for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

Greek.

Get your son, or one of his mates, to formulate a quote and send it in. Can't do any harm and might do some good, for both SEO and your son.

First impressions do count, which is why I was disappointed with the individually wrapped Stanelco pens given away at the AGM.

The wrapping was polythene, not Starpol,
- and the pen does not work!

Tony

Cheers,Tony

I may just do that.

Tony,

Was the pen also plastic?????

Garyble - no, not plastic but made of metal.

And NO, it has not rusted - YET !!

To bring the discussion back to the start - the pen gives the Website address !

Al,

"Even so, thats probably all it will ever get used for!!"

The simplest ideas are usually the best. And according to Jeremy Clarkson (in "The World According to . . ."), all the billionaires he knows are in packaging, such as the Rausings who are apparently responsible for TetraPak.

So it must be true.

Dunno if this will make a ha'porth of difference to SEO. I haven't bought yet, still content to sit on the sidelines and watch.

All billionaires are in packaging because THEY HAVE MADE A PACKET.
Boom Boom

You should sell that one to the Christmas Cracker people, Tony.

Actually that one witticism has done more to convince me that this SEO thing is one big ramp than anything else I've read :o)

I may still buy, though, one day. Maybe I'll write to Clarkson and ask him what he thinks.

I reckon Clarkson would say something like "It's cheap, ugly, environmentaly friendly.......... Wheres the fun in that".....

Would be nice to get a small piece of the action. Just 1 months, and 3 months figures, with comparison to same periods last year. Amazing and note, these figures are in Billions.

Wal-marts April sales.

BENTONVILLE, Ark., May 4 /PRNewswire-FirstCall/ -- Wal-Mart Stores, Inc. (NYSE: WMT) reported net sales for the 4-week and 13-week periods ending April 28, 2006, and April 29, 2005, respectively as follows (dollars in billions):

4 Weeks Ended 13 Weeks Ended
Percent Percent
4-28-2006 4-29-2005 Change 4-28-2006 4-29-2005 Change
Wal-Mart Stores $16.864 $14.829 13.7% $53.468 $48.646 9.9%
SAM'S CLUB 3.122 2.943 6.1% 9.943 9.329 6.6%
International 5.885 4.530 29.9% 18.113 14.671 23.5%
Total Company $25.871 $22.302 16.0% $81.524 $72.646 12.2%

16.864 Billion $. sales in 1 month.

05/05/06 18:52 125.0 500,000 L 0.0 0.0 ? 0 0

Weh Hay!!!! half a mil at 125p..........I know just a typo, but nice to dream!

garyble: I think the error is in the date - should be 06/06/07! Well, could happen - cap. of 1 billion on back of contract with WM suppliers representing only 0.05% of their sales. Not that much really.

Eric

I remember back in October I was playing devil's advocate with the SEO sp when it hit its support level around 12.5p. The cap. of 110m appeared justified by the Greenseal sales projections with some allowance for Starpol products. Its much more difficult to justify that cap. now given that realism has hit the Greenseal forecasts. On the other hand, revenue stream potential for Starpol products and micro plants is becoming much more promising. Once the news flow starts coming through the market will put a new valuation on the share. I suspect we are still at a strong support level whilst projections are likely to justify not only the present cap. but several times that amount. May not be far away, oh ye with the patience of Job.

Eric

I think your on the money eric.
I'm even more bullish now that TB from RHPS seems to have moved to a hold position..... shame it was'nt a sell.
As in the past when i've stuck firm in my beliefs in a share previously tipped by the rag and then dumped, i've done rather ok. Oxus gold, Northern pet, SEO previously spring to mind...
Just hope the missus doesnt want a new car this year........

Eric,

Don't we know it all too well by now!

Revenue from Starpol seems to be the most likely prospect on the horizon. Not sure of the scope, but an MMP would take several months to commission by my reconning.

garyble
At the AGM, when asked, they said a plant can be constructed, equipped and up and running within 6 months. As they hope to use JV partners money to finance it there should be no cash drain. Presumably the Royalties and share of JV profits will then flow quarterly thereafter (like Greenseal) - 9 months after the "off"?
And any purchase of material through Biotec would add to revenue and profits.

Interesting aspect,they want the Starpol supply agreements at a price fixed to be always 10% below the price of petro based equivalent products. Thus locking in to gain from all future rises in the oil price and economies of scale. It is only the potato futures market that can work against!
This may not be so good for SEO if dreams and hopes with Oil Exploration companies come true and they can produce so much as to cause an oil price crash!
Better get into CHP to balance the risk, folks! LOL

TonyR,

Hope SEO are not being too optimistic again. Only going from my own experience on projects. I'm currently 3 months into a small project (~2.5m) to install a relatively simple system to produce 12,000 tonnes pa of a granular product. We currently out-source the manufacture of the final product. The plan is to commission year end.

Although the process is small in comparison with the other products manufactured on site, and the general design and equipment is already set, dove-tailing the new process into the existing takes time and considerable effort to ensure inputs and outputs are satisfactory and in synch with existing, including enhancements to raw materials and final product storage.

The process of tailoring the MMPs to each supplier will have to be repeated, then the equipment delivery lead-times and all the other hurdles to overcome up to successful commissioning.

All pure guess as I have no idea of the size or complexity of the MMP kit. But from performance to date, a rule of thumb would be to apply a factor of 2 to SEO timescales.

I believe that the key thing from SEO's sp viewpoint is the actual order(s). OK, factor in a year rather than 6 months for commissioning. Nevertheless, the revenue can then be projected firmly and that is what is missing at the moment. Presumably, also, if it is Perseco first, then we are talking about multiple installations.

EWRobson - 05 May 2006 16:28 - 16301 of 16307
garyble: I think the error is in the date - should be 06/06/07! Well, could happen - cap. of 1 billion on back of contract with WM suppliers representing only 0.05% of their sales. Not that much really.

Eric


Given the market cap of 1 billion in June 2007, what will be the sp then?

EWR,

Looking forward to it in any event. If SEO have demonstrated that the technology works in a commercial environment and the savings are there, then its simply a matter of time.