BioFuel Energy (BIOF) has amended its credit agreement to allow its subsidiaries full access to the  $20 million working capital facility which now appears to allow them sufficient liquidity to complete the commissioning of the ethanol plants in Wood River and Fairmont. .  Previously, the subsidiaries had access to juts $5 million of the working capital.

Shares are currently up 22% but the stock is still mired in a long downtrend. … Read the rest