I tried it, but i am not getting further then creating the custom material. But i found this thread on a other forum that is useful too.
Error that the converter gives
SettingsCode:Adding 'model_export\mtl_t6_veh_drone_quad_rotor_mp.gdt'... Converting 'material.gdf'... 'material.gdf' version change (0 -> 79) Converting 'mtl_t6_veh_drone_quad_rotor_blades'... **FATAL** - No techniqueSet specified
Image (see rar for dds)