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/

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?

ahoj, yes i do hold bfc 16000@0.93 where's it heading?? your guess is as good as mine! i am just gonna sit tight and sweat a lot until feb/march then see where it goes, whats your holding?....

This surely drifts lower until they get the plant open ,and that should be Feb ,if it's not then it Tanks and god knows where the price will be .

I will be waiting until this company gets the plant up before I consider it again, how will being riddled in so much dept effect it future performance??

Do you think that opening the plant will have a big inflence on the share price? If you don't , then i can't see any reason for holding BFC , and can any one shed some light on why DOO just lost 15% of their value in the past few days?

If the plant opens ,the SP should take a good spike up, if it's delayed again ,then it really tanks ...I sold, because like many on here i was'nt prepared to gamble anymore..

Rocket Fuels

Can any of you folks tell me what has fuelled the near doubling of the share price from a low of 77.5p mid December to its current 130+p price level?

The only news that I've gleaned from Squaregain is that a resolution has been passed to increase borrowing, and two directors have bought some 24,000 shares at 102.5p

Where else can I find out more about what is happening at the company?

Thanks in anticipation,

LL

Well don't expect anything from the company ,George Bush is more likely to get a phone call from Osama Bin Laden ,than pi's are to get an update ,,i'm out and never to return .. Cheers JB..

LL,
I think about 6 directors have bought shares this month, though none of them have spent a huge amount. It looks to me like the same thing that has happened to BFC over and over again - the share price moves before news is announced - it is obviously a very leaky company - but as Jimmy says, don't hold your breath waiting for the company to tell you anything.

Still a game of Roulette Frampton , Black you win ,Red you lose the lot ....

I think the renewable energy sector is a sector to get into in 2006. BFC still look cheap at 138p.

Looks cheap if they get the plant running ,otherwise it will look bloody expensive.

hlyeo98, it doesn't look cheap if the company go into administration in February, as Jimmy says, it's a game of roulette at the moment. I wouldn't buy until the plant is up and running - even then I doubt I would as I don't trust the management - they have treated shareholders very badly.

The 6 directors are buying into the shares...might be a good indication the plant would be up and running in february.

I was once a huge bull on this share. But since the awful loans they have negotiated with Barclays and the fact that they can't ever seem to get that factory finished, I have turned into a huge bear on this one. LIBOR+7%! I don't think their profits will ever be more than that!

This Co. now belongs to Barclays!

The directors buying was not great, but you wouldnt throw money after bad if you thought the plant would not open....

Still going great guns at the minute though, was that there final word on the opening??? February??

Quite close is that