Monday, June 24, 2013

The Quest for 11 Figures- Day 5

Status Update on Day 1: After consolidating isk from across all my accounts, my starting liquid isk value was 2.9B not, 2.5B

Day 5 Update: Liquid ISK in wallet: 1.0B
What have we spent the other 1.9B on?

1.6B spent on capital ship components.  I put up buy order in jita at perfect (perfect researched bpo) build cost + 8-10%.  It's not incredibly fast, and certain capital components are filling easier than others, but mostly its chugging along.  Why do I not mind paying over cost to acquire these capital ship components?  Honestly, because the margins are there.  I can pay the extra 10%, and still make 400M per capital ship constructed at current prices.

300M spent on cyno field generators and liquid ozone.  These are the two items that pair well together that I mentioned in my previous blog.  I hope to sell the cynos on average at various non-hubs for jita + 1M, so about 2.7M per.  I may have to adjust prices a bit here and there, but my hope is to have so many systems initially seeded with this combo, so that I can sell out at these inflated prices.  LO will most likely be jita + 20%.  I'll be sticking to empire for 90% of sales (usually last highsec jump before low), but I might also put some up for sale in certain stations in our FW warzone and see how they sell.

How are the other ISK making opportunities coming along you ask?  The short answer, not well.
 Ice Mining: For the first time since I started mining ice I got a miner popped.  I run with a damage control on each of my retrievers, to make it harder for people to pop me, or to at least encourage the gankers to pick an easier target.  After all, as with camping, you don't have to outrun the bear, you only have to outrun one of your friends.  This was not the case this time, and a single catalyst was able to pop my retriever.  I've been lazy to replace it, and when I do, I'm sure I'll add in some medium slot tanking mods in addition to the damage control.

Station Trading: I've yet to start this.  Mostly because I need virtually all of my 2.9B isk liquid to be able to seed markets with cynos/LO, and to build the first capital ship.  Once the profit from the first cap hits, I might start doing this.  Implants, my area of knowledge, will be what I focus on.

PI: I've set up one lowsec, and one highsec planet for PI.  I'll add on to this (mostly in lowsec) as I become less lazy.  One of the benefits of having only 2 planets tho is that I'm able to run 1 day cycles, at least for now, without the feeling of being burnt out.

POS Reactions: More maths have to be done on this before I decide to take up such an endeavor.

That's 5 days in, stay tuned as I give more updates on the quest for 11 figures.

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