re: over over sold The problem is the biofuels industry is not...

re: over over sold The problem is the biofuels industry is not the favorite at the moment. people seem to be arguing the food for fuel thing, rising cost of inputs, low price of oil. It is a shame it is down, but as a long term investment should do well, particularily as it is predominately outside australia. The problem to watch is that there is takeover by some equity fund before any potential is realised. surprised it dropped to 90c, let alone 83c.

Im into AAE which is US based with a plant in Beatrice producing biodesil using soy oil (on schedule) and an ethanol plant in swan hill (delayed a little)

Both seem to have a good models based on palm oil or soy and seemingly proven technology.

Hold on and at $1 worth a little more to top up.