Thursday, January 22, 2009

Um, Maybe Not

So, my friend had a Redeemer BPC (Amarr Black Ops tech II Battleship for the unsure) and asked if I could build it for him, hence why I was quickly training up Amarr Starship Engineering.

I plugged the material requirements into a spreadsheet, and having learned a valuable lesson from the Vulture Debacle, I got the prices for the materials off the market to see what kind of savings my friend could expect.

Price of Redeemers on the market: 510 mil ISK

Cost of parts to build Redeemer: 526 mil ISK

See? Its JUST like the Vultures. Throw in an invention cost for the BPC and the market price is 30-40 million below current build price. The question is why?

I have a hypothesis. I believe that like Vultures, Redeemers do not sell frequently and the current ships on the market were all built prior to the POS Exploit. After all, the lion's share of the Redeemer's build cost comes from advanced moon materials: 149 mil for Fermonic Condensates, 163 mil for Ferrogel, and 76 mil for Hypersynaptic Fibres, total 388 million or 73% of the total.

At pre-Exploit prices? 81, 111, and 48 million to bring the total build price down to 391 million.

Basically, the market correction for the new reality in Advanced Moon Material prices has not propagated to the Redeemer (and Vulture) markets. Fortunately, this will correct itself as the lower priced ships sell (albeit slowly) and with no new ships being produced the remaining supply will rise in price until it becomes profitable to build them again.


  1. Hmm.. I thought that the exploit prices would have been drained from the market by now. Seems like a good hypothesis though.

  2. Anonymous9:48 am

    Hmm, annoying. Just like my ship invention, getting 10% luck at the moment, where it should be 30%. My bad luck has to end soon!

  3. Anonymous10:51 am

    Profit opportunity reselling these ships?

  4. @Anon: Definitely! If you have the capital to buy up the ships and patience to wait for the market to correct over time, and the risk tolerance that the advanced moon materials don't fall back to pre-exploit prices in the meantime. :)

  5. @Ombey
    You invent! O.o!

    Anyways, I totally missed that point with the exploit and such.

  6. I recently did a similar calculation for a Dominix. If I sold the minerals needed to build a Dominix, I could afford to buy and fit the ship from the proceeds.