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

wd,
million dollar question (pardon the pun). Costs have risen, though we know not by how much, so the answer is that other than the board, no-one really knows, though a few on here can probably make a very informed guess.

butane,
its not hard is it? He believes in tooth fairies!!

Alan

so.. to paraphrase a song....the only way is up..
:-)

wished the SEO board had a bit more sympathy with its investors. They do not seem to be giving a damn about us whilst leaving us TOTALLY in the dark on just about everything.......

Next AGM could be be very very fiery as they will have no option to come up with some propoer answers other then "everybody is happy"

I'd be happy if there were a next AGM - doesn't look certain.

oblomov- thats just depressing.
guessing (as always) but lots of AT trades going through , are shorters closeing positions after reaching their respective targets. Anyone?

Well the Sp has spent the day up and down like a tarts drawers, so I guess no-one knows WTF is going on.
Now would be a good time for an RNS, Mr Wagner.

alan.
if there is one, it'll only promise more jam tomorrow.
where are those contracts!!!!!!!!!!!!!!!!!!!!!!!!

I think we are all bloody mad on this thread including me I topped up yesterday say no more!!!!!!
When I said 150p with in two years I meant 1.50 not .015 still a few more months to go before you can all shoot me.

If our stockpicking is anything to go by, we'll miss.
;-)

There is an RNS from SEO trying to clarify the Sphere press statement

Perhaps I'm tired, but, still lost!!!!

Statement re. Press Comment

RNS Number:8711J
Stanelco PLC
03 October 2006


Stanelco Response to SPhere Press Release


The board of Stanelco plc ("Stanelco") wishes to clarify statements made in a
press release by SPhere S.A. ("SPhere") yesterday concerning Stanelco and its
joint venture subsidiary Biotec Holding GmbH ("Biotec")


Stanelco believes that SPhere made the announcement to allay concerns that
Stanelco would be transferring Biotec's intellectual property to third parties
in the United States ("US"). As previously announced, Stanelco intends both to
optimise the Biotec facility in Germany and to proceed with the exploitation of
Biotec's technology in the US.


Stanelco's announcements of 17th August and 8th September do not refer to
licensing in the US and Stanelco has several mechanisms open to it for forming
joint ventures in the US. Stanelco has certain rights, agreed with SPhere,
enabling it to compound Biotec materials anywhere in the world including the
establishment of manufacturing facilities in the US.


Contact:


Martin Wagner

Chief Executive

02380 867 100

Oblo, you beat me to it, just!

Well, thats cleared that one up!

Words such as clear, mud , piss-up and brewery spring to mind.

I think what it means is...........Sphere are just as bad as SEO with RNS'S!
kim

where the MMFs that were to be JVs not licensing agreement then? what have I missed?

Confusion reigns.

The Sphere statement said 'Stanelco PLC is no longer planning to license ....'
which implies that they were but have changed tack. If that isso, why doesn't the RNS make it clear?

Was licensing the IP part of the JV deal? If so, were the letters of intent based on the licensingof the IP? If so are fresh negotiations taking place which now exclude the licensing? If so are they likely to succeed?

Theres a bloody good book/movie in the SEO story of the past few years somewhere, forget Enron!!! It gets better.

LONDON (AFX) - Stanelco PLC said it has several options open to it for setting up joint ventures for the compounding of biodegradable resin in the US.

The company was responding to a press release by Sphere SA, its joint venture partner in the German biodegradable compound maker Biotec GmbH.

Commenting on Stanelco's plans to compound Starpol resin in the US, Sphere said it had received confirmation that Stanelco would not license Biotec's intellectual property to its proposed US joint ventures.

Stanelco said it believes SPhere made the announcement to allay concerns that Stanelco would be transferring Biotec's intellectual property to third parties in the US.

Stanelco reiterated that intends both to optimise the Biotec facility in Germany and to proceed with the exploitation of Biotec's technology in the US.

It pointed out that its previous announcement relating to US resin ventures do not refer to licensing in the US.

'... Stanelco has several mechanisms open to it for forming joint ventures in the US,' the group said.

It added that it has certain rights, agreed with SPhere, that allow it to compound Biotec materials anywhere in the world, including the establishment of manufacturing facilities in the US.

newsdesk@afxnews.com

ak

Put in a slightly different way. No clearer though, who is trying to pull one over the other?!
kim