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).

Wow! up 45 closing at 325 bid, over double the placing price and very nearly double what I paid the same day.

Is this all just good news, or is someone accumulating prior to making a bid for the whole lot?

The chart is looking very toppy - don't dare look down. How long will it go on like this? Are results due soon?

SD

I think a bid is imminent - It is a STRONG BUY! Enjoy the ride, stockdog. Yippee!

Wish I'd bought more - but then who doesn't. There was never a day to draw breath to accumulate. So I shall just be happy I backed a winner and take what I make from it with good grace.

There was a moment when I nearly switched out of DOO totally into BFC - glad I kept them both.


SD

Interesting article in The Business yesterday

http://thebusinessonline.com/33052/Making_power_plays_on_the_fuel_technology_of_the_future

SD

Further uptrend for DOO...very large potential and demand for this new industry

This morning's RNS may explain the rocket propulsion of this share recently.

SD


RNS Number:8640I
D1 Oils Plc
22 February 2005


22 February 2005

Rolls-Royce funds new D1 refinery


D1 Oils plc ("D1") today announced it has agreed terms with Rolls-Royce to
finance a D1 20 refinery. The new refinery, to be located in Durban, South
Africa, will support D1's activities in South Africa and represents a
fundamental step in establishing the D1 brand and operation in Africa.

The D1 20 refinery is expected to be built and fully operational by third
quarter of 2005. It is able to produce eight million litres of biodiesel per
annum from crude vegetable oil.

Under the offset financing arrangement, Rolls-Royce will provide a US$1million
loan over four years to D1 at preferential rates of interest. D1 believes that
further offset arrangements are an attractive method of expanding its portfolio
of refineries. It is currently estimated that there are several billion dollars
of unfulfilled offset credits worldwide.

D1 Chairman Karl E Watkin MBE said, "This agreement, which we believe will be
the first of many, is a creative way of securing additional non-equity funding
to develop our business worldwide. We are delighted to conclude our first offset
financing deal with Rolls-Royce who is the first major corporation to understand
its benefits."

CEO Philip Wood said, "This is the culmination of more than two years hard work
by the D1 team in partnership with Rolls-Royce. It is a key component of our
plan to commence refining operations in South Africa in 2005 and develop an
indigenous supply of feedstock. The whole project, when on stream, will assist
the South African Government meet its commitment to the Kyoto Protocol."


Enquiries

Philip Wood D1 Oils plc 020 7321 3885
Peter Campbell D1 Oils plc 020 7321 3885
Kevin Byram/ Brunswick 020 7404 5959
James Crampton


Notes to editors:

D1 Oils plc is the owner of technical, marketing, logistical and other
intellectual property related to the establishment, development and harvesting
of jatropha plantations, the extraction of oil from the harvested seed and the
production of bio diesel and other valuable by-products from the vegetable oil.



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

END

This is great news...stockdog...4.20 now.

Glad to know you're still on board hlyeo98. It feels a bit lonely up here!

Can it get any better? I've no idea how long to hold on or should I take the 140% profits now? My holding is too small to top slice - it's sell all or nothing.

The rise has been so astronomical from 180 to 420 in 10 trading days - it reminds me of the final wave in the movie A Perfect Storm - vertical, and then the boat falls back!

All announcements of deals have been text book perfect, but there is still not a bean being crushed. I guess I need to move my rolling stop loss up and bit the bullet when it comes to it.

SD

Stockdog, I feel this is going to be a good investment in the long run, if you think that it may replace petroleum someday. I am also going to invest in BFC as it is starting to show a steep upward curve...up 23p at 209p.

I'm tempted to be with you hlyeo98 but when to top up is the question. I'm holding what I've got for now - you have to be right, they will both look cheap as B2 rises to B5 requirement by Europe by 2012.

Great to see it close on its high for the day again - generally means more positive action tomorrow.

Market cap now at 92 million. Also note only 619k shares traded today out of 21.684m = 2.85% seems quite small amidst all the excitement. Mind you nearly 10 times 20 week average value traded today. May account for such a large price rise, since the MM's must be squeezed for stock with so few in issue and no additional placings planned/needed because of the JV's they've signed. Will they mark it back severely soon to shake a few out to rebuild their stocks? Let'em, I'll buy more.

SD

Looks like we may be heading for a top up opportunity.

SP off 25p today in thin trading - not too many sells, although a couple of top-slicing institutions Allianz and one other RNS'd.

If I sell I'm out - price won't fall enought to make it worth trading in and out. So I'm staying in. But I might double my little holding if the price falls back to where would you say? - 350 offer? Or just wait till it finds support level and then buy on any dips from there.

