Syntroleum Corporation (SYNM)

[tradero]

Is Synopec in the plans?

Very interesting post from Valdo (Yahoo)

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=tm&bn=24523&tid=110339&mid=110472&tof=15&frt=2


If you look at SYNM's "Oil & Gas Investor Presentation (which I recommend every SYNM investor to do), you'll see SYNM's plan to scale up barrels per day on slide #17 from 2500 bpd in 2012, to 3000 bpd in 2013 (from debottlenecking and expanding G1), to 6000 BPD in 2014 (opening G2), to 11,000 BPD in 2015 (G1, G2, & opening GTL plant #1).

The slide also shows they expect 50% of the 10K BPD GTL plant, so there will be a JV with deep pockets as the 10K BPD GTL plant is expected to cost $750-$850M.

As the original poster surmised, its a good bet that Sinopec looks to play the GTL game and use SYNM to get their foot in the USA door. They just bought a 33% stake in Devon Energy's 5 shale gas fields located where--near Geismar's back yard...