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/

Laurie: This was an X trade:

Cross at Same Price
A transaction was effected as an agency cross or a riskless principal transaction at the same price and on the same terms (this requires one trade report).
X

i.e. sell and a buy all in one as no price difference. Could be brokers.

It still means some one has bought 10m

good news driver !

GTL Resources plc
('GTL' or the 'Company')


GTL Resources plc, the project development company focused on Ethanol production
in the US, is pleased to announce that plant operator training is now under way
at its 50 million gallon per annum ethanol plant at Rochelle, Illinois.



Peter Middleton, Chairman commented 'I am delighted to report that all staff are
now in place for the project and we remain on schedule for production to start
in December 2006.'


For further information, please contact:

GTL Resources plc

great news that the project is on time,this is just the start wait and see when they get production up to the 100m gl
seems they have good management and got it right, i was in bio fuels when they were building a factory it was a nightmare
i am holding 600k and keeping this will be big {more petrol cars in the usa}

Renova have dropped back considerably recently - could be time for GTL's rapid advance!
Good news but I thought that the market was already aware that staff were now being trained, was it not on the website before the announcement?

Yes and they were two weeks ahead but now the market will hopefully remember GTL.

500,000 buy and loads at 2.15 and still will not up the sp.
One sell and they lower it!

Yep some good news at last, the plant is on time and the sp is on its way up, us patient souls new this would come good in the end.

Well timed potts.

Driver have you looked at your site recently I put a couple of questions on?

4 million sale just gone through! What does the protected transaction mean?

laurie

T Trade If reporting a protected transaction.

Protected from knowing whom I presume.

Mentioned in Shares Mag

Ready to roll in early dec, 50 mill gallons by early 2007, plans to double to 100, target 400, only problem is corn prices, shoud make $15 mill profit to march 2008, which would be a PE of 6,

Update on GTL by Tom W at t1ps: Based upon value of ethanol plant SP is worth twice its current value. Stance remains Speculative Buy. DYOR

silvermede
We love Speculative Buys (multi baggers)

YEP and also a tiny, very, very small mention in the Times with the big boys - jist of it was that GTL had some good news, shares unchnaged. (Yesterdays paper)

From the Stock Market Reporter:

"A well-received update from its Illinois ethanol project sent shares in GTL Resources 0.15p ahead to 2.2p. The project development company focused on ethanol production in the US, said that plant operator training was now under way at its 50 million gallon per annum ethanol plant at Rochelle. Production is expected to start in December."

Not a bad bit of volume for the first 10 mins of trading

Some of us are posting on marketwatch a site for the U.S, GTL has got a duel listing on a Market in the U.S although not many shares are traded on it so we are trying to get our yanky friends interested for obvious reasons by posting. Post any thing the more postings we get will get us on there leaders board for punters to see, today we was about eighth on the list.
When you register to post they use the first part of your email address as your user name.

Get posting.
http://www.marketwatch.com/discussions/msgIndex.asp?siteId=mktw&parentId=2&forumId=11&boardId=70222

This RNS from yesterday probably explains some of the recent larger sales:

GTL Resources PLC
26 October 2006



For Immediate Release 26 October 2006



GTL Resources plc


('GTL' or the 'Company')


Disclosure of Significant Shareholdings


Under the Companies Act 1985, Section 199(2a), I am writing to inform you that
as of 20 October 2006 the British Coal Staff Superannuation Scheme held
67,138,135 ordinary shares. This represents a decrease from 3.00% to 2.96% of
the issued share capital of your company.

silvermede
A very small amount of shares I dont think it will affect the sp.