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


To: Starduster who wrote (7940)8/26/1998 6:32:00 PM
From: Howard Williams  Read Replies (1) | Respond to of 14347
 
Sandie, I was mainly talking to Brad, and I have a dab of crow feathers that I'm munching on.......I went back to my simple calculation and realized that the smallest plants will be 500 bpd and the largest maybe 5000 bpd. So my numbers should get cranked up by a factor of maybe 4. So 200 refineries give $4/share/year revenue (mostly profit) to RNTK. Naturally, this is a very rough estimate for some indeterminate time downstream. I'd think that RNTK won't really get $1/barrel from everything produced downstream with their units. TX, or whomever, that does the marketing will likely get a slice of any $1/barrel royalty (itself a guesstimate). That only makes sense.

This however does show the potential promise from bottoms.......but there's some time until the steady flow of dollars materializes. The stock price will just depend on how people view that future prospect. I expect the ride to be bumpy.....but very survivable.

Best to all,
H.W.