BGC bridge global capital management limited

Hawley,Probably doesn't help that palm oil prices yesterday hit...

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    Hawley,

    Probably doesn't help that palm oil prices yesterday hit their highest level in about 6 months.

    Fingers crossed that NFL don't need to raise additional funds from the market any time soon, if they do then watch the share price breach 10 cents. Having said that they are still well cashed up.

    Forgetting sentiment, NFL have been hurt by delays/problems with the Darwin plant, delays to the completion of their Singapore plant, high feedstock prices, rising Aussie dollar, shelving of their Houston plant, boardroom politics, lack of government support for the industry and a relentless seller of shares. Whilst the positives are their cash at bank and the prospects for their Singapore plant when finally completed.

    This company, and it's shareholders, badly need some positive announcements.
 
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