The prime goal of my production operation is to make more money with my mined minerals than I would otherwise make by selling the minerals directly on the open market.
With the current slump in mineral prices (and I assume I am not the only one who has noticed this), the manufacture of goods for sale has become even more viable. I even dipped back into my supply of blueprints and dusted off some for missiles. When tritanium was over 3 ISK per and mexallon sold for 35 ISK easy, the profit margin on missile production was exceedingly thing, but now at 2.5 ISK and 25 ISK respectively, the profits are much more attractive.
So back to mining for production… except… well…
My Hulk just jumped into an asteroid field and there is kernite to be mined!
When I first came to Amarr space, it was to mine kernite.
I wanted to refine it.
Back in Caldari space there is no easy access to isogen, one of the the key minerals in production. So when I arrived in Amarr space I thought, “I’ll never be hungry for isogen again!”
Except, of course, I am still chronically short of isogen in Amarr space, and most the isogen I do refine comes from mission module drops rather than ore.
The problem is that, due to a particular common story line mission, kernite is in high demand. I can put up all the kernite that I can mine at 250 ISK per unit and sell it over a weekend without a blink.
Meanwhile, if I refine kernite, even the most optimistic current mineral prices make it worth 130 ISK per unit, and 110 ISK per unit is closer to realistic.
The lure of easy money. I cannot stop mining kernite to resell. 8,000 units brings home a tidy 2 million ISK.
Of course, I suppose with all that cash I could just BUY my isogen on the market. When I have some time. I’m busy mining.