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By not flooding the market. Sell at a rate which still turns a profit. Only issue is if there's so much mineral that it exceeds demand. But if that's the case,
by __s 8y ago
By not flooding the market. Sell at a rate which still turns a profit. Only issue is if there's so much mineral that it exceeds demand. But if that's the case, back to my initial point: refuse to sell at a loss; sell slower
- Fjolsvith 8y agoCompetition will bring the price down.
- ben_w 8y agoOnly if it can bring the price down without making a loss.
- Fjolsvith 8y agoThe price is going to come down. Kinda like the glut of oil reserves in the world. Everyone knows the time of internal combustion engines is drawing to a close and so they are trying to sell every barrel they have before barrels of oil become worth pennies. Once enough people have asteroid material in orbit, the material cost will drop as sellers try to recover any value out of the market.
- ben_w 8y agoThat’s only possible if there’s a bubble that causes total production to exceed demand-at-zero-profit. As this thread forked off a suggestion of nickel production, I looked that up — around 2,0000,000 tons per year right now. If there’s enough production going on in space to bubble-and-pop at that kind of scale, I’d expect overcapacity to be used for construction of space habitats, not lowering prices below cost in a fire-sale.
- deleted 8y ago[deleted]
- FLUX-YOU 8y agoRemember you likely have investors to answer to. They may sacrifice long term goals for short term ones. If you delay moving volume to capture as much profit as possible, you risk a competitor catching you and then you may not be in control of prices.
- simonh 8y agoSo you have enough of a material to flood the market and wipe out any competitor. What competitor is going to invest billions in trying to compete with you? To kill them stone dead all you have to do is turn on the tap. I think investors are going to understand the idea of maximising return on investment. It's not an unheard of concept in business.