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Allikath
Ellsbeth
Hypno
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Hypno
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Hypno


Age : 47
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PostSubject: mines situation   mines situation Icon_minitimeSun May 20, 2007 11:04 am

Mine situation.

Ok folks, I think we should upgrade gold mine of bath fast since caps of town are high the number of miner are high and that make the free maintenance after upgrade paid more.

Now since is the lack of iron that limit us I suggest to upgrade bath mine from one lebel tomorrow is everyone agree that cost less then what election list give this election

?
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Ellsbeth
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Ellsbeth


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PostSubject: Re: mines situation   mines situation Icon_minitimeSun May 20, 2007 11:06 am

I concur that would be the most prudent move in the long run
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Allikath
County Councillor
Allikath


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PostSubject: Re: mines situation   mines situation Icon_minitimeSun May 20, 2007 11:58 am

I agree to upgrade the Bath gold mine.
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Hypno
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Hypno


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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 6:42 am

Ok here the basic about the mine upgrade.

First you must understand that each level of mine have different cost maintenance. Pass a certain level, the upgrade have just no value.

I will not explain all this, but in France and also in England all TM, sheriff, MS agree on those level are the optimal level for best giving versus maintenance cost

Gold mine = Level 10
Iron mine = Level 10
Stone mine = Level 11 or Level 17

Right now the mine at optimal level are:

Gold mine of Gloucester
Iron mine of Chard

The mines that are not at optimal level:

Gold mine of Bath at level 7 (-3 level)
Stone mine of Bridgewater at level 11 (-6 level)

Now why stone mine has not upgrade before, is because before creation of Bristol, the two gold mine has at capacity of 50. That means lower maintenance cost (since maintenance is related to the number of miner you got the day before). And that we overproduce stone past then, levelling the stone mine will have make us get huge overstock of stone and hard to export.

Now with the raise of capacity of Bath and Gloucester mine. We consume stone.

And right now even with import of iron at 18.25 the cost of stone that exit BW mine is 12.54 pounds each. If we upgrade stone mine that cost will raise at 12.57p each. But we will produce 22.5 stone more by day.

Since we import stone the lower price we can find in England, 14.5 pounds is easy to understand it’s cost less in long term to upgrade stone mine. And even with that upgrade we will still need to import stone.

Now what you must understand why we said upgrade cost a lot is because one upgrade cost 4 time the normal maintenance of that mine at full capacity. But why we said is better to do it when mine is full, is because a upgrade give a free maintenance the next day. So if you have a full mine that means the cost of the upgrade is only three times the normal cost of maintenance that is a big economy.

Now we the cap of town at 500, until the new county that ljs confirm to me to be create sometime this week. We have high number of miners in Bath gold mine, so is the best time to upgrade that mine before cap get down and so is the number of miner of that mines.

The stone mine are always full even with out the high cap, so better to do it after bath gold mine.

Now what is the cost of that upgrade?

Well for gold mine here:

7 to 8 = 291 stone and 216 irons

Now if we do it when mine full what I doubt that give us a free maintenance:

72.75 stone and 54 irons

So real cost is 218.25 stone and 162 irons for the first upgrade

Now to second upgrade:

8 to 9 = 294 stone and 219 irons

Now again let’s remove free maintenance:

73.5 stone and 54.74 irons

So real cost is 220.5 stone and 164.26 irons for the second upgrade

Now the third and last upgrade of that mine:

9 to 10 = 297 stone and 222 irons

Free maintenance:

74.25 stones and 55.5 irons

So real cost after free maintenance:

222.75 stones and 166.5 irons

The big total of those three upgrade:

666 stones and 492.76 irons

With iron at 18p and stone at 14.5p

That represent a total cost of 9657 pounds for the stone and 8874 pounds for iron

Big total 18531 pounds

Now that will increase the number of pounds that each miner exit from the mine to pass from 48.83 pounds to 50.4 pounds that means 1.57 by miners. If the mines if full that add by day 117.75 pounds

Why sajanzv said that recovery cost is long is because he calculate that gain compare to the cost of upgrade.

Me I consider, the county yes have to keep a safe treasury, but the money that is in treasury report no interest, if he put it in upgrade of mine the same money report more.

At my sense better to do slowly those upgrade that increase in long-term the treasury then keeping this money sleeping in treasury.

Now the trouble is the lack of iron of England.

That why the big trade deal with mainland we got is iron with BA I try to talk to their TM the sooner I can because that import is around 2000 irons at 18p

Now you must understand that we have enough to make right now, when we have still time before lower cap of town, to make one with out compromise the iron reserve of Somerset.

That why I ask for one upgrade to be done in Bath gold mine.

