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 I know less that you, but could Barclay want to increase their "say" at the negotiating table? - possily so they don't come out with egg-on . . . OR, so the d4e is more favourable to them. Presumably any other Interested Party will have paid a lot more for their shares, but it's "number" that count, not what u paid.
+It is possible Barclay is Bonkers, but I suspect not. Do you know which institution has the greatest share holding? Morgan Stan held 13% and USB nearly 7% (July 2006) - in May 2006 BFC raised nearly 8m at 1.80 - ouch! if that was private cash - but Banks use "our" money don't they?
YET - Doesn't this business still have "value"? - it was destined to be a scorcher not long ago - that is until some politician realised it wouldn't serve their own narrow interest . . . . oh dear.
Yet I read that Palm-Oil production (as a bio-fuel) is ruining the far east - the susidy is encouraging wholesale destruction of rain-forest (yes the same rain forest that absorbs CO2), because it is highly profitable. When will politicians stop interfering?

(Incidently I subscribe to the view that Global Warming is due to the Sun's influence and that pollution should be stopped because it is wrong and we cannot know the long-tern effects, similarly I suspect we should stop destruction of land-masses even if we have to pay locals).
To stop the fuel madness, let everyone have the right to four long-haul flights/year and ten short-haul.....the numbers can be carried-over for ten years.....then reduce the number pa by 10% every other year. In time we will be able to manage on just one flight pa, or we can trade the "ration" for whatever it is valued at....It seems bonkers to me, burning fuel getting to the airport, burning fuel going on holiday and then coming back having been bitten by bugs, suffered food poisoning and late-life skin cancer - when you can have a more-relaxed break on the beach at Cleethorpes, or Bognor (etc). What's the point in encouraging people to save energy with funny light-bulbs if they burn 20,000miles worth, flying to Morocco?

I don't hold this stock - wow-ee!

BFC produces bio diesel by recycling veg oil (i think) and thus not from either new palm oil nor jatophra.

Does the biz have any value? ..... well DOO had a look at Christmas 2006 (or was it 2005?) and walked away very quickly ...... any value will be realisable at fire-sale price when the receiver moves in or if D4E goes through.

personally, i thought Barclays Investements (or whatever) were either nuts or knew something significant which no one else did ..... imo, the former applies! ...... i was originally short of these at about 28p but closed out my profit a couple of months back .... tried to re-do a few weeks ago, but no lenders of stock

hangon- hear what you say, but after yet again a cold rainy day in cleethorpes/bognor you will have to get tumbledryer out to dry your clothes and need to crank up the central heating to get warm again.....(heard once that cows/pigs are either methane farthers or hydrogen farthers....also heard that if there is a way to collect all the methane produced by those animals then crude oil demand globally can be halved- now throw into the equasion that Stanelco can produce biodegradable bags for that task then everybody happy again. Mind you if Stanelco can RF seal those bags then at last we will see "pigs can fly"

so then ...... sp/market has finally reawoken to the dire straits facing this company ..... i am still utterly puzzled as to why sp stayed so relatively strong and stable for the whole of May.

Someone selling blocks of 50,000 through the book, tried to join them but the stock is 'unborrowable'.

tried to do that when they were up at 18 about a month ago!
are you short of anything else PT?

Nope Cynic, mainly FX at the moment. Keeping a close eye on SOLA though ;)

snap .... have no position there at all at the moment

You guys need a DMA CFd account by the sound of it. ;-)))

i do, but you still need someone who is prepared to lend stock

Al

Same as Cynic, 'unborrowable' through IG CFDs. Should have got in a lot earlier :(

PT .... you would have had to take a position about 6 weeks ago ..... confess i chickened out eventually and did not maximise my profit

Not so cynic. With DMA you stick it in the order book or simply take out however many you need to sell on the buy side.

I use GNI

enlighten me ..... what is DMA other than daily moving average? ...... have you tried and succeeded with BFC?

Al

Tried exactly just that this morning through the order book - no joy. Seems GNI have access to BFC stock whereas IG do not.

DMA = Direct Market Access (through the order book)

Direct Market Access. You stick your own orders through the book. BFC is an AMSM stock which, like SETSmm, allows you to be your own MM. You buy on the bid and sell on the offer sides.

I'd suggest you check it out. ;-))

cynic / pth

GNI CFD info

Al

Probably the only difference between GNI and IG as far as BFC is concerned is the former's ability to offer a shorting opportunity today or recently. Out of interest did you try and take out a short today?

pth - not tried today, but had a buy order sitting for some time earlier. No problem.

Update - couldn't put sell order directly into book. Am not going to hit bid in attempt to short as won't throw money away! ;-))

PS - that's a new one on me. Can't short with direct access. Hmmm.