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Ore Compression and the State of Crius Industry

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Author
Mr Omniblivion
Ministry of War
Amarr Empire
#201 - 2014-09-05 16:56:49 UTC
Shoogie wrote:
Because it took no effort, compression will have no value. Compressed ore will sell at exactly the mineral price.


Compressed ore prices will always average at higher prices than their mineral components. There might be a point where a certain mineral spike causes one type of compressed ore to be slightly worse, but the market will adjust quickly in that instance.

The reason that compressed ore will always be more valuable is because it is the only way to move minerals efficiently, and once the compressed ore is refined, it can never be converted back into a compressed form. Additionally, nullsec gets a bonus on the ore output, so nullsec values compressed ore much higher than individual minerals, meaning we will pay more for it (and we already are paying more for it).

However, paying 50-100% margins on compressed ore simply won't happen except for emergencies. Unlike many highsec miners, we actually pay attention to the math and make decisions based on profitability. We are fine paying a margin (like the current 15-25% margins), but higher than that and we'd either slow/stop production or move our investments elsewhere.

This change absolutely would help us. It would also help anyone doing significant production outside of major trade hubs. It would also allow us to pay highsec miners MORE ISK for the same work that they're doing. We are already a patch ahead of Crius, and the compressed market is still not where it should be.
Mara Pahrdi
The Order of Anoyia
#202 - 2014-09-05 18:03:21 UTC
Aryth wrote:
As a funny aside. Sometimes we don't all share the same degree of enthusiasm for a change.

Myself, I don't actually think we need station compression this moment as I would like to see how this plays out more. I would like to see the higher yield variants rolled into a base compressed type though. Just to simplify the whole process.



Aryth wrote:
I really would love to see Courier contracts to POS somehow. Some sort of anchorable outside the shields invuln mod if you had to. Removing the worst component, M3 movement to your POS, could go a long way to turning this into a really niche profession. It also means a whole lot more things go boom in highsec POS kills.

That sounds like EVE to me.


+2 to Aryth.

These are ideas I can get behind. Keep it in space, do not move more stuff to invulnerable stations.

Remove standings and insurance.

Wopasi
Wicoti
#203 - 2014-09-05 18:20:16 UTC
Mr Omniblivion wrote:
However, paying 50-100% margins on compressed ore simply won't happen except for emergencies. Unlike many highsec miners, we actually pay attention to the math and make decisions based on profitability. We are fine paying a margin (like the current 15-25% margins), but higher than that and we'd either slow/stop production or move our investments elsewhere.


If one ignores the condescending remark, sounds like the opening to negotiations.
Nex Killer
Perkone
Caldari State
#204 - 2014-09-05 19:04:41 UTC
Mr Omniblivion wrote:
This change absolutely would help us. It would also help anyone doing significant production outside of major trade hubs. It would also allow us to pay highsec miners MORE ISK for the same work that they're doing. We are already a patch ahead of Crius, and the compressed market is still not where it should be.


How do you know the compress market isn't at what it should be now? You only say this because YOU and your little friends want it for less. You guys want compressed ore? Either pay the markup or make it yourself. No one's gonna do it for free.
H3llHound
Center for Advanced Studies
Gallente Federation
#205 - 2014-09-05 19:11:17 UTC
A good way to balance the orca compression is the amount of ore it can compress in a period of time. It should not work like the rorq or compression array do now but more like the old rorqual. Sitting in the belt deployed giving boosts and using it tractors to haul in cans for compression. Give it 2 more highslots(1 for core and 1 for tractor) + 3 for the links.
HarlyQ
harlyq syrokos investment station
#206 - 2014-09-05 19:23:17 UTC
I like the idea of the mobile compression unit I will be able to switch to hulks over mackinaws.
Sentamon
Imperial Academy
Amarr Empire
#207 - 2014-09-05 19:42:45 UTC
Umm .. refining takes massing amounts of skill points and specialization per ore type, raising standings for a station or running your own POS in highsec, (which completely sucks btw), and expensive implants.

You want to replace all that with a no brain, no skill, no effort Orca or mobile compression array just to supply nullsec with cheap compressed ore. What are you smoking?

If this happens CCP needs to add specialized skills for compressing different type of ores, compression implants, and if NPC station compression is added then standing for compression efficiency.

