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Seth Bullock, the owner of Bullock Gold Mning, is evaluating a new gold mine in South Dakota. Dan Doritv. the combanv's geologis, has just finished
Seth Bullock, the owner of Bullock Gold Mning, is evaluating a new gold mine in South Dakota. Dan Doritv. the combanv's geologis, has just finished his analysis of the mine site He has estimated that the mine would be productive for years, after which the gold would be completely mined. Dan has taken an estimate of the gold deposits to Alrn Garrett, the company's financial officer. Alma has been asked by Seth to performan analysis of the newmine and present her recommendation on whether the compary should open the new mine. Alma has used the estimstes provided by Dan to determine the revenues that could be expected from the mine. She also has projected the expense of opening the mine and the annual operating expenses along with a maintenance and ventlation upgrade in year 4 . Bullock Gold Mining hasa required return on all of its gold mines
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