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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST

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To: John M who wrote (6579)8/4/1998 3:50:00 PM
From: Howard Williams   of 14347
 
Howdy, John et al. Regarding iron vs cobalt economics, IMHO it's a very complicated story. The best cobalt players (Shell, Exxon, eg.) working with really clean gas do maybe in the neighborhood of 7-8% better than a RNTK operation would. But start adding impurities and the balance starts to shift. More importantly, the whole picture varies significantly depending on locale, input materials, output products desired, availability of "freebie" inputs like excess steam or other energy, etc.

I'm no expert. It just looks like the RNTK Fe approach has a niche for processing gasified bottoms, coal, bitumen, heavy crude, etc. That niche should be big enough if they ever sign with the right partner.

Duh........
H.W.
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