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/

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

why on earth should Bush give a toss about some twopenny-halfpenny company in UK that is all set for the knakers yard? ....... he will be hard pushed as it is to get or even keep the likes of GTL running ...... different technology too!

What is it that makes BFC goes up today????

Deutsche King of M&A '06
05 February 2007



Biofuels Corporation plc ("the Company")

Deutsche Bank AG has advised the Company that on 25 January 2007 it acquired an
interest in shares so it and the Deutsche Bank AG Group of companies are
interested in 1,485,643 shares representing 3% of the Company's issued share
capital.

5th February 2007




This information is provided by RNS
The company news servic

Can't see why this is up so much today on the above.

change of CEO too i think ... but still see no reason at all for this rise

its down to oil price rise and new green policies....better margins too

maestro - strange as I thought BFC, with all their money worries, were far from linked to crude price.

Best riser today. I smell a rat somewhere. ;-0

From the "UPS" thread ...........

BFC 36.75p +9.50p
Today's big rise, has given a picture to the chart "Inverted Head & Shoulders"

I don't see BFC staying up for long...now 40p...there is no news

Careful, hlyeo98. Volume yesterday 6x 30day avg and today already 4x so the momve is backed by high volume - good sign to be cautious, but must admit she's stalled at time of writing to possibly retest perious support from underneath.

Watching.