Rentech(RTK) - gas-to-liquids and cleaner fuel Message Board

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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: John S. Baker who wrote (6559)	8/2/1998 1:11:00 PM
From: John M	Read Replies (1) of 14347

We beat this one to death back in april on yahoo. - bottom predominately made into petroleum coke and asphalt. Coke used to fuel old utilities. - modern refineries gasify coke into syngas (H2/CO). The syngas can be used to make electricity (it burns), or other products like fertilizer and hydrogen. Of course our favorite other product is syndiesel made from a rntk reactor downstream of a gasifier. RNTK is off the radar screen with other natural gas to liquids processes. Cobalt is the catalyst of choice for that conversion for many reasons I have mentioned in the past. I also say this because I recently met with Purvin & Gurtz and asked them about GTL. They are a world famous marketing analysis company and were recently hired by Syntroleum to do a marketing study. I asked them what they thought of rntk. They said they had heard that name somewhere but had not studied their process (they were not in the study). I asked if refinery bottoms conversion was studied. He said no. I asked what he thought about GTL in general going forward - he said need $25/bbl oil and that they were sceptical about capital cost estimates quoted by companies. The bottoms thing is new and I think Tx has a great angle on it. Forget GTL on natural gas IMOHO as always. JM

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