F2P Cash question

[samari81]

so lets calculate together:

 

 

 

 

 

 

 

 

 

high alch reward of an iron plate is: 336.00 gp

 

 

 

an iron bar costs about 200ea

 

 

 

a nature rune costs ~268 atm

 

 

 

for an iron plate you need 5 bars (5*200=1000)

 

 

 

simple calculation:

 

 

 

1000-268+336 = 1068 gp for 125 xp in smithing

 

 

 

that means:

 

 

 

1 xp = 8,544 gp (lost)

 

 

 

 

 

 

 

 

 

 

 

same calculation with steel plates:

 

 

 

high alch reward of an steel plate is: 1200.00 gp

 

a steel bars costs 550 atm (5*550= 2750)

 

 

 

2750-268+1200 = 3682 gp for 187,5 xp in smithing

 

 

 

which means:

 

 

 

1 xp = 19,637 (lost, the fastest method btw)

 

 

 

 

 

in conclusion we can say that iron plates are more economic but not that fast..

 

 

 

 

 

 

 

BUT

 

 

 

 

 

if you buy the coal + iron yourself its much cheaper

 

 

 

1 bar costs only 387 gp (153*2+81) and that gives you +17,5 xp extra for a bar

 

 

 

SO we calculate again:

 

 

 

1935-268+1200= 2867 for 205 smithing xp

 

 

 

which means:

 

 

 

1 xp = ~14 gp

 

 

 

 

 

 

 

 

 

 

 

in conclusion:

 

 

 

iron plates are pretty good for cheap training but i think you should try steel plates by smelting the steel bars yourself, but i dunno how long it will take to smelt the bars ... your advantage is that coal and iron are much cheaper then before the GE (coal before 200ea, now 153ea, iron before 100ea, now 81 ea)

 

 

 

 

 

im f2p and the calculations are for f2ps i dont know if its also good for members

 

 

 

 

 

at the end you will lose money,but if you ONLY smelt the bars and sell the bars you'll make 170-200 each profit lol

 

 

 

so thats your decision ;)

 

 

 

You've put in some real effort here :)

 

I really appreciate it

 

 

 

I was thinking of joining a steel company.

 

But I'm not sure if they're still in practice after the GE updates as I know many have lost a lot of money through inflation.

 

 

 

From level 66 how long do you think it would take me to make enough steel bars (Smelting only) to get to 70 smithing?

 

 

 

: Samari

[tryto]

There's still steel companies, they seem to have profited, as now they are offering as much as 140 per bar. As for teh time, I cant say. Its pretty slow xp however.

[samari81]

There's still steel companies, they seem to have profited, as now they are offering as much as 140 per bar. As for teh time, I cant say. Its pretty slow xp however.

 

 

 

I think it's between Iron Knives and Steel company now

 

I just need an idea on timings :)

 

 

 

Other ideas are still welcome everyone else

[Gonalo40]

You should use the skill calcs on the main-page, they are really handsome sometimse =)

 

 

 

you need exactly 12,905 steel bars to smelt for smithing 70.

 

 

 

140ea profit means 1,8m more on your bank-account...

 

 

 

 

 

But i dont know, if these "companies" works well these days, you should be your company for yourself ^^

[samari81]

You should use the skill calcs on the main-page, they are really handsome sometimse =)

 

 

 

you need exactly 12,905 steel bars to smelt for smithing 70.

 

 

 

140ea profit means 1,8m more on your bank-account...

 

 

 

 

 

But i dont know, if these "companies" works well these days, you should be your company for yourself ^^

 

 

 

Thanks for checking for me :)

 

Saves me some time I appreciate it :