HUGE PROSPECT ON D1 OILS

D1 was originally established in 2002 to focus on the development of a portable refinery technology to produce biodiesel for the UK transport industry. During this period, it was concluded that the high cost of rape seed oil, the main feedstock for biodiesel production in Europe, renders its use commercially unattractive. As a result, D1 explored the economics, suitability and yields of a variety of specific energy crops. During 2003, jatropha curcas was identified as its feedstock of choice and the focus turned to securing output from jatropha plantations.

Jatropha was selected as D1's primary energy crop due to it's high productivity, durability and longevity. Jatropha trees can be grown on marginalised land and are durable to the elements. Furthermore, jatropha can grow in areas of minimal rainfall, although it grows better in areas of higher annual rainfall. Jatropha trees produce nuts, which contain oil, for an average of thirty years and generally have their first harvest within two years of planting. Biodiesel refined from jatropha oil complies with EN 14214, the current European standard for biodiesel. Biodiesel meeting EN 14121 specification is an approved blend when mixed with petroleum diesel.

D1 is now commercialising its D1 20 refinery able to produce eight million litres of biodiesel per annum and will utilise jatropha oil as its main feedstock. D1 believes it can maintain low production costs and produce consistent, high volume quality output through sourcing existing feedstock supplies, cultivating new yields of jatropha on existing plantations and setting up D1 20 refineries regionally. D1 is working with highly regarded agronomy and biotechnology research and development facilities in India and South East Asia and is participating in the establishment of nurseries in a variety of locations in the Asia Pacific region. These nurseries will test imported jatropha seeds against indigenous varieties to determine which will grow best under a region's climatic conditions. In addition, D1 has recently acquired the rights to a proprietary growing media which targets the specific nutritional requirements of jatropha.

The global market demand for biodiesel is growing. International energy and environmental policies have helped to create a demand for biodiesel which is estimated to reach at least 10.5 billion litres by 2010 in the European Union alone. Based on current capacity, feedstock availability and positioning in the market, the global production of biodiesel is expected to reach approximately
3 billion litres by 2010, less than one third of the projected demand in the European Union.

D1 Oils aims to become a global, sustainable, low cost producer of biodiesel and supplier of crude vegetable oil used in the production of biodiesel. To reach this objective, D1 will manage its operations regionally, securing plantation rights and establishing refinery operations in each region, thus controlling aspects of the supply chain from seed selection through to the sale of biodiesel to end customers.

To this end, D1 has established four regional operations:
UK (Teesside and London) South Africa (Johannesburg) Asia Pacific (Manila, the Philippines) and India (New Delhi).

Apparently the same article in the FT today recommends the selling of BFC shares.....

TouchBarefoot. BFC is not doing well, nor is GTL yet, hence my reluctance to buy another poor performer. But 6-12 months should see both BFC & GTL produce a good return, imo.
Happy to watch & wait for a little while longer here, but I have been proved wrong before & missed the boat! :o)

lol...sorry Harrycat....someone on iii thought i had purposely missed that bit off...but i dont subscribe to FT so the bit i posted was all i could see....:0)

i have been in and out of BFC since it floated but havent touched it since just before suspension...

Harrycat in my opinion DOO are a strong buy at anything below 200p, you would be lucky to have your initial investment at that low price. Both with BFC and GTL you are probably holding at a loss, if you buy DOO now you will be buying a share, (try and understand it might sound strange), that has the potential of GTL and BFC but is at its relative bottom price to what they and DOO is now..
I did my best to make that understandable.

Sure would not want to compare DOO with BFC for quality .... GTL is, imo, a different kettle of fish from either

I am afraid Beloved has thrown out the Sundays ...... However, ST Business had a longish article on alternative fuels, in which DOO in particular received plenty of mention and attention ..... Worth reading for interest if nothing else

I think, or at least hope, that 190 or thereabouts provides a reasonable support level, so have got a bit greedy and topped up yet again ..... This company ought to be much stronger (imo), but sp currently seems disinclined to move ahead ..... no obvious reason, and certainly the company has been getting at least its fair share of press comment.


