Secondary Recommendation

Renova - Renewable auto fuel firm with big growth plans

April 2006

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

In a highly symbolic move, US President George Bush recently acknowledged that America needed to find ways of reducing its reliance on politically unstable oil imports and home grown alternative energy sources are now being given serious credence. One company very much in the right place at the right time is US-based Renova Energy, which produces and markets ethanol, a widely accepted renewable auto fuel sold in America as a cost effective and ecofriendly additive to petrol. Given the immense lobbying power of the refuseniks within the oil industry, critics are understandably sceptical that the US will ever adopt alternative energy sources in a big way. That said, readers may be surprised to learn that the motor industry already c ...

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EnCore Oil - New oil & gas issue has impeccable management pedigree

Griffin Mining - Broker's price target is 85p

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