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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: Starduster who wrote (9875)10/2/1998 3:08:00 PM
From: Buendia  Read Replies (6) of 14347
 
Spoke to TCC President, Dr. Bohn today. He says the joint demonstration project with Rentech is underway. There are two phases, the first is the analysis phase and it is expected to be completed by the end of October. The second is the actual pilot demonstration at their plant. It should be completed a few weeks thereafter and that news should then be forthcoming.

I asked if TCC had high expectations for the demonstration project to prove the success of the plasma technology in producing syngas, or whether their goal was merely to find out if it worked. He was emphatic that they had high expectations.

I asked why they didn't do the demonstration project with Syntroleum, he replied that there was a possibility they would. Why did you chose Rentech? Answer, because Rentech was first at the door and pushed the hardest.

He couldn't respond to my question about whether successful completion of the demonstration project would enable Rentech's costs to come down sufficiently to compete with Syntroleum's natural gas conversion. He suggested that that was information within Rentech's knowledge. He did say that the big benefit would be the ability to use their more mobile system to access remote gas locations.

He referred me to today's issue of the Remote Gas Strategy Newsletter remotegasstrategies.com

Bottom line: Deal with Texaco imminent; plasma technology in the works; Rentech is pushing the hardest; conference next week with Texaco and Rentech talking in tandem. You can't go wrong with this company!!!!!

Buendia
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