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/

i most certainly think the company is a load of manure, but just perhaps someone thinks that smell is as of roses

were there is shit there is money have you not hrd that saying.

I suppose that is true, 'where there is shit, there is gold'. I am on 50% profit.

Retested broken support from underneath? Not a bad setup.

having just ready the latest RNS with its strong implication of D4E, i think sp will head sharply south this morning ...... have reconsidered and shall certainly NOT be a buyer this morning!

Biofuels Corporation PLC
28 March 2007



Biofuels Corporation plc
(the 'Company')


Financing update

Further to the announcement of 13 March 2007, the Company has now secured from
its bankers additional funding. As previously notified, and against the
backcloth of a weaker market, additional remediation costs and a lack of clarity
on the timing and extent of any market recovery, the Company estimates a total
funding requirement, of between 16 million and 25 million through to 31
December 2007.

The Company is pleased to re-affirm that its on-demand banking facilities with
Barclays, who remain supportive of the Company, have been rolled over to 30 June
2007. Barclays have agreed to provide additional facilities of:

3.1 million for working capital and fixed capital purposes including
plant remediation; and

0.9 million to cover bank fees payable on 30 June 2007; in addition to

The deferral of payment until 30 June 2007 of the future interest
payments due up to that date, amounting to around 2.0 million.

However, additional funds for working capital and fixed capital purposes are
likely to be required by the company from 31 May 2007 onwards

The Board continues to discuss its short term cash requirements with Barclays
and to thoroughly investigate a range of options to restructure the current debt
in order to secure the Company's longer term future. Amongst these options is
the possibility of a debt for equity swap. Given the company's current debt
levels of circa 95m (excluding the drawdown of the above new facilities) and
its market capitalisation, which is circa 11 million, should any debt for
equity restructuring occur shareholders in the Company would very likely see
their shareholding significantly diluted.

This leaked out over the last few days evidently, bit more rope to hang from

interestingly, one cannot short this stock - i.e. no one will lend stock to allow same ...... shame really, as sp has defied gravity this morning

sp is like Dr Faustus as he is being slowly dragged down to Hell

do hope you guys and dominatrices have exited and even made a profit

I exited with a profit of 30%. Phew!

good lad! .... glad i spotted that rns first thing this morning otherwise would have bought! ... as it is, tried to short but couldn't .... may try again tomorrow

cynic/98 whats the view on this one now can this go up from here.as it got the (FUEL) it needs

;-)))

Big Al - 27 Mar 2007 22:49 - 1069 of 1078
Retested broken support from underneath? Not a bad setup.

to all intents and purposes, it's dead in the water .... that no one will lend stock - i.e.. needed to set up short - tells you plenty .... in other words, overwhelming consensus is that this company and its sp are heading for the great dustbin

if you hold, get out ..... PXC would be a pretty good suggested suppository (in the nicest sense of the word!) ..... almost guranteed profit (imo!!) of at least 2p in the near future

cynic your words neaver fail me as for (PXC) i brought at 6p

so dump ULT and BFC and buy more PXC for reasons you already know

cynic
you brought to late cynic 16.75p what were you thinking but you can make your money back and buy (ULT) they.. (LOL).. when i told them to buy (PXC) at 6p but now there all looking for them pink pigs..........as for (BFC) yes your right

bought too late? ..... yes, arguably so, though that was to close a short at an average of about 27p, so as i said previously, made a very good profit rather a stunning one had i closed at 10/11p a week earlier, or even arguably left the short position running.

as for PXC, i held them for several monhs about a year ago and sold at a modest profit from memory, in May/June ...... have now bought back.

The times reporting a debt For equity swap - this is the end or BFC