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Joshuha Bones
Bones Corporation
0
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Posted - 2015.02.20 15:21:29 -
[1] - Quote
I am wondering if anyone have already started a ORE byback program in their corporation. I have 2 questions about it:
- How much ISK the corporation need to have to start a ore program ?
- I read that a common price to byback is 15% lower then jita, that mean corporation need to haul the stuff to jita and get 15% profit to by more ore from corp member ?
Anything usefull about the subject is welcome. Please, keep your ranting comments for another post!
Thank your very much
Joshuha Bones |
Chal0ner
Coreli Corporation The Kadeshi
137
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Posted - 2015.02.20 15:52:50 -
[2] - Quote
Joshuha Bones wrote:- How much ISK the corporation need to have to start a ore program ?
- I read that a common price to byback is 15% lower then jita, that mean corporation need to haul the stuff to jita and get 15% profit to by more ore from corp member ?
If I remember correctly I ran it at 10% below Jita back in the day. Never knew how much cash we had, but should've been a bit as we ran several money moons. I think 10-20% below Jita is fairly common depending on distance to the hell hole and logistics. |
Solonius Rex
F0RCED ENTRY F0RCED ENTRY.
153
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Posted - 2015.02.20 16:29:04 -
[3] - Quote
Joshuha Bones wrote:I am wondering if anyone have already started a ORE byback program in their corporation. I have 2 questions about it:
- How much ISK the corporation need to have to start a ore program ?
- I read that a common price to byback is 15% lower then jita, that mean corporation need to haul the stuff to jita and get 15% profit to by more ore from corp member ?
Anything usefull about the subject is welcome. Please, keep your ranting comments for another post!
Thank your very much
Joshuha Bones
You need as much isk as whatever the amount your corp will be mining. If they mine every day and make 100 mill a day, then you need 100 mill isk a day to buy it. Generally id say you should have atleast 200 million isk, though again, it depends on your corp and how frequently your corp mates mine.
And yes, 10-15% below jita is about the norm.
If you ever need help though, im always up for buying ore at reduced prices and i know a friend who can reprocess them with his perfect refining skills which decreases the cargo size considerably, while increasing profit. |
Ditero Endashi
Protomonolithic
4
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Posted - 2015.02.20 16:52:06 -
[4] - Quote
On the wrong char but meh.
Back when I ran an ore buying program it was done very simply, you contracted the ore to me, I refined it (when max efficiency in empire was still a thing) Once every week I did the freighter runs to Jita and everyone got payed once the ore/mins were sold, I used 7.5% under jita buy orders.
This method required trust, fortunately the corp we had at the time was one that was created from people that knew eachother ingame from other places and formed a corp so the trust was already there in a way. People that joined afterwards were sometimes reluctant to place that trust (understandably) but after a few weeks of seeing other people getting paid etc they started to put a little faith in the system and little by little the volume increased.
Unless you have a shady past or you drop the ball along the way, this method can work pretty easily. |
Solonius Rex
F0RCED ENTRY F0RCED ENTRY.
153
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Posted - 2015.02.20 16:58:05 -
[5] - Quote
Ditero Endashi wrote:On the wrong char but meh.
Back when I ran an ore buying program it was done very simply, you contracted the ore to me, I refined it (when max efficiency in empire was still a thing) Once every week I did the freighter runs to Jita and everyone got payed once the ore/mins were sold, I used 7.5% under jita buy orders.
This method required trust, fortunately the corp we had at the time was one that was created from people that knew eachother ingame from other places and formed a corp so the trust was already there in a way. People that joined afterwards were sometimes reluctant to place that trust (understandably) but after a few weeks of seeing other people getting paid etc they started to put a little faith in the system and little by little the volume increased.
Unless you have a shady past or you drop the ball along the way, this method can work pretty easily.
Unless youre in a superlarge indy corp with daily mining ops, ore buyback shouldnt really be an issue, even on a personal level. I prefer contracts where you pay them, that way its easier to keep tabs on who sold what. Just plug it into Evepraisal, and -10% from the buy/sell price at Jita. |
ShahFluffers
Ice Fire Warriors Snuffed Out
7412
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Posted - 2015.02.20 17:20:41 -
[6] - Quote
Make a spreadsheet. Trust me... everything becomes easier with a spreadhseet.
Change isn't bad, but it isn't always good. Sometimes, the oldest and most simple of things can be the most elegant and effective.
"How did you veterans start?"
