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/

DRIVER
well balanced argument, just on the basis of supply and demand the oil business has a very healthy future. soon it will be another summer. the fall in oil price presents us with another opportunity to buy at low price excellent businesses like SEY, GTL, PVR, SOU, AST, GOO......

arise and shine for your light has come. best luck to GTL

Big volume today looks like the bottom, or it could be that the oil price is going up again.

Plant Aerial View - 07.09.06

I dont hold these shares,just seen a very interesting interview on cnn with al gore and richard branson,who are on a mission to change the dependancy on oil and he R B,wants in on ethenol!!,good luck to all holders

capetown
Cheers cape.

Fill your boots.

but be aware that ethanol from corn is expensive to produce and cars drink up 30% more than when running on petrol

Lol i guess cynic you read the times today - thats a good quote from an Interesting article.

nice pic driver too.

Article in the Sun on Saturday about British Touring Car Championship at Brands Hatch. Team RAC using 85/ 15 Ethanol and Vauxhall Astra using sugar beet ethanol.
Suggested all race cars will use within a year! Including Formula 1.

Cynic
spot on, there was an article in sunday times on these matters. however one should take action when the future earning power of a business is about to leap towards the high places. GTL is coming into top banana field. best luck

my own view of companies in this sort of field is that perhaps the likes of DOO are more likely to turn profitable in the nearer future than say GTL, though of course there are political pressures and subsidies (bribes!) that may make GTL an interesting t/o target or similar ...... BFC is a possible t/o target too, provided it survives long enough

I was expecting to see the prices slowly rise towards production. Do you think we are just seeing uncertainty with the oil price dropping or do you think it is too early for people to be investing in the buildup to production to produce such rises?

jeez - could have worded that one better ;)

100
Uncertainty with the oil price dropping, you could be right but GTL did say they could make a profit with the oil above 20$ so I have no worries there this is good top up territory IMO.

Lets hope reube gets the price moving again

Appointment of Executive Director


The Company is pleased to announce the appointment of Richard Ruebe to the Board
of GTL Resources plc as Chief Executive Officer of GTL Resources USA Inc, GTL's
USA subsidiary with immediate effect.


Richard has nearly 30 years of general business experience in the USA, laterly
in the managing of multi-site manufacturing operations,. Prior to taking this
position with GTL Resources plc, Richard was, between 2002 and 2006, the chief
executive officer and vice president of operations of Hollinee LLC, a fibreglass
and non wovens filter manufacturing company which had nine manufacturing
facilities in the US and sales of $100m. As its chief executive officer, Richard
successfully streamlined the manufacturing facilities, improved profitability
and successfully arranged the sale of the business. Prior to this role, Richard
spent seven years as vice president of operations and chief financial officer of
Interlake Material Handling Equipment Manufacturing Inc., a company with sales
of $300m. In this role, Richard managed four plants and the construction of a
Greenfield facility in Mexico. Previously Richard worked for Boots
Pharmaceuticals Inc, part of Boots UK global business, between 1992 and 1995 and
Zenith Electronics Inc. between 1981 and 1992.


Commenting on the appointment, Chairman Peter Middleton said;


"We are delighted to welcome Richard to the GTL Group. GTL Resources has been
searching for some time for the right person to be CEO of its subsidiary in the
USA. I am very confident that Richard will play a substantial and significant
part in the development of our Ethanol business in the USA. Richard has a strong
track record and brings important new skills to GTL, particularly from his
background in manufacturing."



Commenting on the appointment, Richard said;


"I am delighted to be part of the team and look forward to contributing to GTL
Resources' overall plans to grow Ethanol manufacturing capabilities in the
Midwestern United States. Being from Illinois, I know how important the ethanol
industry is to our overall economy"





For further information:


Buchanan Communications 020 7466 5000

Tim Thompson/Nick Melson/Ben Romney




Notes to editors


(a) Name - Richard Ruebe

(b) Age - 49 years

(c) Current Directorships - Illinois River Energy Inc, GTL Resources Inc.

(d) Past Directorships - Hollinee LCC, Interlake Material Holdings Inc.

(e) There are no other disclosures required under Schedule Two (g) of the AIM
rules



End

SOURCE: THE TIMES NEWS PAPER 27/09/06

RUMOUR OF THE DAY

GTL Resources, the alternative energy specialist that is building an ethanol plant in ILLINOIS, firmed 0.07p to 2.32p on talk it has hired a new chief executive for tis US operations. It is said to have appointed RICHARD RUEBE, who previously ran HOLLINEE, AN OHIO -BASED glass fibre maker, after spells at Interlake and BOOTS PHARMACEUTICALS. gtl is due to begin ethanol production early next year.

GTL Resources plc


("GTL" or the "Company")



sorry about this

have posted twice and have to delete again. my apologies