BGC bridge global capital management limited

Well to put things into perspective, MBT will soon have a...

  1. 752 Posts.
    Well to put things into perspective, MBT will soon have a Glycerine Refining Capacity of 900 Tonnes per month. NFL will have a Glycerine Refining Capacity of 5000 Tonnes per month in Singapore alone.

    But then you have to take into account that there are only about 91 million shares in MBT compared with 342 million in NFL (including those still held in ESCROW)

    MBT are planning to build another 250,000TPA Biodiesel Plant from which you could assume that they could use to refine another 2000 Tonnes of Glycerine a month. NFL have future plans for another couple of Biodiesel Plants which I believe would have 3 x 300,000TPA trains each. I don't know if NFL could actually find another 15,000 Tonnes of Raw Glycerine to refine every month though ...

    In the medium term MBT are a lot further ahead with Jatropha supply than NFL ... which was reflected in MBT's very strong share price during 2007.

    In summary, it is very difficult to compare these companies. To me the biggest difference is that MBT puts out far better announcements. As an example a recent announcement was their "Third Quarterly Business Update & Outlook for Financial Period Ending 30 June 2008" tells shareholders where they are standing.
 
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