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Priceless Invention
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Posted - 2010.06.14 21:35:00 -
[1]
Ok so I have been mining alot, high sec ore, veldspar, scordite and pyroxeres.
My refining is 99.5% - 5% that the station takes.
Now I checked the total value of it in my station a few jumps from Amarr and got the total, ok so I refined it all and hauled it all to Amarr. Now to my surprise, it is worth less than the raw ore. Is prices generally ****ed in Amarr atm or what am I missing? Feels like the 5% that I lose can't be the big factor here.
Would love if someone could give some light to the subject because as it feels like now, you get more for the ore un-refined which does not feel logic in any way and maybe I should just go ahead and sell everything else I get right away instead of refining it.
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Boogie Bobby
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Posted - 2010.06.14 21:43:00 -
[2]
Certain raw ores are used in storyline missions and sell well, especially in the storyline agent's station.
Beyond that you should check the volume sold, maybe you can make some extra isk?
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Priceless Invention
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Posted - 2010.06.14 21:51:00 -
[3]
Edited by: Priceless Invention on 14/06/2010 21:54:55
Edited by: Priceless Invention on 14/06/2010 21:53:44
It was a big volume, we are talking hundreds of million isk. My last batch consisted of Veld/scordite/pyro at a total of 180M roughly, raw.
Quite a BIG volume just to buy for story line mission, unless I have overlooked how much ore that actually pass through from carebears buying it 
To be more exact it was worth 140M in Amarr and 180M raw a few systems away... Kinda sucks to be honest
Need to make a few calculations if I should just use my own mats to make stuff instead of selling the ore because this was no fun at all 
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Sephiroth CloneIIV
Section 8 Industries
Looney Toons.
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Posted - 2010.06.15 00:25:00 -
[4]
Mabey they want to compress it with orca/roqual, being that compressed ore might contain more minerals for m3 then pure minerals?
Signature removed for having inappropriate content. Zymurgist |
Lafaela
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Posted - 2010.06.15 01:23:00 -
[5]
Since no else has pointed it out, I suppose I better...
That 5% that can't be too big a factor? You should not be losing it.
If you have standing with the station, the 5% decreases - all the way to 0%.
There are many others who will be able to refine 5% more efficiently than you, which makes the ore worth 5% more to them than you.
Until you get that 5% cut down, you are better off selling the ore to someone who has both the standing and processing skills.
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Veliria
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Posted - 2010.06.15 09:04:00 -
[6]
As mentioned, some ores are used in storylines and thus carry some additional value.
However, ores are a lot bulkier to carry around than the refined minerals.
The difference is the smallest with Veldspar (minerals being 1/3 the volume of the ore) but trying to haul tons and tons of any ore is hardly efficient.
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Durnin Stormbrow
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Posted - 2010.06.15 17:04:00 -
[7]
What you may be seeing is that mineral prices are falling, and falling fast. Ore prices tend to lag behind mineral prices, and prices farther from trade hubs tend to lag even more. You're probably seeing buy orders placed for ore at last weeks value, and comparing to mineral prices at todays value.
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Seminole Sun
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Posted - 2010.06.15 17:41:00 -
[8]
 Originally by: Durnin Stormbrow
What you may be seeing is that mineral prices are falling, and falling fast. Ore prices tend to lag behind mineral prices, and prices farther from trade hubs tend to lag even more. You're probably seeing buy orders placed for ore at last weeks value, and comparing to mineral prices at todays value.
This is more likely I think than anything. I would hope that the OP would have understood the 5% thing.
Also, to the OP, do ONE mission for the corp you refine from. If you have the basic missioning skills that increase standing you can't take your standing from 0 (i.e 5% refining tax) to like 1.0 (~3.7% refining tax) with a single mission. That's well worth it IMO (note: those numbers are from memory so don't hold me to them but the point is the same).
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Zenst
Aliastra
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Posted - 2010.06.15 19:51:00 -
[9]
Edited by: Zenst on 15/06/2010 19:52:38
The % take in refine at a station is a small but not insinifigant part of your profits.
Now in this case what has happened is that mineral prices have tanked a bit past week and if you look at Amarr trit you can see that clearly. When this happens those that buy ore can lag behind dependant on how often they update there buy orders. As such you could sell you ore for more than you would get refining and selling in amarr on alot of ores past few days.
But you should seriously sort out some perfect refining and that means no % station take as that in all effect saves you 5% of your time. FYI 5% of 24 hours is 1hour 12 minutes if that helps put things into perspective.
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Priceless Invention
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Posted - 2010.06.15 20:31:00 -
[10]
Yes I do understand the "big" picture and it somewhat makes sense with ore prices being behind refined ore but 180M raw and 140M refined is 22% less. So yes while the 5% do affect the income long term it just felt weird with 22% less.
Guess I can buy the refined ore material dropping faster than the raw material theory, seems logic.
Thanks
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Dani WH
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Posted - 2010.06.15 21:31:00 -
[11]
"world is full of morons"
remember this next time and enjoy selling your raw ore, while the "intelligent" customer refines it and loses nice amounts of isk 
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