The Indonesian family / company have the feedstock to provide to Natural Fuels so they can finally make Biodeisel. I reckon they will be making BD by the end of the year.
This will be good for Natural Fuels and really is the only way forward because feedstock from other sources is to costly to make BD.
I believe this Indonesian family / company may end up with 49.9% of Natural Fuels at $0.13 cents per share but that really makes them a strategic partner. And yes they have Jatphoia (think thats how you spell it) as well.
I have 1,250,000 shares in NFL and I think the share price will be close to a dollar by end of year providing everyone passes the resolutions at the EGM. I fully support the course Natural Fuels is taking.
Additionally, once all three Glycerine trains are up and working and if NFL was to bring all three plants to full production from Crude Glycerine, they would actually make a profit. That is not the case currently because I think NFL intend to make Bio Diesel by end of year and thus do not want to commit to buying crude glycerine at this time. This is what I think anyway.
I look at NFL and try to work out what I would be doing in the current climate and what is in it for NFL by the Indonesian company buying in. The Indonesian Company is also into Palm Oil, Oil and gas etc so I believe.
Add to My Watchlist
What is My Watchlist?