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GEM BioFuels

  • BY: Andrew Hore |
  • POSTED: 12/08/2011 |

Jatropha plantations developer GEM BioFuels is still looking for cash.

There was £8,000 in the bank at the end of 2010 and more cash is needed for the company’s expansion plan. There was a cash outflow of £403,000 in 2010.

At 3.62p a share, Madagascar-focused GEM is valued at £1.28m.

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