It hasn't dropped
This loss in value for mexallon continues to be what has affected ore costs the most as you will see later on in this movie. This price fall is chiefly credited to how much mexallon is offered in the high sec ores with retrievers mining out whole asteroid belts and clusters in mass. The supply has out weighed the demand from the past week, inducing mexallon to EVE Echoes ISK become the same...
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