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

To: Andrew H who wrote (10866)	10/12/1998 4:49:00 PM
From: Webster Groves	Read Replies (3) \| Respond to of 14347

Anybody see RNTK falling back to 7/16 please raise your hand. Hmmm..don't see any. I bought back in a bit today at 7/8. Normally when it's easy to buy at the bid that means the MM think it will drop further. I hope so. True investors wanting real gains should cheer these drops and buy more. By the way I last sold at 2 5/16 (Ahh, the good ole' days!), and have been waiting for the announcement. If there still are preferred shares out to convert, and they sell immediately, then the price doesn't matter. They're dealing in fixed number of $$$ and a discount price. But if they see value in holding after converting, expect the bid on RNTK to be as low as possible consistent with converting, so as to maximize the number of common shares realized. As long as there is buying interest (and there should be) then the previous label "floorless" is irrelevant, because TX is installing a nice hardwood floor right now. -wg

To: Andrew H who wrote (10866)	10/12/1998 5:38:00 PM
From: The Street	Read Replies (1) \| Respond to of 14347

Maybe that post shows your total ignorance. Not even smart enough to see the obvious. Get all you info spoon fed to fit into your tiny range of intelligence. Let's take it to PM's so you will not create a bigger fool persona than you already have with the thread. (Thanks all to the PM's.)

To: Andrew H who wrote (10866)	10/12/1998 6:30:00 PM
From: Bradpalm1	Read Replies (3) \| Respond to of 14347

Like oxygen to a drowning man, this post can hopefully let all of us breath a little easier. It also seems to clarify Mark's position of the outstanding shares and conversions. IMO, buying RNTK at these cheap levels is like paying off a little principle on your mortgage each month..... By: Dooper55 Reply To: NoneMonday, 12 Oct 1998, 5:53 PM EDT Post # of 778 To all. More facts.....and $/share thoughts... More facts......... 1) About 39.5M shares out as of middle of last week. Additional 1.5 can be converted by preferred holders. That data from RNTK. That should get it to maybe 41M and that should be it for the time being. I see no need for RNTK to issue any more convertibles in the near future. 2) RNTK/TX keeping deal provisions/financials very close to their vests. Maybe RNTK will disclose more in the year-end 10K due out in December. 3) TX deal covers ALL SYNGAS FROM LIQUIDS AND SOLIDS whether it's a TX, Shell, Lurgi, etc. gasifier or a Brand X widget or whatever. 4) "As reported earlier"....RNTK retains the right to license 100% natural gas-syngas fed GTL to anybody.....including TX if they're interested. 5) RNTK believes their natural gas GTL is cost competitive with Syntroleum. RNTK DOES NOT NEED 2 REACTORS in series. They recycle the tailgas containing CO2 to the front end which then becomes additional CO (part of syngas). They will typically use an oxygen generator (though not mandatory) and CO2 handling equipment. 6) Olefins have value as feedstocks for petrochemicals. RNTK's iron catalyst process makes more olefins than cobalt systems. 7) SYNTROLEUM uses 2 reactors in series to get efficiency. They can't recycle tailgas because they use air and the nitrogen precludes recycling. - so it's RNTK with O2 and CO2 stuff vs SYNM's 2 reactors - comments from Cougar more than welcome on 5, 6, 7, etc. 8) RNTK's best bets for natural gas GTLing near term will be niche/specialty things like where sombody has waste gas that they can't flare and can't use profitably. I believe that's the type of arenas where their "talks with others" are probably centered. 9) Big companies like Exxon will eventually build the biggest and most profitable natural gas GTL operations. Their margins will blow away small GTL units in the same specialty markets. Another reason to look for RNTK natural gas GTLing just in smaller specialty locations in the near term. 10) TX is going to exploit the RNTK stuff but don't look for major dollars near term. A logical place to watch is the Orinoco where bodacious quantities of bitumen will flow from infrastructure already under construction. TX has a share of that pie. Many bpd of syncrude could come from that. $/share thoughts..... What's RNTK worth per share??? Consider this...... - SYNM has a market cap of $250M and all they have is natural gas GTL, though they are about a year or two ahead of RNTK on licensings. - RNTK has a market cap of $35M....AND......RNTK has natural gas GTL that may very well be totally competitive with SYNM's on a $K/bpd for stand-alone operations .......AND.....a signed deal with TX under which TX will be marketing RNTK technology to the world in the immediately-profitable bitumen/bottoms arena that SYNM can't even work in!!!! $6/share would make RNTK's market cap the same as SYNM's. Since RNTK may have everything that SYNM has for natural gas GTL....and TX marketing RNTK stuff in a nearer term profitable arena.......hmmmmm Time will tell. Doop III (eom)