sp reacting to to RNS confirming funding available to develop their palm oil concession in Liberia.

http://www.britishbulls.com/StockPage.asp?CompanyTicker=PAL&MarketTicker=Consumer%20Goods&TYP=S

Some big late trades yesterday now showing

Not in this at the moment having banked my profits....

Someone as paid 30,450 for 140,000 shares @ 21.75

http://www.epoil.co.uk/EPOPresentation030910.pdf

On the move up this morning

Oil has been shooting up....so palm oil follows...

485,000 buy after the close

tipped in T1PS today.

Summary paragraph as follows:-


'Brokers forecast their cashflows on the basis of a price of $750 a tonne for the oil. This is, as it happens, below the current market price and I do expect that price to increase materially during the current decade. But even on these low price models, the company should (via its 50% share of the JV) be generating at least GBP12 million free cashflow from 2016 onwards with that number increasing at a rate of 20% per annum as new trees come onstream. The sensitivity to a higher palm oil price is pretty massive so there is real upside in this regard.
So what is the end game? The company could, like other plantation companies, simply use its surplus cashflow to pay dividends. My guess is that Siva will seek to gain control and take its turn via a trade sale, but that is a way off. The question is what is EPO worth? Using the fairly conservative pricing assumptions, assuming all warrants and options are exercised then I arrive at a number of 45p per share. The house broker's model is 35-53p per share. However, I am not utterly convinced that Liberia will remain the happy multi-party democracy Hilary Clinton says that it will and as such my inclination is to apply a significant risk weighting to the stock. Having risen from my 12.5p tip through the 15p limit buy price, I currently rate this a hold for those already invested. However, considering the strong potential upside still available, for those not already in who accept the risk of investing in Liberia, I am happy to rate the shares a buy.'

Investors Chronicle had a short term target of 35p this week, can someone copy & paste it on here

http://www.themalaysianinsider.com/business/article/palm-oil-may-top-rm3300-on-weather-concerns/

look's like punter's are switching from NBPO down 2% into PAL. Maybe the weather forecast is better were we are ? read link above.

The only problem with this is that it's not producing much....3 years before it does....a lot of planting going on....so it is essential to monitor the price of crude oil and palm oil....in a downturn : this would drop as well by perhaps a large percentage....

Lot's of sell's of NBPO

By Claire Leow
Nov. 8 (Bloomberg) -- Palm oil climbed to the highest level
in more than two years, extending a 10-week rally, the longest
since June 2007.
The January-delivery contract on the Malaysia Derivatives
Exchange gained as much as 3.7 percent to 3,308 ringgit ($1,071)
a metric ton, the highest level in intraday trading since July
21, 2008.

Up to 22 - 23 offer this morning

PAL presenting this week in London.

Free City Seminar: Meet 4 CEOs live PLUS Tom Winnifrith on Silver
Wednesday 17th November from 6pm

Speakers include:
Tom Winnifrith, CEO of Rivington Street Holdings plc and Senior Fund Manager of the SF t1ps Smaller Companies Gold Fund
Pat Mahony, Director at Belmore Resources
Michael Frayne, Chairman of Equatorial Palm Oil
Dominic Wheatley, CEO of SocialGO plc
Rod Webster, CEO of Weatherly International plc

Complimentary drinks will follow after the event.
Places are strictly limited so to book a seat, please e-mail despina.dalopoulou@t1ps.com with your name, e-mail address and phone number. Or for more information, click here.

From NBPO report today.

World Crude Palm Oil ("CPO") prices have traded in a range between approximately USD 760 and USD 920/tonne for the first nine months of 2010 but have subsequently risen to current levels of approximately USD 1070/tonne.

http://www.prweek.com/uk/news/1043286/Liberian-palm-oil-producer-hands-brief-Pelham-Bell-Pottinger/

http://moneyam.uk-wire.com/cgi-bin/articles

/201012091828197128X.html

Equatorial Palm Oil

Legally Binding Joint-Venture signed with BioPalm Energy