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Technology Stocks : SLH Corp. (SYNM) - From natural gas to crude oil
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To: JackH who wrote (11)9/1/1997 7:42:00 PM
From: AurumRabosa   of 281
 
Jack, thanks much for posting the news article. Does anyone know the terms of any of the non-exclusive master licenses that Syntroleum has with Arco, Marathon, Texaco, and YPF? Did I miss any? Has anyone called either SHL Corp or Syntroleum and gotten a warm feeling they like to keep their shareholders informed and would be willing to discuss how much they expect to make from a license? How about reading the PRs or annuals for the majors with the hope that it gets an honorable mention in the footnotes some where? I'm not clear on how to value this company since all their income is due to selling off their real estate assets. From reading their SEC filings it's not clear how much more real estate they have to sell. They did mention that they have no commercial size Syntroleum Process refinery running and that it'll take 2 years to complete one. If they get a royalty from every barrel of white crude they'll be a major cash cow in a few years.

Has anyone looked into Criterion Catalysts to see if they're going to sell enough catalysts in support of the Syntroleum Process to drive up their earnings? Anyone know what the catalytic metal is? Cobalt I hope. Will they need much metal each year?
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