Otherwise offer every refiner a SP and impant refund when they give this amazing gift to nullsec cartels in the clear effort to completely kill off highsec industry.

I have a better idea, if you want localized industry in nullsec then go scrap over your regular belts just like highsec miners have too, compress your own ore, and haul it to wherever you're producing.

~ Professional Forum Alt  ~

Nex Killer
Perkone
Caldari State
#208 - 2014-09-05 20:13:41 UTC  |  Edited by: Nex Killer
H3llHound wrote:
A good way to balance the orca compression is the amount of ore it can compress in a period of time. It should not work like the rorq or compression array do now but more like the old rorqual. Sitting in the belt deployed giving boosts and using it tractors to haul in cans for compression. Give it 2 more highslots(1 for core and 1 for tractor) + 3 for the links.


Why make the Orca like the old Rorq? That would just be taking some big step backwards. The Orca or a mobile compressing unit would be great on the go, but if someone is buying uncompressed ore from a whole region like I do. The Pos mod would beat an Orca compress any day because I'm compressing millions of m3 of ore at a time and not the 50K m3 the Orca ore bay has.
Mr Omniblivion
Ministry of War
Amarr Empire
#209 - 2014-09-05 20:16:56 UTC
Here is an example. I use Kernite because it is a large source of Mexallon, which is in high demand, and Kernite is by far the most profitable ore to mine and compress right now in high sec.

As of right now, there are less than 6000 units of compressed kernite available on public markets across all of high sec. There are already huge buy orders of 31k per unit (that's 310 isk per unit of kernite) up in Jita.

There are less than 800k units of actual Kernite in Jita, most of which are extremely overpriced at 433 per unit. There are millions of units of kernite across tens/hundreds of different random systems in highsec. After 6 weeks, the market is still vastly under stocked on compressed ores (especially Kernite).

When we purchase compressed ores, we're interested in the mineral components we can get out of them. When you argue that we need to "pay more" for compressed ore, that simply won't happen- it becomes cheaper for us to simply buy the minerals in their uncompressed form and ship them that way. The minerals we buy directly are at a discount from the ore and compressed ore price, but we have the added cost of isotopes for additional jumps back and forth to nullsec. So, when there is no compressed ore, we just buy the refined minerals at a discount, and the extra ISK goes to those mining ice (which is usually us, since we control most of caldari ice).

Yes, our proposal would make the end product (minerals in dek) cheaper for us, but it would also put more money directly into the pockets of high sec industrialists.

This is more information for CCP and people that are going actually contribute to the thread, as the grrgoon people don't actually think before typing.
Komi Toran
Perkone
Caldari State
#210 - 2014-09-05 20:21:04 UTC
Sentamon wrote:
...or running your own POS in highsec, (which completely sucks btw)

Considering how little effort this is, if it "completely sucks," what does raising standings qualify as? A crime against humanity?
Sentamon wrote:
You want to replace all that with a no brain, no skill, no effort Orca or mobile compression array just to supply nullsec with cheap compressed ore. What are you smoking?

For anyone miner who can do math. it's already been replaced by no more than 30 minutes of training and 100 million ISK worth of POS goods. The Orca is way more effort, expensive, and vulnerable.
Sentamon wrote:
If this happens CCP needs to add specialized skills for compressing different type of ores, compression implants, and if NPC station compression is added then standing for compression efficiency.

They pretty much have to do that now.
Kenneth Feld
Habitual Euthanasia
Pandemic Legion
#211 - 2014-09-05 20:46:04 UTC
Mr Omniblivion wrote:
Here is an example. I use Kernite because it is a large source of Mexallon, which is in high demand, and Kernite is by far the most profitable ore to mine and compress right now in high sec.

As of right now, there are less than 6000 units of compressed kernite available on public markets across all of high sec. There are already huge buy orders of 31k per unit (that's 310 isk per unit of kernite) up in Jita.

There are less than 800k units of actual Kernite in Jita, most of which are extremely overpriced at 433 per unit. There are millions of units of kernite across tens/hundreds of different random systems in highsec. After 6 weeks, the market is still vastly under stocked on compressed ores (especially Kernite).

