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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO) -- Ignore unavailable to you. Want to Upgrade?


To: Charles A. King who wrote (9510)6/11/1998 2:11:00 PM
From: Charles A. King  Respond to of 13091
 
Y'all know how I am always doing arithmetic. I have a little RNTK stock. RNTK is a gas-to-liquids company that can process refinery bottoms and make extremely clean diesel. They built a plant for R&D purposes which they operated for a short time and then sent to India where it will make wax. A way of discussing and comparing the cost of these gas-to-liquids plants produced by competing companies is to use the calculation of the capital cost to produce a barrel of diesel per day. The RNTK R&D plant cost more than $70,000 per bpd but that was because it was a stand-alone R&D setup while the business plan calls for their design to be attached to a refinery that will gasify the input to the RNTK plant. A goal of competitors as well as RNTK is to get the cost below $30,000 per bpd.

Comparing this technology to GRNO's plant is like comparing apples to oranges because GRNO's feedstock is already partly refined while RNTK's feedstock is unrefined, heavy stuff. But just to see whether RNTK could compete with GRNO to process crankcase oil, even in the vicinity of a refinery, I calculated the barrel per day cost of the Model 1000 to compare it to the $30,000 per bpd number that the GTL industry shoots for.

$2,500,000 X 42 gallons per barrel / 1,000 gallons per hour / 24 hours per day

= $4,375 per bpd

Charles



To: Charles A. King who wrote (9510)6/11/1998 2:42:00 PM
From: John Chylek  Read Replies (1) | Respond to of 13091
 
Charles, your post reminded me of "The Second Coming" by Yeats. The first stanza:

Turning and turning in a widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best last all conviction, while the worst
Are full of passionate intensity.

.....and this by Auden

All I have is a voice
To undo the folded lie,
The romantic lie in the brain
Of the sensual man-in-the-street
And the lie of Authority
Whose buildings grope the sky:
There is no such thing as the State
And no one exists alone;
Hunger allows no choice
To the citizen or the police;
We must love one another or die.

John