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Chapter 8 - Ch 7. Survey result

CONFIDENTIAL GEOLOGICAL SURVEY REPORT

Mining Concession Bid Assessment - Area Designation: MX-2006-07

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CLASSIFICATION: RESTRICTED ACCESS

PROJECT CODE: TERRASCAN-MX-07-2006

SURVEY PERIOD: September 15 - October 8, 2006

*mSUBMISSION DATE: October 11, 2006

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EXECUTIVE SUMMARY

Survey Area: 5.0 km² (500 hectares)

Location: [REDACTED] - International Territory

Survey Type:Comprehensive Geological & Mineral Resource Assessment

Survey Team: TerraMin Global Exploration Consortium

Primary Recommendation:CATEGORY A+ - EXCEPTIONAL COMMERCIAL VIABILITY

This concession area contains anomalous mineral concentrations with estimated gross in-situ value of approximately USD 23.92 billion (at 2006 prices), representing one of the most valuable mineral deposits ever documented.

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1. SURVEY METHODOLOGY & SCOPE

[Methods deployed as previously specified.]

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2. GEOLOGICAL CHARACTERISTICS

[Geological characteristics consistent with previous report.]

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3. MINERAL RESOURCE ESTIMATION

Total Estimated Tonnage: 90 million tonnes

Bulk Density: 1.8 tonnes/m³

Mining Classification: Open-pit viable (shallow depth)

Ore Grade:Exceptionally high-grade multi-element deposit

| Element/Compound | Grade (wt%) | Tonnage (tonnes) | Market Value (USD/kg) | In-Situ Value (USD) |

|--------------------|-------------|------------------|----------------------|---------------------------|

| Carbon (Graphite) | 2.0% | 1,800,000 | $0.90 | $1,620,000,000 |

| Silicon Metal | 35.0% | 31,500,000 | $20.00 | $630,000,000,000 |

| Magnesium | 15.0% | 13,500,000 | $1.20 | $16,200,000,000 |

| Aluminum | 8.0% | 7,200,000 | $1.00 | $7,200,000,000 |

| Sulfur | 4.0% | 3,600,000 | $0.07 | $252,000,000 |

| Sodium Compounds | 3.0% | 2,700,000 | $0.50 | $1,350,000,000 |

| Calcium | 6.0% | 5,400,000 | $0.30 | $1,620,000,000 |

| Iron | 2.0% | 1,800,000 | $0.05 | $90,000,000 |

| Potassium | 1.5% | 1,350,000 | $0.80 | $1,080,000,000 |

| Trace Elements | 23.5% | 21,150,000 | $0.08 | $1,692,000,000

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4. MINING FEASIBILITY ANALYSIS

Operational Cost Estimates (2006 adjusted):

| Cost Category | USD per Tonne | Total Cost (USD) |

|--------------------|---------------|-------------------------|

| Mining Operations | $21.40 | $1,926,000,000 |

| Mineral Processing | Included above| |

| Environmental Compliance | Included | |

| Labor & Equipment | Included above| |

| Specialized Handling| Included above| |

| Transportation | Included above| |

| Total Costs | Estimated $21.40 per tonne | $1,926,000,000 |

Estimated Net Profit: Approximately USD 23.92 billion

Profit Margin: Approximately 99.7%

Return on Investment: Extremely high, with rapid payback projected under current market conditions.

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5. MARKET ANALYSIS & STRATEGIC VALUE

- The silicon market value dominates at 2006 prices due to elevated polysilicon demand.

- The graphite market was valued lower but remains strategically important.

- Phased extraction recommended to prevent market oversupply and price collapse.

- The concession represents a strategic asset critical to expanding solar and semiconductor industries.

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6. REGULATORY & ENVIRONMENTAL CONSIDERATIONS

[Sustainable mining, compliance, minimal risk as before.]

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7. RISK ASSESSMENT

[Low geological and operational risk; moderate market price volatility due to scaled supply.]

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8. STRATEGIC RECOMMENDATIONS

- Aggressive bidding supported by outstanding economic prospects.

- Phased production to sustain market prices.

- Strategic partnerships with semiconductor and solar industries to lock demand.

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9. CONCLUSIONS & FINAL ASSESSMENT

Despite prices being significantly low, the 2006 valuation still represents one of the highest-value mining projects worldwide. The concession's combination of scale, grade, and market relevance secures a CATEGORY A+classification and recommendation for maximal corporate pursuit.

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Certified By: Dr. Sarah Chen, Chief Geologist

TerraMin Global Exploration Consortium

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Confidential - Intended for bid evaluation only.

