Chapter 31

After leaving Darren’s place, Fabian didn’t urge Oliver to go to the next one. Instead, Fabian said with a smile that he would take them to dinner.

The restaurants in Manchernius were not as good as the ones back in the country, but they were still quite unique.

The meal cost 200 thousand Manchernius dollars, which came down to 200 dollars after conversion. Fabian secretly paid the bill so that Oliver could hot take it from him.

That day, Fabian had already earned about 90,000 dollars from Oliver. Thus, it would seem wrong if Fabian were still reluctant to pay a few hundred dollars.

It was still early, just after noon, after they finished the meal.

Fabian smiled and said to Oliver, “Mr. Eastwood, we’re in no rush anyway. How about I take you to the mine site?”

Hailey rushed to say, “Sure. I’ve never seen how jadeite is produced.”

Oliver also nodded, but he asked Fabian carefully, “Can you buy it on the spot if we see a good stone?”

“Of course.” Fabian nodded and replied, “You can buy the stones from private mines whenever, as long as the mine owner thinks the price is appropriate. However, the old mine materials owned by the government cannot be sold privately. Generally, they are only auctioned in the official auctions. Then again, there is nothing that they wouldn’t sell as long as the price is right. They are not fools, after all. Why won’t they sell it to you if you offered 300 thousand dollars for something that could only sell for 200 thousand dollars in the official auctions?”

part of the

In the past, Manchernius’s raw stones were not prohibited from private trading. The government only took a profit as tax. However, later, the government received fewer taxes even though the price of jadeite rose higher and higher. Thus, the government withdrew the right and changed to public auction.

That way, it maximized the profits of jadeite to its most.

The raw stone mined from Manchernius were mainly sold through stone gambling. On the other hand, semifinished and finished jadeite products after cutting were much fewer. That was because it would already be considered lucky if one managed to get ten usable stones from 100 raw stones. Moreover, it was even more difficult to get a high-quality jadeite. Generally, there might not even be a jadeite in 100 stones.

Therefore, losing at the stone gambling was known as the norm. If 100 raw stones were good-looking, one could be sold for over 200 thousand dollars. One hundred of them would come down to 20 million dollars.

jadeite products that were cut and could be

the piece could be worth hundreds of millions

raw stones. Not to mention, a raw stone could sell for 20 million dollars, but it could barely sell for 200 thousand dollars if

Manchernius only auctioned raw stones and let everyone bet on them. That way, the risk was passed on to the buyers while they sat at the side

from betting on raw stone

Fabian drove Oliver and Hailey straight to the mining

very bad. There were essentially no standard

was full of pits and caves. From a distance, the places where mines were dug among the green

the environment. However, nothing could be done about it, especially in Manchernius, which was ranked among the top poorest countries in the world. With underdeveloped

group first went to a considerably well-located old mining area. The scale was also much larger than the private mining

and Hailey, “The official auction will be held five days later. Thus, you’ll have to wait five days if you want

Oliver replied and looked back

to get there. Naturally, she did not want to

be clouded with sadness. Oliver

to find top-grade jadeite.

had unparalleled identification skills, the item must still exist. Simply put, a world-class jadeite must be mined

possible, he would find her the best jadeite at any

dug and transported out from time to time.

Oliver and Hailey to visit the place for a while. Meanwhile, Oliver

least hundreds of raw/stone pieces were excavated on the spot, and

jade from those old mine materials were much higher than those Oliver had seen before. Almost 90% of the stones had jade cores worth around 90,000

raw stones looked good and were old mine materials. Thus, anyone would know that the auction price by the official auction would not be

even high-quality ice jade or opaque

all the raw stones at

other mining sites. Yet, the results were the same,

Moulmore city center around four o’clock, checked

went out to eat.

to the mining area or wholesalers to see raw stones anymore at night, he drank and

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