When we purchase compressed ores, we're interested in the mineral components we can get out of them. When you argue that we need to "pay more" for compressed ore, that simply won't happen- it becomes cheaper for us to simply buy the minerals in their uncompressed form and ship them that way. The minerals we buy directly are at a discount from the ore and compressed ore price, but we have the added cost of isotopes for additional jumps back and forth to nullsec. So, when there is no compressed ore, we just buy the refined minerals at a discount, and the extra ISK goes to those mining ice (which is usually us, since we control most of caldari ice).

Yes, our proposal would make the end product (minerals in dek) cheaper for us, but it would also put more money directly into the pockets of high sec industrialists.

This is more information for CCP and people that are going actually contribute to the thread, as the grrgoon people don't actually think before typing.



here is a screenshot from 2 minutes ago from "The Forge" region Kernite for sale in "The Forge" that clearly shows MILLIONS of units for sale. Is it in Jita....NO

You keep mentioning freighter. It took 83 freighters of minerals for a titan, now it takes roughly 120 freighters of ore, both ended up between 7-8 JF full of somethign compressed. You are only talking a 50% increase in freighter use and even less if you have high ends in nullsec, all you have to import is low ends, that cuts out almost 18 of the 120 freighters, so really only 20-25 more hauling.


Think of it as "Death to all SC" cause maybe one less person will do it, therefore one less will be built
Obil Que
Star Explorers
Solis Tenebris
#212 - 2014-09-05 20:54:19 UTC
Mr Omniblivion wrote:
Here is an example. I use Kernite because it is a large source of Mexallon, which is in high demand, and Kernite is by far the most profitable ore to mine and compress right now in high sec.

As of right now, there are less than 6000 units of compressed kernite available on public markets across all of high sec. There are already huge buy orders of 31k per unit (that's 310 isk per unit of kernite) up in Jita.

There are less than 800k units of actual Kernite in Jita, most of which are extremely overpriced at 433 per unit. There are millions of units of kernite across tens/hundreds of different random systems in highsec. After 6 weeks, the market is still vastly under stocked on compressed ores (especially Kernite).

When we purchase compressed ores, we're interested in the mineral components we can get out of them. When you argue that we need to "pay more" for compressed ore, that simply won't happen- it becomes cheaper for us to simply buy the minerals in their uncompressed form and ship them that way. The minerals we buy directly are at a discount from the ore and compressed ore price, but we have the added cost of isotopes for additional jumps back and forth to nullsec. So, when there is no compressed ore, we just buy the refined minerals at a discount, and the extra ISK goes to those mining ice (which is usually us, since we control most of caldari ice).

Yes, our proposal would make the end product (minerals in dek) cheaper for us, but it would also put more money directly into the pockets of high sec industrialists.

This is more information for CCP and people that are going actually contribute to the thread, as the grrgoon people don't actually think before typing.


Yet the flipside of that is as a buyer looking to compress, kernite is one of the worst investments. Using Amarr's buy price (since miners again tend to want to get the best value for their product), you can buy kernite at about 260 a unit. If you take 100 units of that and compress, you can sell it in Jita for around 31k. That's about 16% profit (only Scordite is worse - relative to Amarr). You can get more profit buying Veldspar and doing the same (roughly 27% profit). So why would I focus my time on moving Kernite to the market when there are plenty more profitable ventures?

Mr Omniblivion
Ministry of War
Amarr Empire
#213 - 2014-09-05 21:14:33 UTC
Obil Que wrote:
Using Amarr's buy price (since miners again tend to want to get the best value for their product), you can buy kernite at about 260 a unit. If you take 100 units of that and compress, you can sell it in Jita for around 31k. That's about 16% profit (only Scordite is worse - relative to Amarr).


This is our exact point- why are miners selling ore when they could be compressing that same exact ore for 16% more profit?

Kenneth Feld wrote:
here is a screenshot from 2 minutes ago from "The Forge" region Kernite for sale in "The Forge" that clearly shows MILLIONS of units for sale. Is it in Jita....NO


Mr Omniblivion wrote:
There are less than 800k units of actual Kernite in Jita, most of which are extremely overpriced at 433 per unit. There are millions of units of kernite across tens/hundreds of different random systems in highsec. After 6 weeks, the market is still vastly under stocked on compressed ores (especially Kernite).


Thank you for the screen shot, I literally just said there were millions of units across high sec.

