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Gold/Mining/Energy : Solv Ex (SOLVD)
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To: R.Mark Lubchenco who wrote (5110)11/21/1997 4:33:00 PM
From: TheDuke  Read Replies (2) of 6735
 
Koch bought the leases on 5 & 52 only. Solv-Ex still owns
the technology and the aluminum and titanium. Koch has the
right to use the technology on 5 & 52. Koch will get 78% of
the oil. The other 22% has not been resolved yet between
Solv-Ex and United Tri-Star, as UTS has to belly up to the
bar with significant cash IF they are to remain a 10%
partner.

Koch envisions three 80,000 bbls a day facilities, which will be working continuously for 28 years, about the time Manny and
his ilk get out of the slammer!

Koch has stated in court that they will be willing to invest
$500 MILLION to ONE BILLION DOLLARS on those leases using
the patented Solv-Ex technology!

Charlie Koch has taken a personal interest in this project.
Given Koch's war chest, get on board or get the Hell out of
the way.
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