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

To: Zeev Hed who wrote (10458)	10/8/1998 9:36:00 PM
From: ChrisJP	Read Replies (3) \| Respond to of 14347

Hi Zeev, Correct me if I'm wrong, but the JV is for refinery bottoms and therefore can save the refineries money right away. It's economic viability does not strictly depend on the price of oil. Between Texaco and Shell -- that's a lot of refineries. $4M in profits divided into 40M shares with a PE of 30 = $3/share -- I'll take it ! Regards, Chris -- still waiting for the terms of the deal

To: Zeev Hed who wrote (10458)	10/8/1998 9:41:00 PM
From: SEAN007	Read Replies (2) \| Respond to of 14347

They arent building a plant Zeev. They are bascially retrofit. They should be cheap to build and they should return the cost the first year. I will ask Mark about the numbers they are a lot lower than your figure. This is not like a SLHO.synm deal. Where they take some technology on a barge and hook it up to see if it works. They will probably have 3-6 plants working by the year 2000 and they will share the profits. They have 3 million in the bank. They will probably show a profit this qt. OKON is cranking cash out and getting stronger.