{Buy} 400 million Water Weekly (Auction-Kind of...)

Guest · Post by **Guest** » 22.08.2009, 08:31

Hi, Figgiured Id try somthing different
I need 400m water each and every week and im offering said contract to the lowest bidder

Heres how it works, any water suppliers who can service 100m or more of the contract every week can bid here or direct to me. The idea is that anybody who wants it can bid down the price in order to secure the contract for that week. At the end of the week if the market has moved ill re-start this thread and we can go again for a new contract. IF the market hasent moved all that much we can continue the contract at the sellers preference.

I will always have sufficent cash to take the contract(s) at any point and ill happily sign daily of weekly to your preference. IF the bid is the same and there is more than 400m total the player who can supply the most will win. Even if the market falls by 0.1c ill continue paying the agreed price.

Ill kick us off at 0.18c

H

Guest · Post by **Guest** » 22.08.2009, 10:01

ok I kind of understand where your uber mathematics brain is working on this...

ok well i will bid to supply you 1 weeks water = 400 million @ 0.17.

when does the tender process end?

Regards
Ex

Guest · Post by **Guest** » 22.08.2009, 14:08

Thanks ex-pressed, uber brain my foot but hey

Im not sure when it will end but I think 48h would be eough. It will depend on the responce I get. Im hoping this will work, it seems like a good idea to me

H

Guest · Post by **Guest** » 22.08.2009, 19:09

so far seems like a brilliant idea to me....

....

I get to supply you 400 million water @ 0.17

regards
Ex

Guest · Post by **Guest** » 23.08.2009, 02:17

Yup

woulda been 0.18 so far if you had of priced it at that. Come on people, have a crack at it and offer 0.16! I dont care if you can only get me 20m a day long as you can cover 100m a week its open

H

Guest · Post by **Guest** » 23.08.2009, 12:04

The market is now at 0.16 with some offers at 0.15 so its now profitable just to buy some off there and sell it on.
Bump
H

Guest · Post by **Guest** » 25.08.2009, 20:22

did i win yet?

Guest · Post by **Guest** » 25.08.2009, 20:25

yup, there it is 48h + a little bit
Contract goes to ex-pressed...0.17
H

Guest · Post by **Guest** » 25.08.2009, 20:45

so let me get this straight i now get 1 week to supply you 400 mill water @ .17

Do you have a minimum contract size? or a maximum?

Regards
Ex

Guest · Post by **Guest** » 25.08.2009, 21:22

Nope, just get me that 400m (a little over/under [10m] wont faze me) and I dont mind what size contracts or how often they get here. I do need the full amount within 100h now as this auction took up a lot of the time.
H

Guest · Post by **Guest** » 26.08.2009, 06:13

ok thanks for the above....

So now I bid .18 for 400 million water next week....

Regards
Ex