To: James J. Franklin who wrote (75 ) 3/14/1998 9:54:00 AM From: TokyoMex Read Replies (3) | Respond to of 281
Dear James, You are right .. the difference between RNTK and SLHO if I may be allowed to indulge are as following.. SLHO recovers 90% of the natural gas and gas only .. RNTK recovers 90% of the natural gas but.. also recovers 80 % of the heavies, including not only the coal but heavy residue.. RNTK is able because of their patten protected iron process, where they can handle sulphur,,, which is a poison for cobalt.. Also RNTK goes for less than 5,000 pbbl where SLHO and SASOL goes for bigger than 5,000.. RNTK story is very similar to SLHO,,, same share price before the reverse by SLHO then from 5 it took off to 100 after their contract announcement.. SLHO was built by two brothers out of their garage and yet has to produce a single drop of oil from it's processor,, other hand RNTK is run by a Cornell engineering graduate ceo, who has spent 16 years testing and has built and tested a real 350 bppd plant and sold it the ONGC of India.. gastoliquids.com Same token BP since 1987,, has done gtl with a test plant and spent over 370 million usd and it now produces 70 bppd.. You folks have done well with SLHO share price valuation.. but I think RNTK at this juncture has greater reward / risk ratio .. It's like early American oil strike days of Oklahoma.. James Dean coming in at dollar a share and kicking the butt off SLHO...;-) I ve met SLHO ceo at the Bloomberg conference last year ,,same time RNTK made it's presentation ,, RNTK just made a presentation in Singapore and end of March they will make a presentation at the Howard Weil oil and gas conference in New Orleans,, by the way Howard Weil is the biggest financier of the oil and gas ventures,,they spent more money last year investing in the sector than Morgan Stanley . I kindly suggest you to buy some RNTK shares come Monday . Joe Oily .