Chart below:



Red line = 50 dma
Green line = 200 dma


Some resistance likely as these levels are met.

looks like is dropped below already - but do agree DOO should be higher, great buying opportunity for anyone with un - invested funds at the moment Imo.

is spot on what i think is a support level at about 190

something not quite right about DOO - its so volatile for such a relatively small company, i.e. it can move up twenty % at lunch then finish down 10%.
It needs something to get it moving and back up to 220, but even newsflow has a weak effect on the S.P.

it's for the simple reason that it is so small ..... i.e. relatively small volume can have a disproportionate effect

hi guys....thinking of buying more....did your purchases show as buys or sells...just wondering as its hard to tell whats what....tia...;0)

for what it is worth, i can't spot anywhere my buy of 2500 at 191 half way through this morning, either as a split purchase (possible) or even wrongly allocated

thanx....if it was around 10.40 the trades from 422 to 122 i think it is add up to 2500 at 191........most showing as sells..... ;0)

saw that, but must have mis-added ..... yes; almost certainly my purchase for at the time, the notional spread was 189/195 or similar, but picked up some that were on offer .... the advantage of a good broker

Taken from iii...
http://deadpresident.blogspot.com/index.html
http://marketwatchline.blogspot.com/2006/11/market-watch-corptate-corner.

Looks like yesterdays rns has cleared up production figures. They must expect to be producing 100000 tonnes by early next year and 320000 tonnes by the end of the year....

hefty increase -
good article in shares mag today but the price seems to want to languish at 190

imo, the longer it stays around this level, the stronger the support, and i supsect that once it starts to move upwards, it will do so rapidly ...... an element of wishful thinking in there, i accept, but equally not without its logic

Found this on iii...

D1 Oils goes for growth
Rodney Hobson, 08/11/06 10:47

The biodiesel producer and refiner has been busy planting in Asia and is planning to step up its refining capacity in the UK. The news is timely in the wake of the Stern report on global warming.
By the end of the third quarter on 30 September, D1 Oils managed, or had rights to, 114,313 hectares of jatropha, which produces non-edible oil. This is an increase of 67.5% since the half year end, with most of the new planting in China and Indonesia, and is ahead of internal targets.

Even in the last two weeks of September, when there were no plantings during a holiday period in South East Asia, the planted land still increased by 4.5% as India took up the slack.

D1 manages 5,155 hectares in Southern Africa. Otherwise it has contracts to take oil from joint venture partners and individual farmers.

Jatropha is a small tree that originated in the Caribbean but which is already an important source of non-edible oil in India, where some trains run on it. Its oil will eventually replace the vegetable oils that D1 is buying in for processing.

D1 won its first major UK contract last month to sell 24,000 tonnes of biodiesel, three quarters of the output from its Middlesborough refinery, to independent distributor Petroplus. This output comes mainly from processing soya oil from South America and first deliveries to Petroplus were made on 26 October.

Jatropha will become available in significant quantities from 2008 onwards at considerably lower prices than existing vegetable oil supplies.

The group has 32,000 tonnes of refining capacity operating in Middlesbrough, which it intends to expand to 320,000 tonnes by the end of 2007 and to 420,000 tonnes during 2008.

Part of the expansion will be at a new refining and distribution site on Merseyside.

D1 Oils shares have had an exciting ride since the company floated at 150p on AIM late in 2004, which reflects the exciting prospects but also the risks of investing in a company that ran up losses of 5.1m in the first half of this year.

They soared to 480p in March last year, doubling within days, but are back below 200p, edging up 0.75p to 188.75p by mid-morning.

While D1 has spotted a great commercial opportunity in a market that will grow as mineral oil prices remain high and consumers become more conscious of environmental issues, it is also vulnerable to bigger companies muscling in later. That would, though, make D1 a very attractive takeover target some way down the road.

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