Gas to Liquid
Commencement of Operations Started 28/12/2006
The strategy of GTL Resources plc is to produce liquids such as methanol and ethanol from stranded gas, corn and other feedstocks with quality counterparties. GTL manages all aspects of a project: finance, feedstock supply, production and marketing.

In line with its strategy of seeking to develop and exploit markets for alternative fuels, GTL has, since the beginning of 2001, concentrated primarily upon developing methanol projects, principally in Australia, and, more recently, ethanol project work. The Board has recognised the strategic benefits of acquiring a cash generative asset on a shorter time scale than the typical methanol construction time of three years. In furtherance of this strategy, on 6 September 2005 GTL Resources acquired a controlling interest in Illinois River Energy (IRE) to build an ethanol plant at Rochelle, Illinois, through its wholly owned subsidiary, GTL USA, which has been established for the purpose of investing in ethanol projects in the USA. GTL USA has invested in IRE by way of a subscription for units of IRE pursuant to the Unit Purchase Agreement.

This project has the advantage that the Plant is expected to produce revenues on a shorter time scale and at a significantly lower capital cost than the methanol plant in Australia.

The Company intends to further expand within the ethanol industry in the United States or other suitable markets by selective acquisition of low cost production facilities. The Company sees itself as a potential consolidator of ethanol plants in a particularly fragmented market.

FT Tip
GTL Resources, an Aim-listed company. It raised money to build an ethanol plant in the US. Raw materials costs have risen but the price of ethanol has gone through the roof. The earnings potential should be spectacular.

New Plant

Construction started at Rochelle, Illinois site in September and production from the 50 million gallon per annum ethanol plant is expected to commence in the fourth quarter of 2006. Following unusually mild weather in Illinois the project has progressed well and is on schedule and on budget. Whilst the Companys main efforts centre on the successful delivery of the US ethanol project at Rochelle, the potential expansion of that site to 100 million gallons is being investigated. In addition and consistent
with GTLs stated strategy for the expansion of its interests in the ethanol industry, other ethanol opportunities have also been identified and will be analysed. Pictures Of The Site Under Construction March 27, 2006 http://www.illinoisriverenergy.com/html/construction.html


Arden
http://gtlresources.com/documents/ArdenAnalystResearchNote.pdf
http://www.gtlresources.com/documents/ArdenAnalystResearchNote.pdf
BBC News Item On Ethanol
http://news.bbc.co.uk/nolavconsole/ukfs_news/hi/newsid_4940000/newsid_4948400/bb_wm_4948456.stm

Ethanol Priceshttp://ethanolmarket.aghost.net/
Ethanol as a Transportation Fuel
http://energy.ca.gov/afvs/vehicle_fact_sheets/ethanol.html

Annual report for 2006
http://www.gtlresources.com/documents/GTLAnnualReport2006_001.pdf
Pics from Ethanol Producer Magazine of GTL's plant.
http://ethanolproducer.com/plant-images.jsp?plant_id=302&image_id=59
Commencement of Operations Started 28/12/2006
http://www.gtlresources.com/
Economics of Ethanol
http://www.ces.purdue.edu/extmedia/ID/ID-339.pdf
2 July 2007 GTL Resources FY pretax loss narrows, plans 13 mln stg placing to fund expansion
http://moneyam.uk-wire.com/cgi-bin/articles/200707020705014067Z.html
GTL Web Site
http://www.gtlresources.com/

just do one-liners, for which one needs a stooge to feed off

Well, there are plenty of stooges here to feed your imagination - you could do it.

no kidding! .... i think stooge is a polite word for some of the imbeciles (whoops! never said that!!)

Cyn, your self-depreciating mode often has me in stitches. LOL.

have to stop the current bleeding somehow

such a prick

Director's buying

GTL Resources PLC
21 December 2007


FOR IMMEDIATE RELEASE 21 December 2007



GTL Resources PLC

('GTL' or the 'Company)

Director's Dealings


GTL Resources plc (AIM:GTL), the energy development company focused on ethanol
production in the United States, today announces that two of its Directors
purchased shares in the Company on 20 December 2007, as detailed below:

Director No. of shares Price per Total number of Percentage of
purchased share shares held issued share
following the capital
share purchase
Richard 20,000 76.25 pence 30,000
Ruebe
Mike Brennan 13,000 76.25 pence 27,000

(RENOVA ORD 10P – RVA) Has taken a tumble down 62% to 13p not looking good for ethanol stocks.

may i say, told you so?

cynic, you are right, this GTL car is getting more rusty

cynic
No!!!!!

sure seem to have divided opinion - lol!

61.5p...still weakening.

why are you still invested here? ... you had a chance to get out on fall after the bounce to about 100 at the end of last year

There must be a bottom.

its called liquidation...

and administration

GTL... Great To Liquidation...

lol it may be in the wrong sector, listed at a poor time in the market and heavily unfavoured but GTL is operating profitably with excellent growth prospects and I sincerely doubt it will get liquidated. Only an absolute ejit would think that. And before the many respond ... know that any arguement you present is completely unfounded.

a fool and his money etc etc