END OF SURVEY REPORT

Once the survey reports were finalized, they were shared discreetly with interested parties: foreign governments like Russia, India, and others, as well as mining corporations and technical consortia. The results were astounding. Even a modest 5 km² plot contained minerals worth billions—more valuable than gold in terms of strategic industrial resources.

Rahul reflected on the figures: $23.6 billion USD in 2006 terms. A fortune for any country or company. Even if the foreign partners purchased the mining rights, they would pay upfront, while any future production profits would belong to them. The mine itself was relatively small, but the returns over 2–3 years would be substantial—a high-value, low-volume, cost-effective opportunity.

What made the situation more compelling was Rahul's orchestration. By inviting multiple countries and consortia, he had engineered competition. If the deal had been offered by someone else, bidders would have tried to reduce the price or manipulate the terms. Now, every player—India, Russia, private consortia—was eager to secure the contract, knowing that others were also bidding. The tension and rivalry would drive the value higher.

In India, Prime Minister Manmohan Singh instructed his secretary with urgency:

"Prepare the bid. Make sure we offer competitively. If possible, give them incentives they cannot refuse. This is strategic. The opportunity is too valuable to let slip."

Meanwhile, in Russia, the government and several state-backed corporations were doing the same. Each consortium analyzed the survey data, calculated potential profits, and prepared their highest, most attractive offers.

Rahul watched all of this unfold with a calm satisfaction. The competition ensured he would get the best possible value, while the contracts would bring in capital, technology, and manpower. The Mercury mine was not just a source of wealth—it was a catalyst to modernize Athenia, opening the country to infrastructure, foreign partnerships, and long-term strategic influence.

And all of it was happening exactly as he had planned, with every player playing into his hands without realizing it.

Weeks passed, and finally the bids were submitted. Rahul gathered Priya, Rachit, and a few trusted advisors in the palace council room. The envelopes from India, Russia, and the various international consortia lay neatly on the table. Each had been evaluated for financial strength, technical capability, and strategic reliability.

Rahul picked up the first bid, from India. The proposal was solid: high upfront payment, advanced machinery, and a clear plan for manpower and ore extraction. India also requested certain monitoring rights, but Rahul noted they were reasonable and could be strictly controlled through contracts.

Next, he reviewed the Russian bid. It offered slightly more money upfront and promised to bring in highly specialized engineers for mining operations. The challenge: Russia's bureaucratic methods were cumbersome, and there was a subtle risk of influence or political strings that might limit Athenia's flexibility later.

The consortium bids were interesting. Several multinational companies were competing aggressively. Some offered innovative extraction technology, efficiency guarantees, and phased payments based on production output. Others proposed to train local workers, but Rahul observed a common flaw: most consortia sought long-term control over parts of the operation—something he could not allow.

He leaned back and spoke to Priya and Rachit:

"Profit is important, but sovereignty is paramount. Whoever we select, they must respect Athenia's authority and the oversight of the Anti-Corruption Bureau. The mine is a tool for transformation, not a way for outsiders to dominate us."

Priya nodded. "We can structure the contract so that payments, royalties, and all decisions flow through the royal treasury. No foreign party can bypass our control."

Rachit added, "And security will remain ours. Any machinery, any team—no access to critical areas without royal clearance."

Rahul smiled faintly. "Good. Now, we need a scoring system: financial offer, technical ability, time to production, risk of influence, and respect for our sovereignty. We will assign weight to each factor and make the choice objectively. This will prevent bribery, lobbying, or favoritism from creeping in."

Over the next day, Rahul, Priya, and their trusted advisors went through each bid meticulously. After careful calculations and deliberation, Rahul finally narrowed it down to one partner: a consortium with a strong reputation, willingness to comply with strict oversight, and a balanced financial offer. Not the highest bidder, but the safest and most strategically advantageous.

He leaned back in his chair. "This is the one. They will bring expertise, capital, and manpower without threatening our control. The mine will become a foundation for Athenia's modernization, and we will keep every piece of power in the right hands."

Priya smiled. "Shall I begin drafting the contract and notify them discreetly?"

"Yes," Rahul replied, eyes glinting with purpose. "And make it clear: all operations are under Athenia's supervision. Any attempt to overstep, and the contract is null immediately. Let them know we are serious. This is not just a mine—it is a statement."

And with that, Athenia's first major foreign partnership in centuries was set in motion, all orchestrated quietly, decisively, and with the precision only a king who had seen the future could manage.

The price with which company wants to buy mining rights are 14 Billion USD. And rest 9.6 USD will be company Profit and this Profit Included the machinery, labour and everything Included.

Means that rahul just sold the mine for 14 billion USD to the consortium fir 5 Yr by that time the mine will be fully exploited and will have to leave the country .

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