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/

Framton exactly , if they had kept us informed i would have held after suspension ,i hate to admit it but i'm pissed at this one.. A valuable lesson learned though..

Looks like black you win.

Excellent news! ...time to get into BFC now.


UK smallcap opening - Biofuels up on confirmation that timetable is on track
AFX


LONDON (AFX) - Biofuels Corporation climbed 8-1/2 pence to 134 following confirmation that the timetable set out in Dec 2005 for the commencement of production of biodiesel by the end of February 2006 remains on track.

Biofuels confirmed that the commodity, foreign exchange and interest rate hedges referred to in the Dec 2 2005 announcement have been closed at the facility limit of 37.9 mln.

This means that the total facilities available to the company are 92.9 mln stg, all on an on-demand basis and sufficient to see the company through to full production.

Hi Jimmy,
I'm pretty p*ssed off about it myself, if I'd have held i'd be in profit now instead of having a huge loss, and if I'd added I could be on a big profit, but I'm not sure I could have taken the stress and worry for two months. We did what seemed appropriate at the time - it could have gone the other way and shareholders would be left with nothing, that was always a real possibility, don't forget that. If they'd have kept us properly informed right from the start, things might have been different, and the share price might not have been so volatile.
The lesson I've learned is don't hold shares in companys where you are not happy with the management - if I'd sold the moment I started distrusting them, I would have got out with a sizeable profit. Instead I kept thinking how could they possibly balls up something that was a sure fire winner, even if I don't trust them.
You live and learn....

The second lesson I learned - don't go to heavily into any one share how ever good you believe the prospects to be!

Have you been tempted to buy back in short term ??

No jimmy, I haven't got any spare cash, but even if I did, I still don't trust them! Maybe once the plant is finally finished they might be worth a long term punt, although I'm not happy about the amount of debt they've got. it's probably best if I don't bother - they'd only leave a bad taste in my mouth!

it is time to get back in now since the prospects are good as Bush gave the speech yesterday that we should look into alternative fuels

Buy MNE, real upside long term, tech with real solid established company's eg veritas wind turbines! have a look

More upside today...175p now

Rocketfuels. We've had lift off, looks like we are now cruising into the stratosphere.

I picked up a small few at 137p, rather please I did. Be nice if this settles down a tad though (I like up, dont get me wrong, but i would like to keep my profits this time)

Simon, Well done for buying back into them. I couldn't face it myself, you never know when they might drop a bomb shell and it goes all the way back down again!

That is my fear...

Hell of a ride though...

these shares have taken a battering recently how long will this last... this is hellish for me.... any coments

I think BFC will shoot like a rocket next week

Hope you get news that the plant is ready to roll before the end of Feb ,if you do the sp will rocket ,if there is another delay ,your in trouble ..This is still a 50/50 gamble.

jimmy b, think the plant will be ready by end of feb.... Only because the directors have bought a lot of shares... do you think this is a good indication?

No, I have not heard of anything on the grapevine yet, still a big gamble if they fail to open their plant.

http://www.lemminginvestor.com/Ethonalboom170206.html

http://www.lemminginvestor.com/NewsHubs.html