Ditto ,, I posted last year ,,SLHO top gun is smooth ,,with Powerpoint slides using laptop.. with slicked back hair,, guy is a Mercedes Benz salesman ;-) one of those heart break character from Tennessee Williams novel ..
Dennis simply read off from his notes.. SLHO has been doing it a long time,, making presentations that is ,, with out having produced a single drop of oil.. people are asking where is it ,, or should I say where is the beef ?
Also remember it took SLHO 3 long bloody years to get the first license,, its stock at 5 after a reverse of 5 to 1 shot to 100,,,and what they have is indeed a license agreement,,as to what that agreement entails ,, no one knows.. we are now already worth ,,$ 12.50 a share reverse on 5 to 1 basis .... One reason I think is because RNTK is a our GTL play ,, where SLHO is only 30% in Syntroleum and th erest a real estate management firm ,, they do have a good EPS though and it's hard to figure out how much of the valuation is SLHO's real estate and how much is GTL license factor..
Now,, looking at Texaco's recent finds or explorations .. their grade is more suited for RNTKs conversion,, as they are much heavier than other source.. |