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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST
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To: Micropicker who wrote (5910)7/2/1998 11:38:00 PM
From: Andrew H  Read Replies (1) of 14347
 
Who knows? Maybe it is more than grasping at straws. This post from Yahoo speculates about the relation between RNTK and the consortium of TX, Shell and Saudi Aramco:

>>That was a very important post. The numbers translate to an annual income to Rentech of $2.6 million if all refineries in the consortium put in Rentech technology.

However, it goes further than that. An alliance between Saudi Aramco, Royal Dutch Shell and Texaco is dynamite if Texaco signs the deal with RNTK

Of the 663 billion barrels of reserves in the Middle East in 1996, Saudi Arabia owned 261 billion (Source: BP Statistical Review of World Energy, 1996)

Saudi Aramco and Royal Dutch Shell are numbers 1 and 3 in the world, respectively with little old Texaco trailing in at number 14. By forming an alliance with these two, Texaco is getting into bed with the biggies.

Clearly, Motiva is just a relatively small move in the chess game (equivalent to a pawn). From a 100,000 foot view, this could be the second step in an industry rationalisation. (The first being Equilon)

If the TX deal is signed, this could blow the little cotton socks off our Rentech. TX will be in an extremely powerful position to market RNTK's technology alongside their own gasificatin technology.<<
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