I asked Richard Selwood this question about 4 months ago and NFL were looking at, which is only natural they would be. Personally I think that now the EGM is over and all resolutions passed, B&B are in trouble, and NFL commences Bio-Diesel production soon, they will seriously look at buying the other 50% of the Darwin plant. I know I would be. I think the problems with DARWIN can be fixed. It is the same technology as the Singapore plant. The only reason Singapore did not have any issues was because Darwin was the first built and they ironed out all the problems prior to Singapore plant being built.
I think there are very good times ahead for Natural Fuels. They have a completed plant, an excellent Indonesian company as shareholder and partner and if you listen to Richard Selwood on Boardroom Radio it will not be long before they are making Bio-Diesel. Also Richard has told me previously that if NFL were only making Glycerine from crude Glycerine alone at full capacity at todays prices, that alone would be making a net profit for NFL. So imagine if they start making BD at full capacity.
I talk to Richard Selwood on a regular basis,sure he cannot give me any more information than what has already been announced due to insider trading laws, but what I like about Richard and NFL is that he is confident about the future. He tells me all the time not to worry and stop looking at the share price. The only reason I talk to Richard so much is that I have invested about $350,000 in NFL and currently down $250,000 so I have a lot to loose from my investment. Richard does get a little tired of me but he has never once brushed me off. Only for his confidence and the fact he always talks to me is the only reason I have not sold out of NFL and I do remain highly positive of the fact that I will recover my initial investment and hopefully a little more to make up for the interest cost over the last 12 months. The only thing I need to focus on is when I will exit. Huge potential for NFL but I may exit to early and even too late depending on market sentiment at the time.
I asked Richard Selwood this question about 4 months ago and NFL...
Add to My Watchlist
What is My Watchlist?