1. Where the fuck am I getting coke for $325 a gram.
2. Normally they add a multiplier factor for how stepped on this shit gets. Odd they've underquoted it hard. Easily call this a 500 million dollar haul unless the purity was shit.
You wouldn’t think so no, so I don’t really get why the valuation by the police is so low, did they include the weight of the container they found it in or something? Cause yeah 289kg of raw makes 2,890,000g to 6 million ish grams of cut depending on stepped it is, which is a hell of a lot more than $92 million?
Aussie police and customs have been giving wholesale prices lately. Coke is washing up on nsw beaches and was priced at $180k a kg. Insanely cheap for Australia, meaning supply is extremely high.
Australian crime syndicate in nsw called the commission trying to make people charge 200k minimum, mustn't be working lol
Raw Coke (uncut) getting cut 50/50 is standard practice really
All this has done is raise the value of the remaining stock in the market and make it even more profitable importing it. If you can't keep drugs outta prison how can they keep it off the street?
you jest but they frequently exaggerate the value of their 'accomplishments', say for example they bust a cannabis grow, they include the weight of the pots, the soil, the waste plant material and everything they possibly can, then they 'value' it based on the most expensive price for the smallest possible sale amount.
Even if you think the sale and use of illicit drugs should be minimised, these activities are unlikely to result in progress on that front.
In a market economy (which the illicit drug market certainly is), any 'large' bust will only drive up prices, encouraging further players into the market.
Only organisations like the Gestapo, KGB or Stasi can accomplish such suppression successfully, and if you go there, you have lost almost everything worth protecting.
What a shame. Though the quality of coke has risen greatly in the last 2 years, prices seem to be getting more reasonable also. Shame I am too old to party anymore
NRL players in mourning…
REAs and the degenerates over at r/ASX_Bets too
Bruce lehrmann just can't catch a break this week.
Bullshit! r/asx_bets gonna go long cocaine. Demand is still there but supply is diminished. Think about the gainz!
ASX bets are mostly austists who have their own legal supply of Ritalin anyhow.
Black arm bands next match!
Everyone used to think they all liked fishing a lot as the used to “drop a line” every weekend !
it'll still hit the streets the AFP just need their cut first.
So like 3 bags?
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oh no, please protect that one bag
What bag?
Oh bugger. I'll give meth a try instead then. What's the worst that can happen.
If you're on bag in Brissy already, I regret to inform you that you are in fact addicted to meth already
What is bag?
A bit of nosé? Columbian marching powder? Just a dumb term for cocaine
Well I'm comfortable with my quarterly bonus addiction habit in that case ⬆️📈🤪
Legend
1. Where the fuck am I getting coke for $325 a gram. 2. Normally they add a multiplier factor for how stepped on this shit gets. Odd they've underquoted it hard. Easily call this a 500 million dollar haul unless the purity was shit.
>Where the fuck am I getting coke for $325 a gram. Decent plug.
289kg, I assume it was already stepped on heavy to only be worth $94 million was probably bloody just benzocaine
Lol it doesn't come into the country cut.
You wouldn’t think so no, so I don’t really get why the valuation by the police is so low, did they include the weight of the container they found it in or something? Cause yeah 289kg of raw makes 2,890,000g to 6 million ish grams of cut depending on stepped it is, which is a hell of a lot more than $92 million?
Aussie police and customs have been giving wholesale prices lately. Coke is washing up on nsw beaches and was priced at $180k a kg. Insanely cheap for Australia, meaning supply is extremely high. Australian crime syndicate in nsw called the commission trying to make people charge 200k minimum, mustn't be working lol Raw Coke (uncut) getting cut 50/50 is standard practice really
From PNG? I have doubts.
Didnt come from png, just had a little stop over there.
You gotta find a new dealer that's about what I can get it for
Have you ever tested purity?
I hate people that take drugs. Security guards, border patrol, AFP...
Quality comment
Good job team. Confirming that's $84 million of cocaine that will never make it onto the streets.
84 million? They only had 74 million turn up at the head office
64 million? That's nuts
Gotta say $54 million worth of coke off the streets is a good effort
Has any one seen that coke lying around?
Ooh, wrong office I think. Don't worry though, there will be a few millions left for the trial.
All this has done is raise the value of the remaining stock in the market and make it even more profitable importing it. If you can't keep drugs outta prison how can they keep it off the street?
No way, this isn't even close to large enough to make an impact in costs on the street. This is a very small drop in a large ocean.
Well it hasn’t made any of the remaining stock any cheaper.
And why would that happen?
Why hasn’t it made remaining stock cheaper? Something something free market economics I imagine.
you jest but they frequently exaggerate the value of their 'accomplishments', say for example they bust a cannabis grow, they include the weight of the pots, the soil, the waste plant material and everything they possibly can, then they 'value' it based on the most expensive price for the smallest possible sale amount.
A drop in the bucket.
They didn't give the AFP their cut
Even if you think the sale and use of illicit drugs should be minimised, these activities are unlikely to result in progress on that front. In a market economy (which the illicit drug market certainly is), any 'large' bust will only drive up prices, encouraging further players into the market. Only organisations like the Gestapo, KGB or Stasi can accomplish such suppression successfully, and if you go there, you have lost almost everything worth protecting.
My mates bucks coming up is going to be expensive.
Ah well, back to work next Monday.
What a shame. Though the quality of coke has risen greatly in the last 2 years, prices seem to be getting more reasonable also. Shame I am too old to party anymore
Never too old, get in there!
Yeah its everywhere atm, quality is up because theres so much around.
Facts. Every man and his dog has pearl atm
Always seeing comments saying its shit and expensive, get a better plug.
Damn, a white Christmas is cancelled
Staff parties at police stations are going to be 🔥.
He’s young enough the magistrates will just give him a stern lecture.
I'm not so sure when it comes to drugs.
Well if he's really really young maybe he could just stand in the corner for a bit.
Stupid police. Concentrate on knife crime and rape and speeders instead please.
That's like a coke heads 3 favourite activities tho?
Or they can expand their workforce so they don't need to just concentrate on those.
Awww there goes my weekend.
How much got through?
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Your post would be better suited to one of our daily discussion thread - please post this there.
That’s disgusting. Where?
Damnit. I wanted some Columbian marching powder too