"I assume NFL are currently negotiating various supply and offtake agreements. Once the required margins go green in their spreadsheets, deals can be done and tolling production can begin in Singapore - the oil hub of Asia."
Judging on the price assumptions listed in NFL's prospectus the margins should be positive now. I just wished NFL would come out with some details of what they are doing. Other biodiesel producers have supply contracts in place and NFL appears to be sitting on their hands.
BGC Price at posting:
9.1¢ Sentiment: Hold Disclosure: Held
