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Strategies & Market Trends : SASOL LTD. (SASOY)

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To: anthony h wooten who wrote (4)4/29/1998 4:20:00 PM
From: John M  Read Replies (2) of 27
 
Anthony,

I believe SASOY could rise significantly with another announcement of A GTL project like Nigeria with Chevron - Phillips in Quatar. I especially like the Chevron plant. Gas flaring in Nigeria so the gas is free. Chevron loves risk and loves to throuw money around I've seen it California and Russia. I'm talking to SASOL about the technical parameters (heat generation, energy usage, etc.) typical in their plants. I'll pass along what I learn.

What I really like is to see the increased volume over the last few days. If more investors become aware of them I think there is great potential. The other thing I like is that even with oil prices down their stock has recovered and looks like it might climb.

They definately have the GTL process for all others to benchmark themselves against. And now they are looking for business opportunities. In the past they were ostrasized in South Africa because of the political problems. Now everyone trying to get along and they have paid back their debts to So. African government to survive on their own as a viable company.

If GTL takes off - SASOL will be at the front of the pack. Syntroleum hasn't proven squat to date just hype.

JCM
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