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/

gallick

I just went for massive share options (at 0.1p a piece) after we have retired (like SEO offer) lol

sd

nice one dog-breath.....
bet there is soon going to be a rumor going round that BFC and DOO are in talks for some kind of deal.......hahaha.......(we all know how rumors based on unfounded allegations start)

belisce6 - the day you get close enough to smell my breath, I'll brush my teeth for you. Till then I'm just as happy to go by my chosen name which is stockdog if it's all the same to you.

Anyway, unfounded rumour be blowed - I am fully founded and it's no rumour, but a concrete suggestion that I truly believe would have immense value for us all.

sd

Looking good now. Glad I toped up earlier. 100p here we come.
wilbs

Good to see that knockabout humour is still alive and well!!

In the meantime this has just steamed up another 10%.

rgrds
gk

'The plant remains on track, operational in August 2005 and in full production by the end of September 2005'

Quoted from their website and with an updated picture of progress.

http://www.biofuelscorp.com/project.html

wilbs

Like I said, 100p here we come.
wilbs

wilbs - nice pics

Its good to see the progress on their site. August is only 6 weeks away.
wilbs

Must be some news leaking out somewhere of a poss contract???
wilbs

Could be, but more likely to be Friday short closing in an illiquid stock...

Bush was talking about the need to invest in other sourses of energy, biofuels ..etc

talking about what ?

Edging to 100p. Next week should be interesting.

I live in the Algarve,Portugal where the largest concentration of eucalyptus trees is to be found,in Europe.
For the last three years there has been systematic,criminal activity resulting in the destruction of 5% of Portugal's forests,most damage occuring to the eucalyptus plantations.As Portugal was grossly ill equipped to cut and transport such an enormous quantity of burnt timber,the job was farmed out to the old enemy,Spain....believed to be the brains behind the forest fires.The Spanish contractors bought the timber at below market prices and then sold it on for a tidy profit.
Spanish companies BOUGHT thousands of hectares of burnt Portuguese eucalyptus plantations at absurdly cheap prices and it is said that the next crop of trees which will be cut in about eight years'time ,will be processed by German companies( who will buy the timber directly from Spanish owners)and used to make bio-diesel.The Portuguese stand to lose all of the benefits that their eucalyptus plantations could have brought to them!
This is a conspiracy theory doing the rounds at the moment...but I brought it to your attention in order to offer eucalyptus as an alternative source of bio-diesel to palm,rapeseed etc.

Since Eucalyptus rawstock seems to involve destroying the tree and I imagine the trees take some years to grow to maturity, I do not see how this can compete, as a renewable source of bio-fuel feedstock, with annual crop-bearing sources, like palm oil and jatropha beans.

Keep the trees and attract bees and tourists with them - it will be more profitable for the Portuguese landowners I am sure.

sd

Biofuels surges on talk of refinancing deal

Biofuels Corporation surged 25pc yesterday as dealers speculated that the biodiesel group was negotiating a refinancing package.

The talk was that the company, which is paying about 1m a month in a hedging agreement which overestimated diesel prices, is trying to agree more favourable terms with Barclays bank.

Biofuels shares have crashed since the company revealed on April 29 that prices in Germany - its key market - were lower than expected. Only six weeks earlier it had raised money at 230p a share. Yesterday the stock recovered 19 to 96p.

Traders also gossiped that next week Biofuels will announce the date of its full-year results - thought to be July 14. They speculated that management would not release a date unless it had firmer news on sales contracts. Dealers are hoping it will also confirm that completion of its Teesside plant, which has had delays, now remains on track.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/06/11/cxmktrep11.xml&menuId=242&sSheet=/money/2005/06/11/ixfrontmarkets.html

wilbs

Biofuels Corporation PLC
13 June 2005


Biofuels Corporation plc

Notification of results


Biofuels will announce results for the year ending 31 March 2005 on 14 July
2005.


There will be a presentation to analysts at 10.30 that morning at the offices of
College Hill, 78 Cannon Street, London, EC4N 6HH.


13 June 2005

Enquiries:


College Hill 020 7457 2020
Mark Garraway


wilbs

Dear Stockdog,

thanks very much for your feedback/ideas

regards

Sean Sutcliffe

Short and polite - just.

Don't take it personal , it seems like a standard reply.