Pichmac37, cashflow is not a problem for NFL as the funds they...

Pichmac37, cashflow is not a problem for NFL as the funds they have at the moment will be used to pay for the Singapore plant and for working capital until they start selling refined glycerine. Once they get all three glycerine units operating the cashflow from that will cover their other costs and then some. What I'm curious about is what their cash levels will be like after paying for the Singapore plant.

As for the oil majors, the size and location of NFL's Darwin and Singapore plants actually could make for a good purchase by an oil major looking to diversify and add green credentials. BP in particular are currently setting up large scale plantations of jatropha in India, perhaps once they have secured low cost feedstock supply they will look to buy biodiesel plants. Food for thought there.

http://envirofuel.com.au/2007/07/07/bp-backs-jatropha-as-a-biodiesel-feedstock/