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Gold/Mining/Energy : Gasification Technologies
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To: tom pope who wrote (547)9/10/2006 7:52:06 AM
From: Dennis Roth  Read Replies (1) of 1740
 
I don't think it's a death sentence. But it does indicate that they need to conserve cash. They never claimed they would make money producing the test fuel for the Department of Defense and the Department of Energy. I'm a little surprised that they couldn't generate more investor interest and hype from the DOD and DOE supply contracts. Rentech has been able to generate a lot more positive press and investor excitement and they don't even have a demonstration plant. Rentech has produced the impression that they are the leading CTL technology provider without a working CTL pilot/demo plant. Syntroleum has spent so much time and effort on promoting GTL production barges that set backs in their gas drilling program have hit them hard and it's hard to take seriously their late conversion to a CTL technology provider.
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