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: Zeev Hed who wrote (10458)	10/8/1998 9:36:00 PM
From: ChrisJP	Read Replies (3) of 14347

Hi Zeev, Correct me if I'm wrong, but the JV is for refinery bottoms and therefore can save the refineries money right away. It's economic viability does not strictly depend on the price of oil. Between Texaco and Shell -- that's a lot of refineries. $4M in profits divided into 40M shares with a PE of 30 = $3/share -- I'll take it ! Regards, Chris -- still waiting for the terms of the deal

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