Now I will explain later the stone upgrade cost and what that give to the county
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Hypno
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Hypno


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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 7:00 am

oh and I forget why also the recovery cost is long is also sajanzv calculate the increase of maintenance cost and reduce it from the new profit.

What i don't do in this calculation
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Allikath
County Councillor
Allikath


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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 8:15 am

We understand.

It still benefits Somerset in the long run.
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Hypno
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Hypno


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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 8:25 am

Here with the cost also of the raising of maintenance:

Increase of need at full mine of 3.25 stone and 2.25 irons

So stone cost 47.125 pounds and irons 40.5 pounds

so raise of profit of 30.125 pounds a day

if we take the cost of 18351 of the upgrade and divides by the raise of profit that means will take 610 days to recover the cost lol

You see when we tell its take very long to recover lol

But the fact remain is better to upgrade then let that money sleep there.

And that make steady revenue.

It’s an investment at very long term.
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Allikath
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Allikath


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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 8:45 am

It takes a long time to recover but we are in a place to handle that now.

Is it really a recovery if we already have the resources to do it. What else will we do with them?

The increase in gold will be immediate.
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Hypno
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Hypno


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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 9:20 am

only two person have opinion in this,

Are you ok all with at least one upgrade of bath gold mine?

Think for future council and more steady form of money enter the county.

The cost in money of one upgrade is less that what the election list give to county this election...
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Ellsbeth
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Ellsbeth


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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 9:41 am

I made a Post in the Main forum to let those people who are AWOL from these pressing issues know that we are still conducting business and would like to see them here weigning in on these issues
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Hypno
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Hypno


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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 9:55 am

cool

Also since some party i will not name caugh caugh ... want to raise mine wage let me tell what is the cost of iron that exit chard mine with current wage

19.01 by iron that exit there. increase wage well why not close the whole damn thing then? because cost more money to keep it running then close it.

So forget higher wage for mines
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krelian
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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 10:55 am

I like the ideas, it seems to be the most effective use of our money.
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Chardonnay
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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 12:36 pm

I agree that we would be spending wisely to upgrade the mine, and that we should therefore do so.
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budicca

budicca


Registration date : 2007-02-20

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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 12:40 pm

It is an active mine; so yes, it will be more productive. It is a good investment!
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Hypno
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Hypno


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PostSubject: Re: mines situation   mines situation Icon_minitimeMon May 21, 2007 2:43 pm

upgrade done 20 minutes before reset
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Hypno
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Hypno


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PostSubject: Re: mines situation   mines situation Icon_minitimeThu May 24, 2007 10:12 am

ok counsellors, if you are like me and read report.

You see yesterday gold mine of bath has full.

Now if you look in iron reserve of Somerset even with out the BA dealing comming we have enough to uograde two time bath mine and get enough rion for more then a month if we don't get downgrade.

So my suggestion since we have resource is that each days around 1 hour before reset we look in number of miner in bath mine.

If that number is 65 or higher then we do the upgrade need.

And do that until we get level 10.

That way the free maintenance paid higher and sooner the mine give more gold.

So do you agree with that counsellor please i want majority here.
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Ellsbeth
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Ellsbeth


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PostSubject: Re: mines situation   mines situation Icon_minitimeThu May 24, 2007 10:14 am

Agreed
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Hypno
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Hypno


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PostSubject: Re: mines situation   mines situation Icon_minitimeFri May 25, 2007 1:57 pm

hello?
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Chardonnay
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PostSubject: Re: mines situation   mines situation Icon_minitimeFri May 25, 2007 7:07 pm

I agree. We should do it.
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Dralon
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PostSubject: Re: mines situation   mines situation Icon_minitimeSat May 26, 2007 3:43 am

yep i Agree
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Allikath
County Councillor
Allikath


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PostSubject: Re: mines situation   mines situation Icon_minitimeSat May 26, 2007 8:01 am

As I said at the first upgrade I agree.
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Gregarious

Gregarious


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PostSubject: Re: mines situation   mines situation Icon_minitimeSat May 26, 2007 3:29 pm

Can I say agreed?
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Dralon
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PostSubject: Re: mines situation   mines situation Icon_minitimeSat May 26, 2007 11:10 pm

haha yes Greg you are part of the council now
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Ellsbeth
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Ellsbeth


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PostSubject: Re: mines situation   mines situation Icon_minitimeSat May 26, 2007 11:12 pm

You certainly my Greg ...of course that is at the risk of agreeing with me...again... Wink
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Poliphil
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PostSubject: Re: mines situation   mines situation Icon_minitimeSun May 27, 2007 10:52 am

Aye, we should invest in this county's future. Mines are the bread of the poor. What else could we do with the money? Fighting wars? Lending at an interest? These kind of "investment" I would never agree with.
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