I mentioned this before as well- we are not just trying to build one titan here. Titan producers are going to produce whether or not the ore costs more because titans already have a huge margin (just ask X ATM). The extra freighter loads of minerals applied across an entire market makes the cost too high to even implement a full fledged null market. This is the issue.
Valedictio
Imperial Academy
Amarr Empire
#214 - 2014-09-05 21:25:37 UTC
Mr Omniblivion wrote:
Here is an example. I use Kernite because it is a large source of Mexallon, which is in high demand, and Kernite is by far the most profitable ore to mine and compress right now in high sec.

As of right now, there are less than 6000 units of compressed kernite available on public markets across all of high sec. There are already huge buy orders of 31k per unit (that's 310 isk per unit of kernite) up in Jita.

There are less than 800k units of actual Kernite in Jita, most of which are extremely overpriced at 433 per unit. There are millions of units of kernite across tens/hundreds of different random systems in highsec. After 6 weeks, the market is still vastly under stocked on compressed ores (especially Kernite).

When we purchase compressed ores, we're interested in the mineral components we can get out of them. When you argue that we need to "pay more" for compressed ore, that simply won't happen- it becomes cheaper for us to simply buy the minerals in their uncompressed form and ship them that way. The minerals we buy directly are at a discount from the ore and compressed ore price, but we have the added cost of isotopes for additional jumps back and forth to nullsec. So, when there is no compressed ore, we just buy the refined minerals at a discount, and the extra ISK goes to those mining ice (which is usually us, since we control most of caldari ice).

Yes, our proposal would make the end product (minerals in dek) cheaper for us, but it would also put more money directly into the pockets of high sec industrialists.

This is more information for CCP and people that are going actually contribute to the thread, as the grrgoon people don't actually think before typing.


Something for you to think about,
Q. How much Kernite do you think is available in Caldari Space ?

A. NONE, Try 0.7 or lower Amarr and Minmater Space is where you will find it

Now think of who would want to stock JITA for your one stop shopping, Mining and Compressing in either faction space and then hauling it there for you, disregarding Niarja, Uedema and the local residents there, Oh that Includes your fellow CFC Members.

What it all comes down to is the fact that YOU do not have a supply of what YOU want in your one stop shop, try taking some of your own advice.

HTFU
Adapt or Die
etc etc etc

You are starting to sound like some sort of petulant child who isn't getting a sweetie, 'cos I wants it' ?

and now for some more of the same from the Constructive Feedback Consortium.

Human Torch time and ..........'FLAME ON'

Querns
Science and Trade Institute
Caldari State
#215 - 2014-09-05 21:35:54 UTC
Valedictio wrote:
Something for you to think about,
Q. How much Kernite do you think is available in Caldari Space ?

A. NONE, Try 0.7 or lower Amarr and Minmater Space is where you will find it

This is a cute argument and all, but there is no Kernite in Amarr, Rens, or Hek at all. Please insert new argument and catchphrases, and try again.

This post was crafted by the wormhole expert of the Goonswarm Economic Warfare Cabal, the foremost authority on Eve: Online economics and gameplay.

Querns
Science and Trade Institute
Caldari State
#216 - 2014-09-05 21:45:26 UTC
Also, trying to paint Niarja as some impenetrable barrier which no freighter shall pass is also extremely cute. Let's look at recent freighter deaths in Niarja. Oh, my. Look at barely one freighter killed a day, with periods of up to a week between freighter deaths. Now, how much traffic goes through Niarja on a daily basis? Thousands of ships a day. Let's pretend that one in ten of those is a freighter. That is putting you at less than a 1% chance of dying, discounting tactics like tanking your freighter, limiting your hauled value, and using public courier contracts to diversify risk.

This post was crafted by the wormhole expert of the Goonswarm Economic Warfare Cabal, the foremost authority on Eve: Online economics and gameplay.

ISD Ezwal
ISD Community Communications Liaisons
ISD Alliance
#217 - 2014-09-05 22:26:40 UTC  |  Edited by: ISD Ezwal
Right, after having spend a considerable ammount of time moderating this thread by removing the most rule breaking posts, I have come to the conclusion that the involved effort to continue doing so till the thread deserved the label 'clean thread', would be futile.
The main reason being that I have had to remove (and still would have to remove) as much rule breaking posts made by the OP of this thread as of all other posters combined.

Pro-tip: Breaking the forum rules as OP does not in the least help in getting a healthy discussion going.
On the contrary, it gets your thread locked.

ISD Ezwal Community Communication Liaisons (CCLs)