The company has started producing biodiesel and glycerine. Sales from the Darwin plant has commenced.
Trouble is that the Darwin plant is a 50:50 joint venture with BEI. Under accounting rules the Darwin plant is equity accounted therefore cashflow is not recognised by NFL so to get any sort of financial update on this plant we have to wait until the full year results and even then we are likely to only get minimal financial information.
BGC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
