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

I have just thought of how to make a profit on SEO.

I am prepared to run a lottery for my holdings. There will be 100000 tickets on sale at 10 per ticket. If all the tickets are sold, I suppose I will have to ask permission for a re-issue of treasury tickets, I will ask the board to allow me to do so. Should be possible, anybody who wishes to purchase a ticket, please use MM email system.

Regards to all punters.

Oblo,

Not sure if the deal was led completely by Sphere as SEO had committed to upgraded the Biotec facility and reported that it cost less than ahd been initially envisaged, but that was for 20k tonnes p.a. of biomaterials

I think i need some serious help. Iam actually thinking about taking a gamble and buying some more. After all ive brought from .8 upto 15p so whats a few more. I was going to say in for point of a penny in for a pound. Hang on let me just hit myself with that mallet one more time.

Remember this back in July 2005:

SP Metal will be able to provide orders for Biotec products that will contribute
to its overheads, enabling it to concentrate further resource on research and
development. Stanelco will retain a golden share in Biotec until 31st December
2009 which will give it the right to break any deadlock arising in material
matters affecting the Joint Venture. Stanelco will also retain all the
manufacturing rights to Modified Atmosphere Packaging ('MAP') materials.

Also:

Stanelco PLC
26 July 2005


26th July 2005

Stanelco plc ('Stanelco' or 'the Company')

Biotec Joint Venture wins 20m annual order from SP Metal S.A. ('SP Metal')


Stanelco, the RF (radio frequency) applications group is pleased to announce
that it has received a conditional commitment from SP Metal its Joint Venture ('
JV') partner in Biotec for an annual purchase of approximately 10,000 metric
tonnes of Biotec's biodegradable pellet worth in excess of 20m per year.

As a result, Stanelco and SP Metal have agreed to increase Biotec's production
capacity of biodegradable pellets to 12,000 metric tonnes by an investment
programme in new processing equipment valued at 4.5m. Full production is
anticipated within six months.

The purchase of Biotec Holdings and the JV with SP Metal is subject to
shareholder approval.

Ian Balchin, CEO of Stanelco plc commented:

'We are delighted to receive this commitment from SP Metal which demonstrates
that the market for starch based polymers is set for significant growth. We look
forward to the prospect of completing the acquisition and JV agreement in the
next few weeks.'

A fuller announcement will follow when specific details of the order are
finalised.

Ends

did we ever get the "fuller announcement"

ALSO:

".....Stanelco and SP Metal had initially agreed to increase Biotec's production
capacity of biodegradable pellets to at least 12,000 metric tonnes within nine
months via a joint investment programme of up to 4.5m. However due to further
recent improvements in both the production procedures and the ability to process
the materials, a capacity of 24,000 tonnes for an investment of 2m is now
envisaged within the same period...."

Gary, add it to Greeks list for his complaint!

Maybe the potatos wern't available in sufficient volume.

The new capacity is said to be 100,000 tons annually - Would sphere have gone to the expense of increasing the capacity so drastically if the sales potential wasn't there?

If 10,000 tons was worth 20m, presumably 100,000 tons will be worth in the region of 200m.

Oblo...STOP IT!

More questions than answers (as usual)
Why would WM be interested in Biotecs silos? They don't make a single thing from any kind of plastic. They do buy a lot of plastic things though.
Why would SEO be so honest about GS being a dead duck, but not say that about Starpol, unless Starpol were still a runner?
Why would Biotec increase production capacity so hugely, so quickly? Not because France wants degradable plastic bags 3 years from now.
Why would SEO say that there are developments over the next 18 months or so? I wonder how long it takes Biotec to commission the production and then work up to capacity. How long does it take SEO to convert the granules to product and then put it to use?
Finally, I remember (in a hazy kind of way) about 12 months ago reporting that I had been told that while Asda liked Greenseal, they were far more turned on by Starpol and its possibilities. GS is dead. The obituary has been written. Is it possible that Starpol is merely critical in intensive care?
I am still 99% certain SEO have got everything they have done wrong, but 1% of me is now asking if Asda / WM have told them they have no interest in a problematical GS, but would love Starpol. SEO have agreed to manufacture it in quantity, but SPhere have stopped them doing so by insisting that Biotec can produce sufficiently high quantities to fulfill any contract. WM / Asda have agreed to a 2008 start date and to show capability, Biotec have invited them to see some serious production investment.
All theoretical, and probably bullshit and pipe dreams. But you gotta have a dream (especially when you invest in this dross).
This is not what I think is happening, just a stab in the dark to spark debate.
Still pi$$ed off.
Thoughts?
Alan

I cant help it, Gary, I'm excited - I might get some of my hard-earned back!

Oblo/Alan,

I can see people starting to whip themeselves into a frenzy again.....not healthy, wait for some solid news!

I'm wanting someone to rubbish the post, not say calm down!!!
Someone tell me I'm an absolute little tit for even entertaining such thoughts and I'll be a happy man.
Alan

Interesting though: Biotec website recently updated, New Biotec Distribution website and SEO's website is being "updated".....can't wait!

Alan,

'Why would WM be interested in Biotecs silos?' Because they may be interested in Starpol, Wrap 100, etc. and this is where the granules to produce it will be produced?

'Why would Biotec increase production capacity so hugely, so quickly?' Because WM are interested in Starpol, Wrap 100, etc.?

The key to all this and the cancelling of the MMP's in the states may be potatos - they may be more easily obtainable and cheaper than the corn that would have been used in the States. SPhere have sourced a huge supply of potatos, possibly at good prices, and I would imagine, though not sure, that potatos grow quicker and are more easily harvested.

Is the Sphere flotation not scheduled for July?

... we had a WM delegation somewhere Manchester to check GS progress.... Does anyone remember?.... the contamination of the fat on sealing area of the food tray but still an excellent seal ...... BUT NEVER SOLD A GREEN SEALER!!!!

Oblo,
The questions were rhetorical. I came to that conclusion myself as a possibilty (no more than that).
Its just it seemed to grow stronger when I re-read the statement and earlier RNS and seemed to create a credible story. I just dare not entertain it as a serious thing!!
When I remembered a summer chat with my imaginary friend where he said (and I posted on here) the there was interest in GS but excitement in Starpol, I had a giddy attack and had to lie down in a darkened room.
Part of me wants this to be true, but strangely a part of me wants you all to disprove it, so I can forget SEO and this dark chapter.
Alan

And another thing.................
Nascent, according to the OED, means "just coming into existence or begining to develop".
HHHMMMMMM.............

I won't rubbish your post Alan, I have always maintained that Starpol is the key to SEO's success (or, hopefully not, final downfall) it does concern me however, that there is no mention of Stanelco in the present plans of SPhere and Biotec. None that I can see anyway.

Sod it just brought some more.