Hotchina,
The following is taken from NFL's convertible bond prospectus issued on 10/4/07:
"NFAL has sales agreements in place for 114 million litres of biodiesel per annum which represents up
to 82 per cent. of its future annual production from the Darwin facility. Sales of biodiesel commenced in
March with the first deliveries of specification-quality biodiesel (Australian Biodiesel Act, 2003), being
delivered direct to Ausfuel road trains via the recently installed inline blending facility at the adjacent Vopak
Fuel Terminal. Ausfuel, NFAL's Northern Territory distributor, has now started accepting biodiesel.
Shipments of B100 biodiesel have been delivered to ConAgra as per their offtake agreement with NFAL.
NFAL currently has in excess of 2.0 million litres of specification-quality biodiesel in storage ready
for distribution. New South Wales distributor Enviro Oil, are currently awaiting shipments to Port Botany for
storage and distribution at the Vopak terminal where NFAL has secured a long term storage facility. The
Darwin facility, which has an annual glycerine production capacity of 12,250 tonnes, has sold multiple
shipments of glycerine as the plant continues to consistently produce high quality glycerine to pharmaceutical
grade."
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