Group Buy? 13,793 lbs Fired 7.62 Brass

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BBDartCA

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First bid is only $150 ... http://www.govliquidation.com/auction/view?id=5039737&convertTo=USD

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So that is this months MG training range brass? They wouldn't bother shipping it back from Iraq. No wonder my taxes are so high. You'd think they would have some buy-back deal with Fed,Win or Rem foundry. Of course in Houston, they'd leave it on the street corner until it disappeared.
 
I sure would have liked to have been the one that SHOT all those rounds in the first place.:evil: Maybe in my lifetime I will reach that fired brass mark. Dang now I have yet another goal to reach for.:banghead::D
 
There's a lot for sale near where I live. I'd buy it if I could just figure out how to transport and store it. I could just buy it, keep and store a few thousand and scrap the rest. Hard to get a flatbed and forklift outside of work.
 
Unless that article has a typo, there's something screwy going on.
In the article it says they set-up a $68,000 machine to flatten 230,000 pounds of brass to sell for $70,000.
That's under 31 cents a pound. Hell, I'll buy it at that price and resell it to the scrap dealer at a hugh profit! :D
 
Amortization

If they leveredge their machinery purchase with debt, then their ROI should be very attractive so as long as their other costs are under control using normal amortization practices and the revenue paces the term of the loan. You have to backflow the new value of scrap through your cost build up .. which is tricky since this is a cost center enterprise.

http://en.wikipedia.org/wiki/Amortization_(business)
 
In the article it says they set-up a $68,000 machine to flatten 230,000 pounds of brass to sell for $70,000.

Gotta love it. Our gov't at work. Buying a $68,000 machine to turn something worth $100,000+ into a product worth $70,000.:rolleyes:

Don
 
24,000 lbs. of mil-crimp 5.56 brass for sale from DM AFB, starting bid, $150. Anybody got a swage tool I could borrow?
 
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