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Value/M3 Formulae Wanted

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Sidrat Flush Caldari Life is Experience	Posted - 2009.04.03 13:34:00 - [1] What I really want to know is, how do you calculate the Isk value per M3 of a given type of Ore? I've already calculated the price per unit of ore based on the mineral prices you get from it, but I'm very confused as to how to go about getting the Value per 1 m3 of each ore, especially as most are over 1m3 in the first place and a few are less. Please someone help. -------------------------- Life is about memories the more the better. EXP-L Refining Calculator
Gavin DeVries	Posted - 2009.04.03 13:41:00 - [2] I'll give you an example using veldspar. Veldspar has a density of .1 m3 per unit, and takes 333 units for a batch in refining. This means 1 batch of Veldspar is 33.3 m3. One batch of Veldspar produces 1000 Tritanium. If the current price of trit is 4.18 ISK per unit, then 1 batch of Veldspar will produce 4180 ISK worth of Tritanium. Divide the value by the volume and you have the value per m3, in this case 4180/33.3, or 125.52 ISK/m3. It's more complicated with other ores that produce multiple minerals, but the idea is the same. Figure the volume of 1 batch of the ore, add up the value of all minerals produced from one batch, and divide the latter by the former. ______________________________________________________ Isn't it enough to know that I ruined a pony making a gift for you?
Jacabon Mere Caldari red dwarf industries	Posted - 2009.04.03 13:48:00 - [3] Edited by: Jacabon Mere on 03/04/2009 13:49:28 the above works...but for my spreadsheet i did. EDIT - which is pretty much the same as above veld is the example again (mineral amount from refine)/(batch size)(mineral value)/ore volume) 1000/3334.2/0.1 = 126 now you have to do that for each mineral if there are more than one and just add them. ----------------------- Red Dwarf Industries is recruiting Aussies/players active around DT. Check out our thread here
Sidrat Flush Caldari Life is Experience	Posted - 2009.04.03 14:01:00 - [4] Originally by: Gavin DeVries I'll give you an example using veldspar. Veldspar has a density of .1 m3 per unit, and takes 333 units for a batch in refining. This means 1 batch of Veldspar is 33.3 m3. One batch of Veldspar produces 1000 Tritanium. If the current price of trit is 4.18 ISK per unit, then 1 batch of Veldspar will produce 4180 ISK worth of Tritanium. Divide the value by the volume and you have the value per m3, in this case 4180/33.3, or 125.52 ISK/m3. It's more complicated with other ores that produce multiple minerals, but the idea is the same. Figure the volume of 1 batch of the ore, add up the value of all minerals produced from one batch, and divide the latter by the former. So that would mean it's Batch Price/Volume of 1 Refine Batch m3 Okay then, so : Volume of 1 Refine Batch = Units * Ore Volume Right thank you, I seem to get a value of 125.53 not .52 so there's a rounding issue to deal with somewhere. When Tritanium has a price of 4.18 then Veldspar is worth more than Spodumain per m3, thankfully at 3.85 it's still only 1isk less than spodumain. Something is very wrong when it comes to mineral prices and I can state with a fact it's because of the sheer number of tritanium units required to produce items. I've done a few calculations and in most (if not all) ships 75% +/- 1% of the total mineral volume is Tritanium alone. Pyerite can account for the second largest chunk around 20% and the other minerals in the other 5%. Ridiculous. -------------------------- Life is about memories the more the better. EXP-L Refining Calculator
Sidrat Flush Caldari Life is Experience	Posted - 2009.04.03 14:10:00 - [5] Originally by: Jacabon Mere Edited by: Jacabon Mere on 03/04/2009 13:49:28 the above works...but for my spreadsheet i did. EDIT - which is pretty much the same as above veld is the example again (mineral amount from refine)/(batch size)(mineral value)/ore volume) 1000/3334.2/0.1 = 126 now you have to do that for each mineral if there are more than one and just add them. It might be easier if you calculate the Value of the total Minerals obtained from a perfect refine THEN find the isk per m3. So I use: Batch Price/(Units Per Refine BatchWeight of Ore) Batch price is just (minerals obtained current mineral price)+(repeat for all types) This gives me when calculating for normal Veldspar ú3850/(3330.10) = ú 115.62 Spodumain is: ú466,606.00/(25016) = ú 116.65 Ridiculous isn't it :D -------------------------- Life is about memories the more the better. EXP-L Refining Calculator
Akita T Caldari Navy Volunteer Task Force	Posted - 2009.04.03 15:57:00 - [6] Veldspar: 333 units * 0.1 m^3/unit = 33.3 m^3/batch perfect refine batch = 1000 Tritanium * 4.25 ISK/unit Tritanium price = 4250 ISK/batch 4250 ISK/batch / (33.3 m^3/batch) = 127.627(etc) ISK/m^3 _ Create a character \|\| Fit a ship \|\| Get some ISK
Clansworth Good Rock Materials	Posted - 2009.04.03 16:57:00 - [7] you are right, spod is worth about the same as veldspar... yes, this is bacause trit has a very high demand... veldspar is also in very high supply (availble everywhere). Spod is much lower in demand, and is, itself, shorter in supply. However, the minerals that spod give are available in great qualtities from non-mininng sources.. therefor supply > demand -> low price. nothing broken here. System Influence
Irish Blend Caldari 10045th Logistics Battalion	Posted - 2009.04.03 17:18:00 - [8] I point people to http://mo.fraek.nl/oog/?id=iskhour And get them out of thinking about the price of minerals and into thinking about mining yield per M3 It is ashame that so many minerals don't do these calculations and chaeck the market more often - they are losing profits
Sidrat Flush Caldari Life is Experience	Posted - 2009.04.07 12:54:00 - [9] Originally by: Irish Blend I point people to http://mo.fraek.nl/oog/?id=iskhour And get them out of thinking about the price of minerals and into thinking about mining yield per M3 It is ashame that so many minerals don't do these calculations and chaeck the market more often - they are losing profits The isk/hour calculation assumes that you can mine without pausing or breaks for one hour. Generally not possible for a variety of reasons, but I see what you mean. I like the idea of having Ore calculated by maximum cargo hold on a ship and it will calculate the maximum ISK value of the full load. -------------------------- Life is about memories the more the better. EXP-L Refining Calculator
Dmitryilyin Gallente Risky eXplosion Death or Glory	Posted - 2009.04.07 14:32:00 - [10] http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1008844&page=1#10 One of programs here can do what you want This is output ftp://hellnet.fdns.net/eve/DOC/oreprice.txt

Block Ukx Forge Laboratories	Posted - 2009.04.08 15:33:00 - [11] Ore Income BSAC Mineral Market Manipulation (MinMa) Information Desk


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