BGC bridge global capital management limited
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jatropha oil

  1. hawleybeach
    752 Posts.
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    16/10/07
    11:23
    Post #: 2898248
    Well someone read the latest announcement, because NFL's share price jumped up a couple of cents very quickly.

    NFL have entered into a contract with GEM Biofuels PLC to by the start of 2009 supply 2.5% of Singapore's and by 2013 supply 25% of Singapore's Vegetable Oil requirements at a fixed price of $US500 per Tonne.

    The long term benefit to the company could be additional earnings equivalent to an extra 20* cents per share by 2013.


    *Based on my rough calculations of Palm Oil Kernal at $US900 per Tonne, 600000 TPA, 340 million shares
    BGC Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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