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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: Glen Dornoch who wrote (10919)10/13/1998 3:08:00 PM
From: eric deaver  Read Replies (4) of 14347
 
I just posted this to RB board. Go there for background.

Eric

More PA INFO - Please read!!!

I just got off phone with Mr. John Rich Jr. - President of Reading Anthracite Co. - Gilberton. He has met with Sasol and they are positive about a deal for coal liquification. He says TX is premier in coal gasification but it is relatively easy to gasify coal economics are known. He says Sasol has the most experience in lquification
of the syngas but that RNTK Fe process is a real positive. He says Sasol would not have any problem w/financing due to their experience. I then pointed out that RNTK would no longer have that problem either and he agreed whole-heartedly. He said I called at 1:15P and TX (that's right TEXACO) called at 2:10P. He said he saw my reference to RNTK on my message and decided to return my call first. Hmmmmm...

Some other items - Each ton of coal produces 3-4 barrels of product. At that rate , the Appalachian basin has greater reserves than any other oil producing COUNTRY in the world. PA alone would be second only to Saudia Arabia.

If you visit the web site:

ultracleanfuels.com

You can fill out a form to automatically send an e-mail to the PA and federal legislatures in support of the tax credit bills. I would encourage ALL RNTK SHAREHOLDERS to visit this site and send that e-mail for the bills. These bills would at a minimum increase the bottom line of coal liquification by nearly 30%. Do it now please. They say they have gotten 500 hit this month - I said there are 6500 RNTK holders. Let's innudate the PA and federal legislatures to push these through.

TX/RNTK are the logical choice for all coal liquification - they know it, the coal guys know it and now you know it.

Eric
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