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/

I think a win on the lottery might be the only thing at the moment Frampton .

I think you're right there Jimmy.
If the news story is correct it is just about the worse news possible. I always kept clinging to the hope that this plant would be producing by the end of december and that had to work in its favour for any funding issues. Now that appears not be the case, who will give them money when the deadline keeps getting put back and back, will it ever work at all?
However is there any reason to believe this journalists' knowledge is any better than the one saying Toscafield would put up more money at 80p a share?
As always the company leaves shareholders in the dark yet again.
I hadn't realised when I put so much money in this share how much of a gamble it was, I think I might well have ended up better off if I'd put it all into lottery tickets instead!

To any shareholders out there, David77 on ADVFN is collecting a list of small share holders, in case collectively we might wield more power. Email him at stonebanks@ntlworld.com with your name, amount of shares held, and whether you hold certificates or they are in a nominee account, if you're interested.

Is Blair clever enough to use the opportunity. He failed to help British Energy when it was cheap.... Tax payers are now paying the full price for it.

BGY was 3.5p at the time its shareholders were begging the government to help.

Sorry, but I can't see the goverment helping us out of this hole.

Neither can i !!!,if you think Blair gives a s...t ,think again ,
Frampton you may have a point about journalists ,they are looking for a story ,what ever it is .. However i tend to believe that the plant will be delayed and that's why they are in further talks . Do the bank bail them out (again) or as they are saying over on the other side ,try to steal it . You may think i'm an optimist but i'm not sure we have lost all, i'm 50 - 50 ..

I agree Jimmy, the plant being delayed seems the most likely reason for more funds being needed, just clutching at straws here. I hope you are right to be optimistic, I don't know what to believe. I'm trying to get used to the idea I have lost everything, then if we do get anything back, however small, it will seem like a bonus!

What happened to BFC? Is it suspended?

No it fell over

LOL jimmy!

I hope I was wrong in post 658, that there was more chance of getting something back from LGB than BFC....

Lets hope you were ,that looks dead and buried ..

Ah well, it's only money!

I didn't know you were in that too Frampton , if you are,, let's hope for a good outcome from BFC .

I had a small gamble on it - at least I was aware that was a gamble. I thought I had invested in BFC, how wrong can you be?

Funny i was looking at a shares mag from summer,, blue sky shares ,,BFC was 180 with a broker note as dirt cheap !! ,,i'm usually impatient ,but held on with these .

The good thing about holding BFC is it means I'm hardly noticing the loss on LGB - I stand to loose 8x more on this share.

- Rumour of the day: BIOFUELS (followers hear trading in the shares is set to resume shortly as discussions with BARCLAYS, which is tipped to provide a 70 mln stg facility, near conclusion)

Frampton ,,this was on the MoneyAm traders thread ,, also i read the same last night over on the other side ...

Just found this as well..


as The Times December 02, 2005

Rumour of the day



Followers of Biofuels, the biodiesel producer suspended last month at 145p pending refinancing talks, hear trading in the shares is set to resume shortly as discussions with Barclays, which is tipped to provide a 70 million facility, near conclusion. The fact that Biofuels has avoided issuing fresh equity could trigger a short squeeze among bears, who will be forced to buy stock to cover their positions.

http://business.timesonline.co.uk/article/0,,8211-1900239,00.html

Or
Today's Independent

Finally, Biofuels was said to be about to return from suspensions after securing new funding. The biodiesel group is believe to have won the backing of Royal Bank of Scotland and it may see its shares re-listed as soon as today, according to market whispers.

Last month, Biofuels was suspended at 145.5p as the company went away to try and win fresh cash. At the time it warned that the future viability of the company was dependent on it being successful.

http://news.independent.co.uk/business/analysis_and_features/article330711.ece

Thanks for the info Jimmy, I hope if it is going to relist shortly this means the rumour that it won't be working 'till spring is rubbish, otherwise it's gonna tank!

Better than bankrupt Frampton ..