I think yiur mathses is as gud as ma spoelling
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oh shit, I thought it was $160 for 20 rnds, went past me, sorry bout that.
Hi Toby
Brass = free if you have it
Projectiles = You know your cost (but about $0.30 to $1.00 each)
Powder = About $70/500g (500g = 7716grain) so if loading for .223 you'll be looking at about 25gr per load, so you'll get about 308 reloads for $70 or $0.22 each
Primers are about $0.08 each
So add it all up and your looking at about $0.60 to $1.30 per round.
But if really anal you could factor in the cost of your reloading gear and the sky is the limit for how much you want to pay for this, but for $200 you could have a reliable accurate set for hunting ammo.
kj