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).

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

If yoo draw a line straight up its right on the trend line so looks like Monday is all important..;O)

Doubt it will stay in this channel Ms Barefoot, retracement to 245p-250p more likely, but as you say Monday will decide. Will post some TA tomorrow.

pth

Strange...according to advfn charts its the rsi is on 80....

Depends on the time period I guess :)

Ms Barefoot, RSI on Sharescope 70 not 80. Interesting day on Monday methinks, SP sitting on the bottom of this steep channel and RSI right on support, still room for a further move upwards, but I think a fall back to rising support at 245p-250p is probably more likely. Watch those support levels :)

pth

notwithstanding that the underlying market is still (very) strong, i too think that DOO will drift back ....... i accept that there is some wishful thinking, insofar as i took my profit at 280 with a view to buying back (probably) on weakness ..... however, DOO has had an exceptionally strong run, but now that the important JV news is out, i do not perceive anything new on the immediate horizon to support the current level ...... consolidation or retrenchment is likely