To: Emec who wrote (979 ) 2/6/1998 4:02:00 PM From: TokyoMex Respond to of 14347
David,, I ve done DD on this company inside and out.. Met officers and shared their dreams.. You will see none of the flippant hype with this company ... Unlike some of those we have seen lately... Go back and see how many pres releases there were in an entire year.. and only the facts with S-8 filings.. Gas to liquids will prolong the world supply of oil by 50 years..... As remote locations natural gas are burned off... US Dept of Energy has selected SLHO for natural gas GTL for the Prudhow Bay , Alska, where I have spent exactly 3 days... as we (HyunDai) brought in modules 300 to 600 tons pieces on a barge ,, crossing the Naduka straights... The window is only 2 weeks per year for a barge to discharge the cargo ,, these 4- 500 ton pieces,, other wise the barge is frozen all year around... demurrage rate of some 20,000 per day for next 345 days ... ARCO has to pay it ... As we all know that Prudhoe is going dry ,,, DOE wants GTL to get this gas out and still use this ugly pipe line ... All over the world the wasted gas represents... 30% of al the oil production .... This is the future recognised by ARCO , Exxon, Chevron , Texaco , BP , Elf, Fina, Pemex, Pertamina, as well as the refineers... Chevron just biuilt a Malaysian plant that will do 50k BBL at a cost of 3 bill dollars... SLHO has several licenses, including Texaco.. SASOL has one... Only 6 people can do it,, other 3 being Chevron and Arco and CCTL.. RNTK is the only one using iron catalytic process with pattens..where cobalt any one can use... SLHO has not produced a single drop yet and we do not even know whether it works or not..gastoliquids.com Joe Gas