Gtl Resources Share Discussion Threads

[caveat_emptor] 18/9/2011 04:29

If only they would pay a dividend I would keep my shares,
and take my finger off the sell button...which is the only
way of making a profit with these sort of shares.

[caveat_emptor] 14/9/2011 17:54

Delighted to receive my Computershare notice of the AGM,
and support all resolutions, including giving the company
the right to buy back shares.

Yummmmmmie!!!

[caveat_emptor] 13/9/2011 17:57

All E plants having hard time realising their proper valuation.
Sentiment is against them...not least opposition from the oil
lobby.
GPRE sold 25% of their company today at $8....half a billion gallons
per annum....that's $1.60 per 100mg.....
Simple calc says that GTL should be worth a quid.
If they double, or possibly more, their profitability with the ZEIN business,
they should at last break through.

Odd thing though, GPRE produces from 500mg a profit of $40 mil....

GtL does better than that from 100mgs

How many gallons a year for Pacific-PDX....how much profit....
Does the same comparison work.

Anyone else producing zein?
or planning to?

[spaceparallax] 12/9/2011 11:36

No thanks, I'm happy with the super-efficient GTL

[denc] 12/9/2011 11:00

those who like ethanol could do worst than look at pdx

14 plants with an annual output of c. 1 billion galls are on order - all sold in the first 12 months - more are in the pipeline with an eventual target of 5 billion gallons - 2 billion gals of capacity will be installed before sept 2012

pdx gets between 2 and 4 cents for each of those gallons

[caveat_emptor] 06/9/2011 15:09

Yummmie....
Someone is shorting this back with cfd's to the recent lows,
and hoping to buy back with real money.....

Will we get another bite at the 66p level?

[puffintickler] 06/9/2011 13:57

Impala

Agree entirely, DDG is a major part of the margin without which the business would make no economic sense. The DDG price goes up with corn prices so GTL will be very profitable at present.

Agree with the 30 M$ forecast PBT figure, as long as margins hold at their current respectable levels. That will give a PER of around 2 so plenty of scope for a multibag from here.

Any Zein profit will come on top of this.

[caveat_emptor] 06/9/2011 11:35

The reluctance of Henderson to tell me which of their funds held the 30%
made me look further...so I called PG....the reply was uncompromising
and brief....44m lbs of Zee from 110mg of E.


One thing is certain the funds can act as a deterrent to
would be predators.

[impala391] 06/9/2011 09:23

Don,t forget the $20mill reduction in debt which to my mind means a $32mill PBT.
Its like everyone use to forget the revenue from DDG.

[puffintickler] 06/9/2011 08:35

Caveat

Optimistic as I am on these shares there is no way that 400 M$ will "go straight through to the bottom line".

Even 200 M$ revenue is highly unlikely as market prices are likely to be affected by a large extra supply such as this.

Then you have to deduct manufacture, storage, transport and extra admin costs. Quality of product will be important, this will cost money to ensure. And don't forget that some DDG revenue will be lost.

That said, even if 20 M$ finds its way to the bottom line the impact on an already highly depressed share price will be huge (the last PBT was only 12 M$).

In my calculations I have factored in 1 M$ profit per year, which I expect will be a substantial underestimate but until we have more info about the economics I am inclined to treat the possibility of big profits from Zein as an "outer" rather than a core reason to buy.

[caveat_emptor] 06/9/2011 07:18

Henderson Global declined to comment when asked which
fund held the investment in GTL.

The response was "we never give out that sort of information!!

Does anyone here know?

[caveat_emptor] 06/9/2011 07:15

I wonder what the reaction would be if the market fully
realised the possibilities?

[caveat_emptor] 04/9/2011 07:24

It's no secret what PG sales pitch to ethanol plants is.....

"100 m gallons of E can produce 20 million kgs of zein protein"

[impala391] 03/9/2011 08:53

Ok Caveat I understand your need for secrecy, but its good to know something big could happen.

[caveat_emptor] 03/9/2011 08:48

I can let youn into a secret....Dream Ahead will
win the Betfred Sprint Cup this afternoon at Haydock.

[impala391] 03/9/2011 06:56

Found this, so zein is about $20-$40/Kg. Amazein!!!!

Currently, zein is even more expensive than shellac per pound (~$10-$20/lb.), according to a zein company, but not so considering that only half as much zein is used as shellac for the same application.

[impala391] 03/9/2011 06:13

Caveat, what makes you say they are wrong. I only copied and pasted them.Interested to hear your perception on the figures.
Link I Copied from.
https://netfiles.uiuc.edu/mcheryan/www/avcpro.htm

[caveat_emptor] 03/9/2011 05:54

In fact the perception you have of the correct numbers
is not the same as the people who invented and patented
the process.

[caveat_emptor] 02/9/2011 17:02

Impala, Space and Ace....
The numbers above are wrong!!!

[spaceparallax] 02/9/2011 15:07

No idea CE, but would be interested in knowing

[impala391] 02/9/2011 14:50

Our preliminary economic analysis shows a net revenue of $2-4/bushel corn, depending on the coproduct(s). This translates into an additional income of $75-150 million per year for a plant producing 100 million gallons of ethanol/year (380 million liters/year) without any additional raw materials being used (we "borrow" in-house ground corn and ethanol). Considering that US corn-based ethanol capacity is over 10 billion gallons per year, the potential impact of our research is significant.

This technology has resulted in several US and Canadian patents and has been licensed through the University of Illinois to Prairie Gold Inc., Bloomington, Illinois for commercialization.

[caveat_emptor] 02/9/2011 13:57

My question to PG was "how many kgs or lbs of zein
are processed as a by-product of 110 m gallons of
ethanol?"

[spaceparallax] 02/9/2011 13:21

lovely share price action today, presumably linked to Ace's post above.

[caveat_emptor] 31/8/2011 10:18

Forget about E for the moment and do your homework on
the other numbers................