your table. What will you do? What do you? How will you exectute it.PLEASE DO NOT mention any real names of people businesses or places on this unless you encrypt them.I just sent you a link to a deal where C---- bought a business out of bankruptcy for $38,000,000. That is excellent reading.
Last edited by CactusMan on March 28th, 2015, 11:00 pm, edited 1 time in total.
 
User avatar
CactusMan
Topic Author
Posts: 26
Joined: October 27th, 2005, 8:26 pm

Large Mining Deal in Asia

March 30th, 2015, 11:05 pm

What you think?
Last edited by CactusMan on March 31st, 2015, 10:00 pm, edited 1 time in total.
 
User avatar
CactusMan
Topic Author
Posts: 26
Joined: October 27th, 2005, 8:26 pm

Large Mining Deal in Asia

April 1st, 2015, 10:16 pm

OK, so are you interested? I have a new set of reports I am studying.
 
User avatar
Orbit
Posts: 36
Joined: October 14th, 2003, 5:34 pm

Large Mining Deal in Asia

April 2nd, 2015, 1:42 pm

Last edited by Orbit on April 1st, 2015, 10:00 pm, edited 1 time in total.
 
User avatar
CactusMan
Topic Author
Posts: 26
Joined: October 27th, 2005, 8:26 pm

Large Mining Deal in Asia

April 2nd, 2015, 11:37 pm

Are you making an progress? If you're not interested, then let me know please, so I won't spend time on you.
 
User avatar
twofish
Posts: 0
Joined: February 18th, 2005, 6:51 pm

Large Mining Deal in Asia

April 5th, 2015, 4:49 am

The big risk for these sorts of things is governmental risk. Once you get involved with this, then there friends in the government become your friends, but their enemies in the government become your enemies. SOE's can be very tricky, because you can find that the person you were working with gets involved in a corruption investigation (and in some countries, everyone is corrupt, the only question is how corrupt), and then you find that your money is all gone, with zero recourse. This is really cool because often your money ends up in the pockets of the new group of people.Brokering these deals is rather tricky, because typically, the types of people involved will do very bad things to you if you lose their money.So the first thing to do is to find out who those people are. Who their friends in the government are. Who their enemies in the government are. Also for these sorts of deals, you typically want to get the money, and get out as quickly as you can. The longer your money is frozen, the bigger the odds that the people involved will make an enemy, which will cause all your money to disappear immediately.The financials are pretty much irrelevant.The good news is that you have some safety if you live outside of Asia. If you are in the US, and everything goes bad, the good news is that you lose all your money, and you remember never to set foot in country X.If it's got anything to do with China, I'd take a pass right now. Xi Jinping is going after people, and there are a lot of extremely desperate and nervous officials that trying to avoid the big hammer. The people that normally finance these deals are slamming the doors in their face, so they are pretty desperate for people. One very clever thing that China has done is make a deal with the US government. China will provide the US government with tax information on US expats, and the US cooperates with China in anti-corruption. This happens to be really bad if you are living at the US, because you run the risk that they Chinese government will hand a file over to the USDOJ and you will be under investigation for FCPA violations, at that point the Chinese government keeps the cash, and you are pretty much screwed.
Last edited by twofish on April 4th, 2015, 10:00 pm, edited 1 time in total.
 
User avatar
CactusMan
Topic Author
Posts: 26
Joined: October 27th, 2005, 8:26 pm

Large Mining Deal in Asia

April 6th, 2015, 5:04 pm

Some of the things you say here are dead on. And that is the problem and the opportunity. You are right about the problems of crazy gov. that is all old music to me. (remember I do a lot of business in Mexico)Yeah, money is locked up and hard to get. PM me I would like to hear what you have done before. I can send you the packet.What is your email?
Last edited by CactusMan on April 5th, 2015, 10:00 pm, edited 1 time in total.