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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: Howard Williams who wrote (7683)8/21/1998 5:46:00 PM
From: Andrew H  Read Replies (3) of 14347
 
Repeating part of a post I copied from Yahoo. Seems like HUGE NEWS! I am looking for comments!

According to RNTK's chief scientist, it seems that the RNTK iron catalyst process can now compete economically with the previously superior cobalt process in terms of GTL. Now add to that the rumors about the difficulty of getting the SLHO process to actually work and EXXON infringement and we could be looking at a grand slam for RNTK!

One would think this would be worthy of a press release, at least.

So I called the person who knows the most about RNTK technology-Dr. Chuck Benham.
With regards to the TX deal, he echoes everyone else's views that they are extremely confident that it will get done soon (Did not ask for a specific date and didn't talk much about TX). He confirmed that they have patented a process that will make GTL conversion of natural gas using iron as efficient as Cobalt. This has been accomplished by keeping the carbon in the system by recycling it to the front end, thus increasing the yield. Although an iron catalyst is cheaper and much more environmentally benign, it had not been efficient enough until recently. Other companies (no specific names mentioned) have done their own DD on RNTK and are interested in pursuing this with RNTK. These deals will not be exclusive and therefore, the sky is the limit (not his words). He also mentioned that those companies still tinkering with Cobalt (ie SLHO) will have to deal with potential infringement with EXXON (major player with this technology).
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