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Joshuha Bones
Bones Corporation
0
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Posted - 2015.02.20 18:28:59 -
[7] - Quote
Nice, so i think contracting minerals to corp is the best bet for now... so if i get around 800 millions isk to corporation ( for now its only in high sec to build up the system ) i should be able to buy it from members and have the lonely task to freight stuff to jtia or another hub.
For the spreadsheet, ShahFluffers, do you have an example i can see ? I Know i can build mine, but it takes time. Maybe something that already work may help ?
Thanks for the input, will still wait for more information people can get !
Thanks for help and to keep the post clean with helping information :)
/Josh |
Phig Neutron
Rubicon Cubism
33
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Posted - 2015.02.20 18:34:39 -
[8] - Quote
Joshuha Bones wrote:... so if i get around 800 millions isk to corporation ( for now its only in high sec to build up the system ) i should be able to buy it from members and have the lonely task to freight stuff to jtia or another hub.
Whether it is in highsec, lowsec, nullsec, or WHspace, makes no difference to the amount of capital you need. The relevant questions will be how many people are selling how much ore to you, what the ore is worth, how often you can pilot your freighter to Jita, and how much ore fits in the freighter.
You are proposing a business, and there's no need for you to do this as a corporation activity. You, an individual, can simply start offering ore buyback to corpmates on your own capital if you want.
It's probably a better business in lowsec, nullsec, or WHspace, frankly, because if you are in highsec why would your newbies want to sell at 10-15% below Jita prices?
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Joshuha Bones
Bones Corporation
0
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Posted - 2015.02.20 18:49:26 -
[9] - Quote
Phig Neutron wrote:[quote=Joshuha Bones] if you are in highsec why would your newbies want to sell at 10-15% below Jita prices?
That my friend, is an excellent question. My first guess was to shorten time between mining ops. The tiem they take to haul their stuff to jita, they are not mining. But that can be a good question to ask them, and i Will ... thanks for this input, its very appreciated ! :)
Fly safe /Josh |
Solonius Rex
F0RCED ENTRY F0RCED ENTRY.
160
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Posted - 2015.02.20 20:32:34 -
[10] - Quote
Phig Neutron wrote:Joshuha Bones wrote:... so if i get around 800 millions isk to corporation ( for now its only in high sec to build up the system ) i should be able to buy it from members and have the lonely task to freight stuff to jtia or another hub. Whether it is in highsec, lowsec, nullsec, or WHspace, makes no difference to the amount of capital you need. The relevant questions will be how many people are selling how much ore to you, what the ore is worth, how often you can pilot your freighter to Jita, and how much ore fits in the freighter. You are proposing a business, and there's no need for you to do this as a corporation activity. You, an individual, can simply start offering ore buyback to corpmates on your own capital if you want. It's probably a better business in lowsec, nullsec, or WHspace, frankly, because if you are in highsec why would your newbies want to sell at 10-15% below Jita prices?
When you put it that way, it kinda sounds like hes exploiting them.... |
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ergherhdfgh
Imperial Academy Amarr Empire
378
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Posted - 2015.02.20 20:43:34 -
[11] - Quote
Terms like "buy" and "sell" are not simple knowns in this context. So you have ore then you have minerals. Back in the day when I ran an ore buy back I think we did 10% below the local market hub of where our corp was based (which was not jita) of the minerals that the ore reprocessed into. With the changes in reprocessing I guess that becomes a little more complicated now since ,as I understand it, Your best possible reprocessing in high sec is less than in null sec. Also I believe you have to invest in implants to get best possible now. Further the option exists for you to compress the ore and make it more valuable than uncompressed ore but that takes investment.
Sorry that I brought up more questions than answers but just trying to add to the general base of the discussion here. |
Phig Neutron
Rubicon Cubism
34
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Posted - 2015.02.20 21:21:45 -
[12] - Quote
Solonius Rex wrote:When you put it that way, it kinda sounds like hes exploiting them.... Not really. I can see that it would definitely be a valuable service to provide refining, compression, transportation to Jita, etc. However, in highsec these days there are probably tens of thousands of players who own freighters. The buy orders 20 jumps from Jita are probably not going to be much worse than those in Jita. So there's no need for his service. If his corp were in nullsec or somewhere else with limited logistics, however, he'd be providing a valuable service worth a significant percentage.
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Chal0ner
Coreli Corporation The Kadeshi
138
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Posted - 2015.02.21 05:33:29 -
[13] - Quote
Phig Neutron wrote:It's probably a better business in lowsec, nullsec, or WHspace, frankly, because if you are in highsec why would your newbies want to sell at 10-15% below Jita prices?
This. In high sec you don't even need to haul it to Jita.
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