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).

well cynic this should help ensure that small trades don't have a disproportionate effect on the S.P anymore.

I have no idea about graphs but that doesnt look great! - cynic you still in?

Volumes low, mm trying to dissauade sellers as got too much stock? Could be quick bounce opportunity but risky at present

yes GD .... and rather regretting it at the moment! ...... no obvious reason why sp should bounce significantly, albeit there is no obvious reason why it should be falling so badly either

new 3 year chart below ..... there ought to be some reasonable support at this level ..... certainly today's fall of 10p looks ridiculous on the infinitessimal volume (just 55,000 at 14:50) ....... perhaps buy if you fancy a reasonable gamble.

There's no underlying prbolems with the business though - if i didnt already have a fair amount in at considerably higher prices i would certainly buy.
I think we need some updates soon. Post when / if you sell cynic. Thinking that maybe GTL or ARG can re-coup my losses but still believe in DOO.

Or maybe some bad news coming out of the bag...like BFC???

if that were so, would expect much higher volume .... still only 63,000 traded all day ...... but somewhat disturbing nevertheless

Going down further to 152p now...looks like it is heading for a steep downtrend from the chart.

and still just 91500 traded ...... all very odd though i don't like its feel at all

Dump D1 and hop on SMR, theyre unstoppable.

GD .... SWR far far too small for me, but thanks ....... have now dumped 2/3 of DOO for though no obvious reason for headlong fall, the market generally has these things right.

Don't worry, cynic, I think DOO will go lower tomorrow.

think you may well be right ....... may even get rid of the rump and keep watch

am now out completely ..... chart is truly horrid and below its low hit 3 years back ..... rpi shows heavily oversold, but sadly cannot but believe something is badly wrong ..... sp has now fallen continuously for last week or so

cynic, I think it is because of the drop in crude oil resulting in the drop in sp.

more to it than that I fear ...... drop has been precipitous

DOO dropped to 132p today and recovered to 142p now.

Rumour on advfn that there are 2 sellers who need the money urgently and selling at any price...one being an institution....supposedly now cleared so there could be a bounce soon...fingers crossed!!!! also a guy posted the other day who said he works for a finance house...he said he expects a major oil company to join up with Doo in the not too distant future...said if hes wrong he will never trade again...all rumour but yoo never know.......;0)

also dont think there is anything wrong.....they updated market yesterday to say they had completed on the new site.....

the 2 sells together supposedly added up to 1.5 mill.....