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Blackrock California Insured Municipal 2008 Term Trust stock quotes

Blackrock California Insured Municipal 2008 Term Trust stock charts

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nfranks - Sun, 31 Dec 06 :

fillyourboot - against my better judgement I've decided to attempt a reasoned, sensible and factual response to your pathetic, childish and inane posts.

In post 34092 you said
"But the 2 real points are that; feedstocks have more than doubled in price in the last 3 years, particularly in the last 12 months and diesel price has bottomed such that BFC are making a gross loss in their production."

take a look at this and before you say anything, yes I know it's 6 month out of date and things have changed but not that much.



Soy oil is currently about 520 euro/tonne (up from graph position)
Rape oil is currently about 650 euro/tonne (about the same position)
Crude oil is currently about $60/barrel

Page 38
Shows soy oil (sojaol) and rape oil (rapsol) both at around 525 euro/tonne in December 2003 (3 years ago).

So in fact soy oil is about the same price and rape oil has gone up by about 25%, NOT the 100%+ (more than doubled) you said.

Page 41
Shows how the crude oil price (erdol) is going up rather than bottoming as you call it. (yes there has been a recent retrace from the high of $78/barrel)

These price fluctuations effect all biofuels producers not just BFC. BFC, D1 Oils and Biopetrol Industries (German company) have all made recent comments about the difficult conditions.

I'll let other posters decide for themselves whether they should actually believe ANYTHING you post and what sort of person you really are and what your true motives behind some of your posts are.


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