MBT mission newenergy limited

turnround story in biodiesel, page-3

  1. 2,123 Posts.
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    this is amazing result. Biodiesel company making money from operations. Not just cash in bank; Their sales margin is a cost plus arrangement. This is low risk and low return but profitable. It will be interesting whether post Jatropha feed to plant, they can participate in the spread between noxius weed and Singapore diesel price. Does anybody have a view? Cost plus is safe, profitable but boring.
 
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