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

The annual results staes:

"The intention is to offer a number of manufacturing licences in the US to
produce its range of materials through a micro manufacturing program for supply
to the supermarket and quick service restaurant industry. These licences will
enable converters to ensure a guaranteed supply of biodegradeable material in
order to satisfy the demands of these industries. Each licence will be for a
minimum of 20,000 tonnes and will be operated as joint ventures. This program
will ensure the availability of product in order that the market will be able to
have a rapid uptake of biodegradable materials. Recent negotiations with
manufacturers that are particularly concerned with the future of petroleum based
plastics have shown great interest in vertically integrating resin production in
or beside their plants."

The calculations of the MMP contribution was based on 20,000 tonne pa capacity. Also, there was mention of a 1.5m "Technology Transfer" fee payable upfront....

Glad its your neck and not mine!!!
A tad optimistic, I'd venture, but I do have a rather nice divi going to my broker next week and I have placed a limited buy order on SEO with that, despite everything I said about waiting. I can always change it if I decide to before then, but I am confidant that we are seeing something of a rebirth, but without the silly hype that spoiled it last time.
Alan

With Sainsbury's telling everyone they are starting to pack in bio materials, this will push ASDA into moving faster to do the same, instead of draging there feet as they have done for the last year.
Think we should hear something very soon now, thank you Sainsbury's.

I believe Sainsbury's currently use Innovia Films to supply their biodegradable packaging for their organic produce.

http://www.j-sainsbury.com/index.asp?pageid=249&section=responsibility&subsection=environment&question=6

Telegraph text"....Sainsburys...the makings of an enviromental revolution by extending the use of compostable packaging ,made from maize ,sugar cane or starch,from 15 product lines to 500."Maybe there's hope for us yet with them but who cares ,the move toward biodegradeable packaging is well under way and hopefully a big slice of the action will come to SEO.Quietly confident.

The only thing stopping the signatures on the imminent contracts is FDA approval of Starpol 3000. I thought this was expected some time ago. What's the delay. Anyone got FDA contacts?!

halfamil

My background research says that the FDA approval for Starpol 3000 is considered a formality and is now a maximum of 12 weeks away - possibly only eight.

I don't think that FDA approval is in any way delaying laying ink on contracts.

The oily one

Garyble

From Business Wire, 25 April 2006. On PM1s site and
http://www.advfn.com/p.php?pid=nmona&cb=1157727492&article=15155372&symbol=LSE%3ASEO

"Each MMF will contribute approximately GBP 4 million per annum per 20,000 ton
licence plus a small percentage of end product sale price."


Alan.

Found the 75,000 tonnes you mentioned. Annual report, bottom of page 5 and the RNS http://production.investis.com/seo/regnews/rnsitem?id=1141110164nRNSb0201Z

"I would like to give some indication of our potential market, especially in the US. We are evaluating one tray, for one customer that has a current usage of 1.5 billion units per annum. Each tray weighs approx 50 grams and therefore consumes around 75,000 tonnes of (non-environmentally friendly) plastic a year. It would require between 500 and 600 tray lidders to seal just these trays. We are able to offer a complete solution through the supply chain. "

To supply this "one tray" there would have to be 4 x 20,000ton Royalty Licences at 4m each. Plus 500-600 GS Licences at (?) 30k.
Without the sales Royalty, that totals a minumum of 31,000,000pa.
PE 20 = Share Price of 66p

And that is for only one tray?
Numbers are such fun.
Nice thought for the weekend though :-))

Twenty bagger?????
Behave, Tony. You'll have all the antis crying RAMP.
6.6p is more like it. ;-)
Alan

tony.......... Please for my sanity can we keep the figures out of this equation.
You may be relaxed, but ~I'm trying desperately to keep my feet on the ground.
Have waited over 3 years.

The potential is eye watering.
early retirement material.
happy to hold...........
COME ON PLEEEASE show me the money.
LOL

Oilywag- remember one of SEO directors saying about 3/4 weeks ago that starpol 3000 approval was imminent so as a result your 8-12 weeks from now prediction is pessimistic- but then again we're dealing with SEO here....

No Alan - I got my point in the right place (for once!)

500 GS @ 30,000 = 15,000,000
4 X 20,000ton Royalties = 16,000,000
TOTAL 31,000,000 per single tray

P/E 20 = 620,000,000.
Shares Issued (as Interims) 944,000,000.
Resulting SP 66p

Maybe, just maybe.

I know you did, Tony and I have every confidence in our resident mathmatician.
I was merely pointing out that while many have a grip of the downside (100%, no argument there), very few have any idea of the upside if a big bad yank wants to play ball with SEO.
These unenlightened souls will jump on a 66p mention and spend a fortnight trying to ridicule you. especially if they shorted at 3.66p!!
So just for now, I'll settle for 6.6p, and sit and watch it go from there.
alan

And once a user sees the advantages of Starpol/GS on just one of his trays will he want it on all trays?
How many tray sizes are there?
There must be 20-30 differing sizes - try stacking empty ones to see - each product has its own unique dimensions.

20 x **p = **.**
Reminds me of 2 years ago!!
Where did I put that brochure for a villa high in Le Massif Des Maures?

Phew! Better get down the pub to cool off.

tweenie

"COME ON PLEEEASE show me the money"

Here's a 1p piece and a 10p piece; that's 11p.

Happy?

The oily one

The good old days.

Stanelco canceled there mobile phones contract today.

tnk god fr tht, mbile fns are destrying th inglish language and ability to rite.
enuf said.
:-o

oily- happy to hold....... but don't get the 1p 10p bit????
am I being stupid. ....probably.

With political heavyweights like Al Gore touring the globe prattling on about all things ecological; and Congress breathing down the monolithic ultra conservative WM to massively reduce its wastage and give it a clean "green bill of health there must be both political capital and fiscal savings to be made regarding this biodegradeable/ cost saving issue. Green matters have long left small niche markets and entered mainstream corporate thinking And where there there is the will ,,,ect ect ...Sainsburys have been tinkering and skirting with the issue for years as have Asda and a plethora of American and europeon retailers . lt will happen . And soon . But as to whether SEO will reap any material benefit is quite another matter . ..Having not been involved with this stock since the dizzy heights of a tad shy of 30p my research lags behind many of you on this thread. But can anyone tell me as to their financial position; and what of the massive holding of the age of reason ? ...@+ J

No, tweenie

(Nor do I!?!)

I've invested everything I have in SEO and all I have in my pocket is a 1p and 10p coin!

Or perhaps I just spent too much on flowers and choccies. Shut it, tonyrelaxes!

driver Penny looks great; she hasn't aged a bit since I last saw her!

The oily one