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Rentech, Inc. Message Board

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  • under_dogst0915 under_dogst0915 Apr 14, 2011 6:01 PM Flag

    PSJ and the DOE is a blessing for us

    >>>>>>>>obviously, I have very little positive to say anymore about rtk and its management, but hear me out.

    PSJ is much less ambitious than Rialto, functionally as well as monetarily, and looks like its moving ahead on the LG front, with a possible 30% grant as a sweetener. <<<<<<<<<

    OK, I heard you out !
    Your point is well taken, we need some encouragement over here.
    This will be a totally different concept. Is strictly electric power from biomass
    My question is the cost effectiveness of such of process, profit margin ?
    How profitable is this process ? How much money they are going to make after the expenses ?

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    • biomass to electricity is pretty simple.......some wood waste, ie dead trees everywhere in Florida..........a boiler, a big A$$ burner, and you turn the heat into steam and drive a simple turbine driving a generator ...........

      and, BIG PART, its """BASE LOAD""" which means 24/7 power

      with the GOVERNMENT paying part of the bill, this is a friggin GIFT to you guys!

      skibare

    • >> My question is the cost effectiveness of such of process, profit margin ?
      How profitable is this process ? How much money they are going to make after the expenses ? <<

      Renewable power should have decent profits if the plant is operated well and the gasifier works like it is supposed to...and if the off-take and feedstock agreements are structured right.

      The DOE seems to feel renewable power has a better chance of success than BTL. I would have sold if RTK got the Rialto loan and possibly shorted...it was a disaster in the making...IMHO.

      I might keep a few shares if RTK gets the St Joe loan and see how it turns out.

 
RTK
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