Hi All, here is the reply from the big man himself. looks...

Hi All, here is the reply from the big man himself. looks promising, I look forward to the end of August. Fantastic to see transparency and that management takes the time out to reply.


Hi Tim,
Thanks for your e-mail of 23Aug 2008.
Rightly pointed, the company has not had any thing to report due to factors beyond our control. However, from documents available in the public domain, for the first time (lately in almost 15 months) biodiesel prices are beginning to keep in line with crude barrel prices, thru the Nymex Heating Oil prices.
Feedstock prices have also in the past 30 days shown sharp falls of some 40% since peak prices in March 2008.
We need to file our Form4E on or before 31st August 2008 and we are hoping to use this opportunity to inform the market of ongoing developments.
After releasing this document, I will attempt to answer your queries in better detail.
Thank You.
Regards
CRS Paragash