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/

Yes cynic, BFC has a cock-up management team and I think they deserve it!

hyleo's call was wrong though perhaps only in its timing ....... is sp just suffering from the current and general malaise in alternative fuel shares or is the money now running out fast? ....... probably both, and put my money on it just before Christmas (should have done same with SEO when it was 3p!)

Cynic this one's dead in the water.

hope you're right! ...... Not sure if i have the balls to short a few more

yes i did though could not get the price i wanted

yes i did though could not get the price i wanted

all bio fuels are dead at the moment....until price of oil starts rising again

even Renova is crashing and thats making a profit...might be worth keeping an eye on if it falls any lower though

have nailed my colours to the mast on this stock for all to see

can't beleive bfc at this price. WHere is Blair?

Have had a passing interest in BFC, primarily because I'm an agriculturalist and this is one of the first of the industrial scale biofuels plants that provides a real alternative to providing food.

The problem is, IMHO, the break even price of the raw material that they need, I.e. oilseed rape (OSR) is around 170/tonne and that is ex the farm before transport costs to their site. In the past year ex-farm OSR has risen from around 130/tonne to currently 173/tonne with farmers receiving an oil bonus of around 10-12/tonne on top. Therefore the cost of the OSR to BFC is probably around 190, which makes the entire job unviable. (It only works in other countries as they get Gov't support, (either direct or indirectly) for their biofuels industry. There is Gov't support in the UK, but no where near enough to make this pay at present raw material costs, against current oil prices.

Also, the total capacity of biofuel plants either built or planned in the uk comes to around 3x the current national crop. Due to crop rotation limits there is no way that the UK can produce enough OSR to supply all these plants. Therefore most will either not be built or will run uneconomically or rely on imported OSR.

Just my thoughts

Blair can't even save his own skin. Look at BFC article in Shares this week.

never mind Shares (haven't read it yet as have been abroad), but no legislation can save a bankrupt company!

good to hear your views cyNic

i'm out...bloody share!

oh! did you get that "must buy" recommendation at 41p wrong too?

now 22/24 ...... not sure what to do when sp hits the psychological 20 ..... prob just set running stop to see if sp continues to drop (it prob will)




red = 25 dma

Hopefully D1 can snap up the plant when Barclays liquidate BFC'sassets and auction the plant.

Hope BFC falls a long long long way before then ..... sorry you holders!

oil is above $55. Bush will push to help Biofuel investment...

I doubt he'll send any money to the U.K. ahoj - He's more involved in US operations seeing as he is the president and probably couldnt care less what BFC is doing in the UK.
So dont get too optimisitc