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).

don't try to rationalise DOO/SA govnt as a reason to buy ...... jatropha palm takes 7/10 years to reach full maturity i think.

that said, i am very happy with my investment in DOO, albeit that i bought (back in again) at 186 in mid Feb, and anticipate hanging in there for a while yet, though i may make a short term trade in either direction depending on the market

thot first crop after planting was about 3 years, but i stand to be corrected

you may be right, as may i be ..... asparagus are similar - lol!

cynic- just noticed that on the very first post on this thread it said "first harvest within 2 years of planting"

i think asparagus may be 3! ...... somewhere there is also a note about time to full maturity .... that apart, i repeat what i have oft said ..... this palm will grow almost anywhere and is not food stock, so double eco(nomic) advantage over ethanol from maize and/or sugar cane and/or sugar beet

so possibly the SA link is not so silly

as i wrote earlier, it's not silly that SA govnt may want to encourage the planting of jatropha, but it is far-fetched to link that somehow with DOO ...... of colurse it is not impossible that DOO will consider "making" plantations in SA, but that may not fit their game plan, given that there is plenty of room for expansion in both Saudi and India where they are already established

let's face it nobody knows so I guess time will tell. May be BP's weight will come into play as well. (just thinking up loud and not based upon anything concrete)

Excuse me guys ... but are yoo not aware that D1 are in SA....the govt valued D1 South Africa at $200m......:O)

Apparently they have done a detailed study of the company over there and that is what they value it at....

heres a link to the web site though this is not mentioned....someone who has been to SA recently heard it over there...

http://www.d1plc.com/globalZA.php

Anyway...we shall see....if true the company will announce it in due course.....;O)

DOO Seems to have Bob Geldof paying an interest:

http://www.observer.org.sz/main.php?id=36310&section=business

that sounds a very good reason to bail out!

Lol....;O)

thought of perhaps selling these this morning as for fairly obvious reasons sp had gone a bit static ...... however, there is now a sudden flurry of activity though no RNS ..... keep watching

I suppose that this afternoon's rise is due to Goldman Sachs raising it's price target to 350p from 250 and remaining a buyer of the stock.

thanks Pimpernel ..... had not seen that but would go some way to explain

DOO Technical Analysis

I wasn't aware of the broker upgrade when posting the analysis, pleased I didn't say it WILL retrace, but take a breather :)

pth

whoops! didn't mean sell, i meant buy .... lol!!!!
actually, i reckon this is far enough for the moment and have taken my very considerable profit @ 280 ...... i am quite sure i will be back in, but sp really looks to have got a long way ahead of itself and at the very least, needs to consolidate

here's the beastly chart again! ...... i actually banked my profit a couple of days ago, but with a view to buying back in due course ...... according to good friend PT, the key level to watch is whether or rsi falls through 70 .... today's little sp reversal has taken it to exactly that, so keep watching ..... if fall is through that then both PT and I reckon, via diffeerent logic, that the fall i reckon fall could easily be to 240