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

Morning. Profit taking? Possibly; or more stake building by Popeye Doyle!
kim

PEZ. You have until 27 October.
kim

NS

They are yours. When you buy the share you own it even if you do not pay for it until 5 or 10 days after

Mind you at this price I'm saying enoughs enough c70%+ since the bear raid by Shares Geoff Ho. HO HO HO Xmas has come early

I dont think we'll see profit taking while the buys are still coming in, the likelihood of more institutional buying and the SP is still rising.

The way things are going I might just be tempted to take up the offer.

Tonyrelaxes - not an expert, but don't think you're right. Admission to Crest of the open offer (which allows Crest members to contact their client shareholders to make the offer to them, as far as I understand it) is not the same as admission to AIM of the new shares which cannot happen until the EGM in any event. All 2bn new shares willl be admitted after the EGM has approved the fund-raising and on the same date, I am pretty sure.

sd

oblo, i don't see any reason why anyone shouldn't take up the offer. i mean, it's a near 50% discount to today's sp. i bought a few more at 1p and sold today for about break even. i will be taking up my allocation and hopefully the sp will still be around this level. that'll be a very nice 90%/100% profit. well done to those who jumped in at 0.8p. you'll be sitting on a very handsome profit right now. it must be tempting to cash it in, after all, when was the last time you could take a profit on seo?

stockdog
Thanks for explaining that.

Bos,
Tempted to trade, but not sell.
I believe that spring will see 5p.
But don't tell anyone. They'll rib me mercilessly if it doesn't.
Alan

technotamed- thx for td waterhouse link as i have not received prospectus yet either but they are on "action required"

stockdog - Just a reminder that Stanelco are in the Small Cap index and not on AIM.

NS
T D Waterhouse
http://www.tdwaterhouse.co.uk

With Jarvis Brokers. Just contacted them, as yet they have not received the offer paperwork and stated they would chase it up today.

Bos,

Quite agree. I'll be taking up the offer. Nice to see some blue, even at these prices.

Even feel tempted to buy more shares (bought some just prior to the RNS when my mood was more positive. Like the Mineworkers Union involvement (cant be many Mineworkers left, can there? Although I think they are in the process of reopening a Tin Mine in Cornwall).

robin

TDW do not send you a Prospectus in these circumstances. In theory TDW only have one shareholding covering all of their Nominees and would have received only one Prospectus and Application Form for the lot. They then have to allocate the Entitlement pro-rata. They then post the 'action required' link on each account and send a brief letter advising, asking for instructions or pointing out the default instruction.

If you want a copy of the Prospectus you have to ask for a copy - probably best done from SEO or T&G

oblo - RJB is also re-opening a large colliery in Hatfield, Yorkshire by May of next year.

Alfa.

Another one??

Alan - do you mean another colliery or another Announcement ?

More for the French if the latter.

Alfa.

just spoke with barclays and they are sending letters out tonight.

Notifiable Interest

RNS Number:5736K
Stanelco PLC
17 October 2006

Stanelco plc ("the Company")



Notifiable Interest



The Company was notified by a letter dated 16 October 2006 from Calyon Corporate
and Investment Bank that Credit Agricole Cheuvreux International Limited is
interested in a total of 41,923,384 ordinary shares of 0.1 pence each in the
Company, representing approximately 4.19 per cent. of the Company's issued share
capital.



This shareholding is registered as follows:


Shares Held Management Company Nominee/Registered Name
41,923,384 Calyon Corporate and Investment Credit Agricole Cheuvreux
Bank International Limited

Checking the 2 RNS, the 15 million buy yesterday was not the French.