Market Discussions

The picture becomes a bit clearer now that the mineral quantities are known (assuming no further tweaks). But the build costs in isk of course depend on mineral prices. The current mineral market is significantly distorted by increased (speculative) BS production. The post-Odyssey mineral market will be distorted by reduced BS production due to the glut caused by the extra pre-patch production. It will take some time before prices settle down.

The interesting part of the mineral changes to me is the reordering of BS costs. A Dominix will cost more than a Megathron, and an Armageddon will cost more than an Apocalypse, etc.

Better than I dared hope for!

So in summation....buy battleships??

You are absolutely right. Teir 1 Battleships are a very safe bet. Smart money has been buying ice/products for months now. There is an oppurtunity cost that must be considered between investing in the ice market verses the Teir 1 BS market.

An oppurtunity is available to take advantage of the spike in ice prices to sell inventories (assuming you have been buying early/stockpiling) then move into the BS market to take advantage of a quick and dirty 30 to 60+% return on the BS market, then pile back into the ice market for an easy long term investment that should give a strong returns over the next year or two.

This assumes the investor sells most of their inventories pre-expansion as the current frenzy of ice mining will only keep ice prices depressed for so long. The risk is that the slippage during the time needed to take advantage of the rebalance cancels out the quick gains from the battleships, or the ice market thins out and the investor is unable to fully invest back into the market at a reasonable rate.

So it is a question of timeframe, the ice markets will generate a very strong return, but over a long period of time (you cannot short sell the market like in previous price spikes), or go for the quick and dirty returns of the rebalance. I expect most will split up their investment between each market by whatever metric seems reasonable.

is this a stealth change or has it been announced somethere? Looks like big changes.....

And, if mynnna is building Tier 1 battleships, that is a good reason to look for something else to build.

How many battleships do you have cooking in the queue already, mynnna? 1,000? 10,000? :)

Smart move, really.

Retrievers took a while to reach their new build cost.
Procurers are still way below. (though you could make a profit now)
I've not checked out the frigates and cruisers.
Battlecruisers are below their pre-change build costs. (using current mineral prices)


Huge numbers have been built. And how often are Battleships lost?

same here, builds completed long ago - though not nearly as many because :techpoor: The recent objective for me was getting out of the well researched BPOs for tier1 BS as they're selling at a premium for folks trying to install build orders now, and it'll be a long time before they're profitable again. it was nice to get back 200% what I paid for the BPOs due to latecomers to the party.

idea for others still trying to get in on this - in many regions the region-wide buy orders for tier 1 BS are still 5%-10% below current build costs. it's an easy buy-order to manage and could net you more hulls at low prices now for flip later on if you're interested in managing the collection and sale over time.

The question is what mineral prices will do. I expect that low end minerals will tank this summer. Which makes it possible that BS will be cheaper than before even with increased mineral costs.

85 mil seems a bit high.