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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (665)	12/15/1997 2:38:00 AM
From: FlatTaxMan	Read Replies (1) \| Respond to of 14347

I am a little confused about how a license agreement works. I was unable to find it but I remember somewhere within this tread somebody said something about royalities being $2 a barrel. Also message #298(LesX) referred to Syntroleum getting anywhere from $0.35 - $0.50 per barrel. I also remember something about a one time charge of $1000 per barrel of capacity. That would drastrically alter your evaluations. On the upside 14.6M would become (14.6mbb x $2pbb) + $50m = $79.2M or $79.20 a share on 10 license agreements. On the downside (14.6 x 0.35pbb) + $50m = $55.11M or $55.11 a share on 10 license agreements. Or $5.11M with no one time fee therefore $5.11 per share. Been a lurker for awhile just joined SI officially a couple of days ago. FTM