my opinion of the quar. report was that it was a flat liner, neither positive or negative. the one off sale of the palm oil for 4.8 mill (because it was cheaper to sell than process)won't be there to help the balance sheet on the next report. the greatest disappointment for me was the fact that the company, even at full production of refined glycerine, will only cover their fixed costs and that's only if the glycerine side of things run at full capacity. so there is a possibility that this company will still be leaking money for a while yet. and of course the biggest negative is that it is still uneconomical to produce biodiesel. positives are that NFL will at least be making money and have a plant ready to go into action immediately when the time is right.
my opinion of the quar. report was that it was a flat liner,...
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