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/

Well they can either die of hunger or be destroyed by global warming.
And how much corn do they actually import for use from 3rd world countries anyway

don't confuse wheat with maize

Investor's Chroncle pitched in with an article similar to that which Shares ran last week - Overall Message was Steer clear of the sector.

It referenced GTL as moving up immediately after Bush's speech coupled with the commencement of its operations at Illinois. It also siad that Future Oil or something has cancelled plans to expand its capacity and subsequently upset the market, any chance this could happen with GTL?

P.S.Oil's going higher which is a good thing as OPEC production Cuts kick in this week

Soul, re "And you think the likes of JP Morgan, Barclays and UBS will get on board soul??".

I wasn't disagreeing with you, ideally i would love them get on board and make me some money. i was just questioning how realistic you think it is.

Jones, understood. I do think it's realistic, as in "on the cards".

Don't hold me to it, though - was just kind of thinking out loud.

FWIW I'm not sure there's a problem with growing food crops to fuel cars. Third World hunger isn't just about crop allocation; many of the governments in those countries are content to let their people starve while they trade international aid for arms.

And besides, have we in Europe not been paying our farmers to turn their fields into golf courses for decades now?

Don't forget that GTL sells its biproduct as animal feedstock. So 2 birds with one stone.

Neat.

Hmm

i can understand why stocks move a bit either way during a day, but surely a near 5% drop for no news cannot be a good sign.

Although two days last week their were drops of between 5% and 6% and by the end of the day it had nearly recovered, finishing down about 1%.

I think AIM stocks like GTL who are exposed to a number of external factors can easily move like this GHJ, it could be, Im not sure, that the Price of Corn has risen once again and ethanol fallen.
Don't always assume its something you don't know about but somehow someone does and is influencing the S.P. - Its just the way GTL Moves - Up slightly, then Down a lot further

Ethanol is up at $1.95 since last night. I must admit was expecting a rise in sp today.

Laurie, I think the Ethanol Industry may have been BroadBrushed as a no-go area for the time being until favourbale commodity prices return - Resulting drop in GTL's, amongst others, S.P.'s.

GDP, you may well be right. But good to see ethanol continuing to recover. Above $2 could be important psychologically? WDIK tho.

Yes I think so Soul but I think the market may be paying more attention corn though IMO - even though we know GTL isnt paying that.

GTL Resources PLC
01 February 2007


For Immediate Release 1 February 2007

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

Change of Advisor

The Board of GTL Resources Plc (AIM:GTL) is pleased to announce that, following
a review of its advisory relationships, Morgan Stanley has been appointed as
Nominated Adviser and Broker to the company with immediate effect.

That sounds like a declaration of intent to play in the big leagues. Thanks for the post, Silver.

RNS from 30 Jan.

GTL Resources PLC - Share Notification
RNS Number:4033Q
GTL Resources PLC
30 January 2007


For Immediate Release 30 January 2007


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 24 January 2007 the Mineworkers pension scheme held 661,178 ordinary
shares. This represents a decrease from 3.06% to 2.91% of the issued share
capital of your company.


These shares were registered in the name of Mineworkers Pension Scheme (Chase
GIS) nominees Ltd.

Good news appoint Morgan Stanely - Like you say Soul its the big league now for GTL!

Ethanol price still going the right way, too :o)

EDIT: it must definitely help that the crude price has climbed back off $50 to around $55 - nice to see a bit of encouragement in the wider market after some of the recent slippage. Incredible that a few short months ago we had oil at $78.

this is gash

well it certainly isnt good - how can a month which saw so much positive news see the share price drop back to below 200!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!