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SBI has been very quiet about its plans for a start-up of biodiesel production but at current lower crude palm oil prices the decision cannot be far away. An oil price anywhere close to $US100 should also keep biodiesel prices firm. Perhaps the AGM (November 7 in Perth)will bring some good news.

SBI is capitalised at $6.5m and has cash of $5.4m. The spike in Palm oil prices has stimulated the company's long term plans to ensure supply through its own plantations but an early return to profitable production will have a positive impact on the share price (see ARW today)