agm - wonder if they will announce good news, page-4

Without knowing what that announcement is we don't know whether the share price would be 5 cents or 50 cents.

SBI recently announced they had started Biodiesel production and their share price went Down!

I suspect the Risjadson Group would be very keen to see Biodiesel production commence as NFL now has $40 million of their money. I think they would be very unhappy to see further dilution of the share price by the way of issuing new shares.

The important point to note is that it appears that Crude Oil price is heading back up. This is very important as you only really want to start production when prices are rising and not falling.

So we can go back to waiting for an announcement then wait for the Quarterly Commitments Report at the end of January.