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Get PriceDec 30 2021Mini Case Page 168 Bullock Gold Mining Seth Bullock the owner of Bullock Gold Mining is evaluating a new gold mine in South Dakota Dan Dority the company s geologist has just finished his analysis of the mine site He has estimated that the mine would be productive for eight years after which the gold would be completely mined
Get PriceIf the company opens the mine it will cost $625 million today and it will have a cash outflow of $90 million nine years from today in costs associated with closing the mine and reclaiming the area surrounding it The expected cash flows each year from the mine are shown in the nearby table Bullock Gold Mining has a 12 percent required return
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Get PriceTranscribed image text Chapter 8 Case Study Bullock Gold Mining Seth Bullock the owner of Bullock Gold Mining is evaluating a new gold mine in South Dakota Dan Dority the company s geologist has just finished his analysis of the mine site He has estimated that the mine would be productive for eight years after which the gold would be
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