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

To: G. Scott who wrote (1390)	2/24/1998 1:25:00 PM
From: Bert Zed	Respond to of 14347

Thanks for an excellent summary. Welcome to the thread.

To: G. Scott who wrote (1390)	2/24/1998 1:26:00 PM
From: Andrew H	Respond to of 14347

>>Will post more if prompted.<< Great post, G. Scott. Consider this a formal prompt to post more. We can use your knowledge and research on the thread. Your information regarding the Preferreds is the same info I got from the company. As well as the fact that the shares are in the hands of holders who understand the potential and are expecting higher prices. I think a number of us on the thread are a bit foggy about some of the more technical aspects and implications of RNTK's technology. While I have a good handle on the potential for growth, I find your Please Note comments of special interest. Keep it up! Perhaps you can explain exactly what refinery bottoms are?

To: G. Scott who wrote (1390)	2/24/1998 2:22:00 PM
From: RDavidson	Respond to of 14347

Thanks for a clear headed logical post. Stick around, this is going to get interesting. Regards, R Davidson

To: G. Scott who wrote (1390)	2/24/1998 3:27:00 PM
From: Mark Hill	Read Replies (1) \| Respond to of 14347

Welcome G. Scott. I'm usually a lurker here but wanted to know if the fuel that the big cruise ships use has anything to do with refinery bottoms. The last cruise we went on I asked the captain what they use for fuel and he said it was like black sludge that nobody wanted. He also said the engines were specifically designed to use this "sludge". Any thoughts anybody. M.H.

To: G. Scott who wrote (1390)	2/24/1998 8:31:00 PM
From: Bill Rogers	Read Replies (1) \| Respond to of 14347

G.Scott, thanks for your excellent post and time put into it, we welcome your thoughts anytime you have an update you feel is important to us. Have a good week.

To: G. Scott who wrote (1390)	2/24/1998 9:34:00 PM
From: ForYourEyesOnly	Read Replies (2) \| Respond to of 14347

Summary of GTL Field: I have summarized the contents of a few articles on GTL. Please feel free to comment and criticize the content. All quotes are from the articles listed at the end by B. Shook. "(plan)" means that the projects are not yet in operation, and may be in planning or construction stages. I. PLAYERS: Texaco, Exxon, Shell, Rentech, Syntroleum, Sasol II. PROPRIETARY TECHNOLOGIES A. Exxon: "Advanced Gas Conversion (AGC 21)" 350 patents B. Shell: "Middle Distillates Synthesis (MDS)" C. Sasol: "Slurry Phase Distillate Process" Syntroleum: Gas to Liquids (?) Rentech: Gas to Liquids (?) Patented (9 or 10 patents?) III. CATALYSTS A. Rentech: Iron-based B. Sasol: "Will use cobalt catalysts in the next generation of its technology" C. All Others: Cobalt-based "Rentech, which is targeting a different market segment, continues to use iron-based catalysts because of their lower cost and greater feedstock flexibility." IV. PROJECTS A. Shell: 1. Bintulu, Malaysian plant, world's first commercial facility Operating since 1994 12,500 bpd of waxes, chemicals and fuels Third generation technology Destroyed in explosion on Christmas day, 1997 (?) 2. Bangladesh (plan) New project Will use 4th generation technology 50,000 bpd of mostly fuels B. Exxon 1. Qatar plant (plan) Plan to do 100,000 bpd After sign agreement, construction to start in 1999 2. Looking at North Slope of Alaska with BP 2. Requests by the state of Alaska to look at use in Exxon's reserves there. C. Sasol 1. Qatar project (plan) 20,000 bpd plan Start-up by 2000 - 2001 Partnered with Phillips 2. Joint-venture arrangements with Norway's Statoil for floating GTL units D. Syntroleum 1. ARC Washington pilot plant (plan) 70 bpd 2. Trinidad project (plan) Partner with Texaco and Brown & Root 2,500 bdp 3. Wyoming project (plan) 5,000 bdp E. Texaco 1. North Atlantic Margin (plan) Some guess up to 200,000 bpd, but Texaco indicates 20,000 bpd more likely 2. Scotland (plan) ?? 3. Amazon Basin of Brazil (plan) ?? F. Rentech 1. 350 bpd plant Tested in U.S. Moving to India (plan) Is it possible that Rentech will be competitive in the refinery bottoms and coal gasification segments, with the big boys taking over the big pure GTL projects? Any comments? References: (all by B. Shook) 1. World Gas Intelligence, Dec. 19, 1997. 2. Petroleum Intelligence Weekly, Feb. 9, 1998. 3. International Petroleum Finance, January 1998. (Texaco.) THC