Space ship | Business & Finance homework help

Throughout recent history, mankind has mined natural resources from the ground. Your boss, Peter Diamandis, wants people to stop looking down for minerals, and start looking up. He points out that even within our own solar system there is a single asteroid, 241 Germania, that has $95.8 trillion of mineral wealth inside it (at today’s prices). This is a figure nearly as large as the annual GDP of the entire world. That particular asteroid is a little too big and a little too far away, but there are lots of smaller accessible asteroids with loads of platinum. He proposes building a private space program to capture some high value asteroids and bring them back to earth to mine the platinum.

Don't use plagiarized sources. Get Your Custom Essay on
Space ship | Business & Finance homework help
Just from $13/Page
Order Essay

Building a spaceship is not something you do on a shoestring budget, so the question is whether bringing one of these things back to earth is a positive NPV project. A related question is whether bringing an asteroid back to earth might have some unintended consequence. As it turns out, asteroids have landed on earth before, just ask the dinosaurs. Ignoring the haters that claim this concept may not be a good idea, he is considering starting an asteroid mining company named “Planetary Resources” to harvest these minerals and has asked you to help him analyze the project.

The timeline for the proposed business is as follows: In Year 0 (i.e., this year), Dr. Diamandis would begin acquiring the necessary labor and assets to set up operations. In Years 1 and 2, they will continue building the spaceship and in years 3 through 7 the business would be in full operation, collecting asteroids full of platinum and bringing them back to earth. He plans to sell the spaceships to NASA at the end of Year 7. In Year 8 nothing will happen except he will collect all the outstanding working capital. He will then move on to some other revolutionary idea, perhaps building a colony on Mars with Elon Musk.

contd……………………… 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more