The main activity of Biofuels is the large scale production and exploitation of biodiesel and glycerine following the construction and commissioning of the initial plant.

Biodiesel is produced from vegetable oils and, as an environmentally friendly product, can make a significant contribution towards reducing green house gases and meeting Kyoto targets.



RNS's from BFC can be viewed at:

http://www.uk-wire.com/cgi-bin/index?search_type=3&words=bfc&go.x=17&go.y=8

http://www.biofuelscorp.com/

Cynic, didn't I told u to keep shorting from 30p a few weeks ago?

i already had my holding by that time (since early Dec) ...... it's about 50% of my norm which i felt was sufficient exposure as it was or even is never impossible that some idiot white knight will gallop onto the scene

This is a disasterous investment from any angle...golly glad I didn't invest at IPO-levels where the future was bright.....yet if there was a great future then the Oilco's would be building plant, not some aim-listed "newby" with little or no previous diesel- experience.

Just goes to show, when something doesn't look right, it usually isn't.

I'm not convinced Biodiesel is dead, but I understood G.Brown had become a tad nit-picky with the VAT/Excise and this made a substantial difference for consumers.
Anyone know this plant...work near and have the inside griff on production woes? It is "almost" unbelievable the plant we see at the start of this thread has been cobbled together by amateurs - - - - so what went wrong? AND, more importantly, why didn't the execs fix it earlier?

not if you're short it ain't!

must start spread betting, this has been on the cards for a long time..especially if the market turns bearish.

Hey, BFC is one of the top winners today...every goat has its day!

of course .... merely a reflection of some short postions being closed to realise cash .... not by me!

Ohhh...you are greedy, cynic.

in this instance, i think merely realistic .... i can see no way of this company surviving, but you keep buying if you disagree

sp is once again tracking its way back to its proper position in life ...... bottom of the dung heap!

hohohoho...serve them right for being so stupid, those directors of BFC.

is it my imagination but are the institutions now bailing out? ...... did i read correctly that Barclays, who are their bankers have now reduced their holding only a short time before BFC need to renew their funding?

Nooo....Barclays has increased their holding to 12%.

The shares are oversold and short term have been rising with volume

DCB on the way then. ;-))

more like JCB on way to bury DC!

BARC it would appear are buying stock of insts and funds who are bailing....

...interesting scenario where the bank who the company has extended their credit and borrowing with is now mopping up stock....will soon be Barclayfuels..??

i may be wrong, but i was under the imprssion that BARC had reduced their holding the other day ..... too idle to check back for the moment

They have increased significantly

that as may be, but do you regard it as any more than the last twitch? .... apart from a misinformed surge about a month back, which last abiout 48 hours, sp would sem to have signally failed to have broken 10 dma .... said dma is now tracking firmly south from 15p, so what further upside from current?