Davies estimates that between the two pending projects, Sasol's synfuels output will grow to 235, 000 a day, 40% above Secunda alone.

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Exhibit 3: Wooed by a half-dozen VCs, David Secunda, chief executive of an adventure-gear e-commerce site, picked CMGI's AtVentures in Menlo Park, Calif.

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His new board members are former Securities and Exchange commission Chairman Arthur Levitt, financial news journalist Jane Bryant Quinn, investment company executive Frank Savage, and founding Bloombrg partner Thomas Secunda.

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They extract the lumps that yield 165, 000 barrels of liquid fuels a day, from high-octane airplane petrol to superclean diesel for cars, at Sasol's big Secunda plant, 80 kms southeast of Johannesburg.

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