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/

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

georgetrio
Cheers george looks an OK bloke to do the job.

DRIVER

YES, THEY CAN NOT AFFORD TO BRING ANYBODY IN AT THIS STAGE. MUST BE GOOD. FINGER X . BEST LUCK

A bit of volume today looks like the bottom has been reached.

one can not afford to disregard GTL. wise investors. My bet is that by the end of November, many will be coming on board. best luck

WHY THE DROP,FUNDRAISING DUE?

share trader
There could be a cash call in the distant future to fund further plants but as I see it that would be long after production has started at this plant and the revenues are flowing, so there is no reason for the sp fall IMO a good time to top up the chart is seeing a double bottom at the moment, up from here.

driver
spot on. now that we heading toward production, any drop is nice for buying and the risk level is reducing plus the experience of Richard Ruebe. I think that's a smart combination.

whats the production early next year sheeeeeit

as far as i know its l8t this year i.e. dec and i think that was said in the interims or am i wrong

deadfred
Are you on the right thread?

GTL are due to start producing large quantities of ethanol by the end of 2006 or early 2007. The plant once operational will have the capacity to produce a minimum of 50 million gallons of ethanol per annum increasing production from 50 Million Gallons per annum to 100 Million Gallons per annum at a later date.

I hope so, is the September update out on the website yet?

G D Potts
No updates as yet but we should get an announcement on this soon.

(29/06/06) Announcement
GTL, the project development company focussed on Ethanol production in the US, today announced that it has applied for permits to extend the production capacity of its plant at Rochelle, Illinois, from 50 Million Gallons per annum to 100 Million Gallons per annum. The directors expect the permits to be finalised in Q4 2006. The commencement of subsequent construction to increase capacity at the plant will be announced in due course.

And everything is on schedule and on budget or should i say everything is on a share propel GTL. lol

The matter has become serious and if you hate flying get off now but if you are eagle spread your wings. lol

driver was posting on what i thought someone had said

i.e. production was due 07 when it should be said that production is on course for 06 and maybe even earlier than dec imho

d fred
GTL have stated that they will be delivering revenues throughout 2007, so if the plant is up and running in Dec or early 2007 makes no odds. At these levels its a good time to top up IMO.