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Kalok
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Posted - 2003.10.22 07:17:00 -
[1]
Why do buyers want raw ore and give higher prices compared to refining it yourself at the highest refinery skill levels. Refined it would save a lot of cargo space and would make any miner happy. I fail to see the reason. Can anybody enlighten me?
Greetz, Kalok.
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Princeton
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Posted - 2003.10.22 07:40:00 -
[2]
Not sure if I understand your question but...
Buyers are the ones (usually) with the high refining skills. Sellers are (usually) the new players who's own skills havent advanced high enough. Hence the newer player can make more money initially by selling ore and buyer will make profit from refine (win-win). Another reason, Buyers get the leftovers from incomplete refines from people wanting to empty hangar, dont want to hual, etc... and over a period of time will profit.
---------------------------------------------- "The empires of the future are the empires of the mind." Sir Winston Churchill, 1874 - 1965 |

Kalok
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Posted - 2003.10.22 08:32:00 -
[3]
Should I refine a 1000 omber with the highest refinery skills and sell at the best (npc) prices I would still recieve less money then selling the ore raw. Therefore a miner brings raw ore to the highway. Should he receive more for the minerals he could refine himself and save himself hundreds of trips because the minerals take far far less space! I fail to see what mechanisem is behind this .
Greetz, Kalok.
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Kushy
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Posted - 2003.10.22 11:21:00 -
[4]
Thats all fine and dandy with 1000 omber. when you start dealing with numbers like 200000 omber.... i would definately look into selling it as an ore. why? because you just sold everything in one shot. no hauling, no advertising multiple minerals, no piecemealing it off bit by bit. Your done in one transaction, and time is definately money.
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Shaelie
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Posted - 2003.10.22 13:36:00 -
[5]
Your logic is flawed. Now I have to haul 200k ore instead of the minerals. Minerals take up no where near as much space as Ore.
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Kushy
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Posted - 2003.10.22 13:53:00 -
[6]
When selling ore the buyer comes to you, hauling is not an option. I thought that was a given, apparently i was mitsaken. 
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Kaaii
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Posted - 2003.10.22 14:00:00 -
[7]
Edited by: Kaaii on 22/10/2003 14:02:33
Quote: Your logic is flawed. Now I have to haul 200k ore instead of the minerals. Minerals take up no where near as much space as Ore.
WEll yea, if you deliver..
But the idea is (if you have that much ore to sell) is to find a buyer, have him come TO the staion its at, refine it there, and cart off the minerals. Easy really.
Most ppl with high refining skill are making anywhere from 1-20isk per ore piece, depending, so its a win win for both. You get your coveted ISK, they get thier minerals.
As an owner of Ref 5/Ref Eff5, I can tell you its worth the time for me to jump even up to 10-20 gates for a good deal on ore. In fact ive made most of my millions just buying and selling ore at the right prices, sort of a commodities trader if you will.
For example, the omber scenario above, if I buy it at, say 35isk per, and they have less then 5/4(most don't go that extra point), I make 4+isk per unit. A nominal earning if I don't have to travel far. They get more isk per unit if they don't have that high a skill, then if they refine it themselves. And theres no hauling for them, so they are back to mineing quickly. I take the risk of grief--, er pirates ganking my loaded down indy, and for that, I get the extra few isk. To date, ive only lost one load, which was early on my career, moving some nox in a brand new kestal. Ship was insured but nothing to do about the load. Most pirates can only gank a newbe once in thier lifetime before tactics are learned, and safe guards are taken. But I digress..
With a bit of capital you can make a living just doing this, for a few hours a day tops.
kaaii
"..Id rather fall beside 10 lions, then stand with One thousand sheep.."
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Plasmatique
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Posted - 2003.10.22 15:17:00 -
[8]
If I understand the circumstances of your question correctly....
Let's say you, Kalok, are mining omber in the system you are in. You mine 20154 units of omber. If I remember correctly, it takes 500 units for a refine. You refine your ore and have 154 units left over. You are tired and done mining for the day and hate to leave that ore in your hangar as you like a tidy assets window. What are you going to do? Quicksell it probably.
Now multiply what you've just done by 20 people.
I put in a system wide buy order to buy omber at a decent price...but perhaps less than what a unit of omber should cost per unit if you recycled it and sold the iso.
Oh look, now I have over 6 refines of omber which people sold me. And it took me very little work and very little time, except I now have to go around and pick it all up.
..................................... Proud Owner of a Navy Issue Raven
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Alan Bell
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Posted - 2003.10.22 15:45:00 -
[9]
thats y u put a minimum amount on it. (100k if u want) its on teh far right side i believe when u place a buy order http://coldfusion.online-guild.com |

Marcus Grisbius
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Posted - 2003.10.22 16:04:00 -
[10]
Sometimes you will have corps who set buy orders for ore higher than the npc price of the minerals even when refined at Ref Eff 5. I believe this is what the original question was about. I have noticed this as well.
Some stations have scordite orders of 8isk per unit. The npc value of the ore is about 7.5isk per unit at full refining skills. Why would people do this? Simple, some corps offer more than npc prices for their minerals, ie Techell. Some offer anywhere from 1.3-1.5 isk for tritanium or up to 5 isk for pyerite. Now, if they can get those mins from the ore for cheaper than that, they will opt to put buy orders up above npc prices.
These corps aren't looking to sell mins they are looking to build. Battleship and cruiser mineral requirements are a tall order if you want to make several a day. They will be needing lots and lots of mins delivered and prices above npc are always enticing. But you can't advertise 1.3isk per unit on the market. Thus they figure the price into the ore and end up saving money from what they would normally pay.
Certainty of death... little chance of success... what are we waiting for? - Gimli, son of Gloinn |

SUNchaser
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Posted - 2003.10.22 17:58:00 -
[11]
As someone who sold lots of ore to techell early in the game when they were buying ore at NPC prices, effectively it makes me an employee of theirs without any of the benifits. I did well mining and selling to them and just assumed they figured the added cost into the price they sold their products for. This strat gives them hundreds of players "mining for them" without any of the headaches of actually having them in the corp. Both sides make out handsomely and the only thing that suffers are the ore belts in the surrounding systems.
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Kalok
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Posted - 2003.10.22 23:32:00 -
[12]
Indeed the good prices for the raw ore are fine but they will refine just as well to make the goods to build. Why must the miners haul and haul to bring the better ore in? Scordite is around the corner but omber not. I rather refine myself and sell against better then npc mineral prices! The time gained I can spend at mining. They get the minerals quicker and I can spend more time mining instead of hauling! Why not place better then npc mineral deals on the market instead of beter then npc ore price or do both, thats my whole piont really.
Greez, Kalok.
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