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Krixtal Icefluxor
INLAND EMPIRE Galactic
58417
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Posted - 2013.10.18 11:20:00 -
[31] - Quote
Poasting in a NecroThread.
2 months have gone by, so I must edit my previous post of 4 Bill ISK/month Fuel Block sales to the more accurate 5 Bill a month. "Who thinks it's normal to kneel down to a naked man who's nailed to a cross? It's like a bad leather bar." -- John Waters |
miner crom
Destruction for Hire
0
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Posted - 2013.10.18 14:52:00 -
[32] - Quote
Well my math isn't wrong is it ?
Question do you ?
A. Mine your ICE products to make your fuel blocks.
B. Buy it off the market.
If your answer was B, then you are correct you can make cheap fuel blocks.
If your answer was A, you must take in account what the ICE is selling for on the market and explain to us, why it's better to refine it.
Being a simple Miner, these things gotta be laid out in simple terms...:)
Miner Crom
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Steve Ronuken
Fuzzwork Enterprises Vote Steve Ronuken for CSM
1950
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Posted - 2013.10.18 15:30:00 -
[33] - Quote
I buy off the market.
Ony an idiot doesn't charge himself market rates for things. Steve Ronuken for CSM 9!-á I'm starting early :) Handy tools and an SDE conversion Twitter: @fuzzysteve on Twitter |
miner crom
Destruction for Hire
0
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Posted - 2013.10.18 16:09:00 -
[34] - Quote
Great to hear that your buying off the market.
So you agree that mining your own ICE to make Fuel Blocks is a loss in profit.
Now, things I did not consider.
Out of the ICE cubes needed to make one Fuel Block you get twice the Heavy Water and about 480 more pieces of ISO than needed. (Rough figures, math off top of head)
So could you possibly come out cheaper or as cheap as the market ?
I will do the math and have results below. |
Bugsy VanHalen
Society of lost Souls
827
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Posted - 2013.10.18 16:16:00 -
[35] - Quote
Kalarax wrote:Alexander Eisenhower wrote: How can you subtract your raw material cost that you got from your own planets? I dont understand your logic. You have increased your profit by 1000isk/ per block. I'm an indy noob 4 sure but it sounds like its subject to market prices and where you got your info. Try actually selling all the materials and see if you actually make more. Than ask yourself which way is more fun? Personally, I enjoy following through with the process. But what do I know, I still struggle to buy a plex, lol
Because materials from your own planets are not free simply because you mined/PI'd them. They have a value associated with them which the OP correctly understands and incorporated into his profit margin determination. Very true, But what "price" is he using. If he values his raw materials at Jita sell prices then his profits will be minimal. Especially if he uses Jita buy prices for the end value of the fuel blocks. realistically yes, if you were buying the materials you would likely buy from Jita sells, and then sell the blocks to jita buys, but then would you not also sell your mats to Jita buys if you when that route and did not even build the blocks? Even so, 1,000 isk per block is a decent profit.
I agree 100% that you need to count the value of your mats, even if you produce them yourself at near zero cost, they still have a raw value you can sell them at. However you need to use a value that you could reasonably sell them at, not the absolute max you could possibly get for them. If you are using Jits buy prices for your final sale, then you should also use Jita buy prices for the value of the mats you made.
What i find is really funny about fuel blocks, even with all the ICE and PI products bouncing around in price, a caldari fuel block right now is selling for just over 15,000 isk, the same price I was selling them for over a year ago when the PI and ICE product mats were way way cheaper. You know back when you could get raw ICE for 120,000 per block, and tax on PI was almost nothing. |
Steve Ronuken
Fuzzwork Enterprises Vote Steve Ronuken for CSM
1951
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Posted - 2013.10.18 22:15:00 -
[36] - Quote
miner crom wrote:Great to hear that your buying off the market.
So you agree that mining your own ICE to make Fuel Blocks is a loss in profit.
Now, things I did not consider.
Out of the ICE cubes needed to make one Fuel Block you get twice the Heavy Water and about 480 more pieces of ISO than needed. (Rough figures, math off top of head)
So could you possibly come out cheaper or as cheap as the market ?
I will do the math and have results below.
Uh... Mining your own ice is a totally different profit stream?
You mine the Ice, then 'sell' it to yourself for manufacturing, at Jita prices.
I don't see how you're losing isk? Ice mining may not be particularly profitable, but that has no effect on if you make a profit with the blocks or not.
You're almost certainly going to be needing to sell /some/ ice product to the market, as no ice contains exactly the right mix as fuel blocks need. (because that's not the only use for them) Steve Ronuken for CSM 9!-á I'm starting early :) Handy tools and an SDE conversion Twitter: @fuzzysteve on Twitter |
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