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/

It's not doing much good for D1 's share price. As much as i'd love a take out at 180-200, I also can't see it. I think I might sell the lot soon, I can't take the stress of this share any longer!

Looks like DOO is making a mistake buying up BFC which is highly in debt.

I'm out now. DOO is never going to be able to afford much for BFC, if no other bidders emerge this is going down.

Might be just as well Frampton ,this is a real gamblers stock now,, IMO there is more downside than up here..

I agree its a gamblers stock Jimmy, and it doesn't look like the odds are stacked in the buyers favour. I'm just relieved to have got out with much smaller loss than I thought possible two weeks ago - although still quite substantial as I'd bought so many of these.

Was it only DOO?

I used to think you couldn't hold a worse share than Renewable Energy Holdings but guess what, I've found One. Biofuels. BFC's management seem to come out with a new revelation every day which makes the shares fall ever further and tomorrow they may as well say that they forgot to build the plant the way things are looking for the company and their shares.
I Think D1 Oils are a better bet than BFC and if anyone can tell me otherwise please post it becuase even a bid for Biofuels is 'Timid' or 'Tentative' as the worldclass Management at Biofuels call it,
Maybe some more of those hedging deals with Barclays are on the cards for Biofuels, the last one has worked out well;
I'll let the management decide that, I'm sure they'll do the right thing like they have done so many times recently.
Keep Up The Good Work.

Biofuels shareholders approve increase in co's borrowing limits at EGM
AFX


LONDON (AFX) - Biofuels Corp PLC said a resolution to increase its borrowing limits was approved at an extraordinary general meeting today.





newsdesk@afxnews.com

jc
-----------------------------------------------

More borrowing and so i hear no fixed date for completion, at the EGM they still would'nt commit to a date ..I bet your glad you got out as well Frampton , i wouldn't be surprided to see this dive now.

I legged it out at 95p, left it a bit late.... but hey, better out than in now, its dropping like a stone, and I see not reason for it to stop dropping for the time being.

Very glad to be out of this Jimmy. I sold once the bidder turned out to be DOO because it seemed it would only go down if no other bidder emerged. I am amazed its still as high as it is, in two months time the share holders could well be left with nothing - who wants to take that risk? Even if you were mad enough to want to buy in, why buy now? - I can't see anything making the price rise in the next two months (unless they complete ahead of schedule - no chance judging by past preformance) and I can see alot of reason for it going down.
I still find myself watching it obsessively though - it's like a drug I can't leave alone! However, I don't think I would be in a hurry to buy in even if they manage to pull it off - they still have an enormous amount of debt to sort out.

simon, I left it a bit late as well, because I wasn't around on the day they returned from suspension, I consider myself very lucky that I got 97-107p for them. I'm amazed they didn't tank right from the start.

There it goes now ,lost 8.5p again ,i can't believe people are still buying in this morning. I'm the same ,still watdhing with interest , there is a cure for this addiction ,you have to phone someone called a broker and buy something called a safe stock,then after about 6 months ,you feel a lot better and are able to get on with your life,,never to take huge risks and get shafted again.

LOL jimmy! Know any "safe" stocks then?! Maybe I should stick to FTSE 100 before I gamble it all away....

I bought Carephone CPW ,a few days ago as a hold for next year ,i'm up 10% already ,i think 2006 will be a good year for this one,i'm going to be careful with these aim shares in future.

Funnily enough I was thinking about CPW today, I've made good money from them in the past and I was wondering what the Onetel deal might have donme for them.

yer , take a look at another wonder stock , sarantel , been there done that , cripes

heres a safe one with a superb chart:

http://www.moneyam.com/InvestorsRoom/posts.php?tid=7091#lastread

There are two excellent free resources below, for those who want to get a feel for the ULSD price.

Go to http://www.nymexeurope.co.uk/
Choose Markets -> NWE Gasoil ; Agree to the disclaimer;
You can then choose current session overview [Delayed 2 hours last time I checked] or previous session overview.

On checking, it is $501/t for Jan06 delivery, down almost $14/t, explaining the averse share price movements of both BFC and DOO.

The other method of checking, where you will get more historic ULSD data is the public oil market report of the International Energy Agency.
Go to http://omrpublic.iea.org/. Choose prices then Physical Product Prices by Refining Centre -> Northwest Europe.
This will give a pdf of price graph in $/bl for low-sulphur Diesel delivered to NW Europe. Unfortunately they are only updated monthly by the IEA. To get the figures from the most recent report, go back to the homepage and download the 'Prices' section of the most recent report.
To convert $/bl to $/t simply multiply by 7.5x

The last data here, end of October is $72.02/bl for low-sulfur diesel which equates to $540/t

Hope this helps those of you trying to form a view,

Biofuels Corporation plc (the 'Company')
Issue of new ordinary shares in lieu of fee



On 20 December 2005 the Company allotted 100,000 new ordinary shares
(representing 0.22 per cent of the issued share capital of the Company),
credited as fully paid and ranking pari passu with the existing ordinary shares,
to Collins Stewart Limited as payment in lieu of cash for services provided to
the Company as Nominated Adviser and broker to the Company in relation to
general corporate finance advice given by it to the Company since the Company's
fundraising in March 2005 to March 2006.


Application has today been made to admit these shares to AIM.



20 December 2005




This information is provided by RNS
The company news service from the London Stock Exchange

rochester,
Do you hold BFC?
Any idea where it's heading to?