It would be a little more relaxing if it would establish a good support level over the next couple of weeks - where that might be is yet to be determined. Then at least we could feel we've got to a safe bivouac on the mountainside whilst we consider the next upward lewg of the ascent. End of this week closing price is going to be interesting, I feel.

SD

Extract from AFX News Feed - London Shares closing features:-

Trading update fails to excite D1 Oils 400 down 22-1/2

What do they want? The SP only went up 248p = 142% over the last 2 weeks to yesterday's close of which 92.5 was yesterday's rise alone! A tiny correction today of 25p is hardly "failing to excite" in my ever so 'umble opinion. Who writes this stuff - even dogs wouldn't step in it.

Grrr grrr

SD

Up 15p to 412.5p...I agree, stockdog on buying during weakness.

Evening hlyeo98

Closed pretty much on the day's high, so I don't see the weakness appearing yet.

Alwayss difficult with the first massive rise in a stock, 'cos the chart has no features you can latch onto, like support levels and trends.

If I'd bought enough stock to start with, I could just top slice and take a free ride, but I only bought 50% normal portfolio size, split with BFC, so it doesn't make sense to do that. So I'll just hang on with what I've got until they press the first bean. Be nice to hit a brief spot of weakness to top up though wouldn't it.

SD

500p - no further announcements. Feel a bit dizzy. Don't look down.


Scooby DOOoooooooo!

SD

Very good afternoon, stockdog...are you watching scooby DOO going up? I'm certainly enjoying it.

Ending the week on the high after a 100p daily rise to 505 bid! That's 180 to 510 mid-mid in 13 trading days.

Massive - only crying so little stock held.

193% up overall so far.

How long can it continue before the sun melts its wings.

Pretty thin trading too - only punters, nothing heavy much going through. So are all the institutions sitting on their hands? Got to start realising some of their profits soon, but most should still be locked in till 29th October 2005 a year after float. I might want to be out of here on that day. What's the total free float would you reckon?

When are results due to be announced? Don't think they've said yet. Don't even know the year end.

SD

Dear brave ones.So,you have stayed on for the big ride and wish that you had invested more.I noted the initial surge and could'nt believe that there would be so much speculation in this at such an early stage of development...but DOO has proved to be excellent at their marketing strategy,they even convinced old Rolls to invest....for the pension fund?Or will airplanes run on biofuel in the splendid post Kyoto new world?So,I decided to look at the agricultural side of things and have had a read up about Jatropha Curcas,which they will probably end up using as it already has a history of being farmed for oil in the Cape Verde Islands and in Brazil.The Portuguese found an easy market for the oil to be used in soap-making and as fuel for lamps.The medicinal qualities of the plant have long been known as well as its TOXIC properties...many people die every year around the world from eating the seed s or husks.The milk burns,but can also be used to stop bleedin.The leaves,thorns hairs and seeds are all toxic.However,farming this is not dangerous as long as the workers are aware of the dangers.The method of collecting the nuts has traditionally been simple...you shake the bushes and they fall onto canvas spread underneath.Unlike other nuts,they do not have to be processed rapidly because they store for a long time without going "off".

Jatropha continued:It seems that the oil will be sold as a primary product unlike using rapeseed where the animal feed is often more important to growers than the bi-product,oil.But the advantages of growing a crop using sewage water on arid soils cannot be ignored.Presumably,this waste water would be free in Saudi or will DOO have to buy it?It all seems like a wonderful idea,not only is oil produced but sewage is re-cycled and the desert is kept encircled by a ring of GREEN.This production might even bring new jobs to the areas involved,especially if it is labour rather than machine intensive.Interestingly,the portuguese planted almond trees in their Jatropha plantations.They also used Jatropha to make corrals for pigs,who kept away from the thorns.If the plants take off they can produce a crop in as short a time as 10 months,but normally it is 2 years.In optimum conditions Jaropha Curcas can live upto 100 years.In tropical climates they crop twice,which is unlikely to happen.But why don't the Saudis make bio gas from their sewage as well?The family that Jatropha belongs to is EUPHORBIA.....take out the B and you can see the state you have been in and out of all week!!!!I see amazing possibilities with this buuuuut,they haven't planted in Saudi yet,and the shares are around 5 pounds.If this is'nt a bubble then what is it?It is investing in hope for a green future using a plant that the portuguese call Hell's Potato!!!!What does this say to me?Be careful,this price leap is so crazy that it coild go to 1000p or 1500p who knows.But you deserve every penny that you gain for having the guts to stay in there till you know the time is right to sell.Good Luck,wish I was there with you!!Ethel

Me again,sorry to be a bore but do you know who will be supplying DOO with the industrial oil crushers required for the job.Would like to invest in them Who supplies Biofuels?Only know of American Premix Technologies.Thanks,E.