To me this currently must be the best value for money Biofuel...

To me this currently must be the best value for money Biofuel Company on the ASX. Consider the following:

65 million shares @8.3 cents = $5.4 million market capitalisation

At the end of the last quarter they still had $6 million in the bank

They have a 100,000TPA Biodiesel Plant sitting ready to go. This could be producing $150 million worth of Biodiesel a year once it starts up.


I know I've said this before, but every other Biodiesel company on the market has gone out to raise more Capital. SBI has more than enough money to start production without even using their RM25 million Credit Standby Arrangements

Of course they are under no pressure to start up the Biodiesel Plant, but once they announce they are going to do that, this company should start flying