Can Anyone Confirm?

[Jonah]

[/p]

Introduction:

 

Guide Name: Cheap/Free Magic Exp

Hourly Income: -50,000gp to 5000gp profit

Hourly Experience: 80k magic, 25k+ smithing

Requirements: 43 magic, 30 smithing

Cost to begin: Around 1-2m.

 

 

Instructions:

[p]

Firstly, you need to go the GE and buy 1000 iron ore, 1000 nature runes, and 2000 coal.

 

1000 Iron ore = 103,000

2000 Coal = 348,000

1000 Natures = 225,000

TOTAL = 676,000

 

This will give you:

53,000 magic experience

18,000 smithing experience

1000 Steel bars

 

1000 x 639 = 639,000

 

676,000 - 639,000 = -37,000

 

Each experience costs you 0.698113 gp. This means from 43 magic (50,339xp) to 99 magic (13,034,431xp) it will cost you 9.064m, you will also get 86, nearly 87 smithing from level 30.

 

So, 53k mage and 18k smithing exp cost you 37k, which isn't bad, and it doesn't take long. In order to speed up the process, you should do it like this:

 

 

 

You can also do this for mithril and adamantite bars if you have the right smithing level.

 

Mithril

1000 Mithril ore = 219,000

4000 Coal = 696,000

1000 Nature Runes = 225,000

TOTAL = 1,140,000

 

1,140,000 - 1,121,000 = -19,000

 

You lose 19k and gain 53k Magic experience and 30k smithing experience.

 

Each experience costs you 0.358491 gp. This means from 43 magic (50,339xp) to 99 magic (13,034,431xp) it will cost you 4,654,680gp.

 

 

 

 

Adamant

1000 Adamant ore = 1,032,000

6000 Coal = 1,044,000

1000 Nature Runes = 225,000

TOTAL = 2,301,000

 

2,305,000 - 2,301,000 = 3,000

 

You GAIN 3,000gp, 53k Magic experience and 37.5k smithing experience.

 

Each experience makes you 0.056604 gp. This means from 43 magic (50,339xp) to 99 magic (13,034,431xp) you will make 734,951 gp.

 

I stumbled across this today in IRC just checking the prices of ores :)

 

Can Anyone Confirm that this still works?

[Kangaroo]

This should still work. I was actually discussing it with someone the other day.

 

Although, prices need fixing. Steel bars are up to around 900gp each due to the new quest. People buying them to make cannonballs (up to around 350 each) etc.

[Sem]

nope

ore prices are up since then

[Jonah]

damn

[sdafsbasd]

When I did it I only lost like 10k doing Mith.

[Darius]

[Flabbyrange]

I did around 300 Mithril the other day, just to see if it's a viable way to train Smithing. I did in fact make a very small profit, so if the Magic Experience is up to expectations then this could be a great way to train ;)

[Jonah]

ty vode u own for pic and ty flabby

[Kangaroo]

In response to those who are going on about mithril, I would expect that the profit margins on mithril ors to bars using this method would be significantly less currently due to cannonballs, steel bars and coal in turn all raising. Mithril requires more coal and the price of coal is rising while the price of mithril bars themseves would, presumably, be remaining constant as they are not in any greater demand. My advice would be stick to doing still bars if you are doing this method until the hype about Dragon Pickaxe's dies down a little.

[`JvYv]

Nar.

[+Karl]

Prices are wrong, I should update it. But the prices change way too often.

[Anthoni]

ooo fail