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Technology Stocks : SLH Corp. (SYNM) - From natural gas to crude oil -- Ignore unavailable to you. Want to Upgrade?

To: John M who wrote (152)	4/17/1998 4:11:00 PM
From: John M	Read Replies (1) \| Respond to of 281

To All, Suggest that all techies visit SASOL's web site @ www.sasol.com. Their process description section is excellent and the cost they are quoting now for GTL with thier multiphase slurry catalyst is out the door $30,000/bpd on a 10,000 bpd plant. SASOL will want to be a partner instead of providing a licencing agreement to potential builders of the plants. They've proven their technology though - in service since 1993 a 2500 bpd slurry-phase GTL plant now commercial! Older designs using fixed bed reactors since 1955!!! 6.2 billion$ market cap. $10.25/share don't know how quickly the stock price can rise but many real new projects on the slate for bigger plants (20,000 bpd plus - Chevron, Phillips, North Sea). Syntroleum must build plants for less than SASOL to be competitive. If it were my money, and both cost the same, I would have to go with SASOL because of their operating experience. SASOL will want a piece of the action though so have to deal with that. JM