for more information about stanelco click on the links.

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http://www.stanelco.co.uk/index.htm

Surprising that no news is out yet; SEO seems to have gone to sleep for the moment, perhaps until the EGM, a whole two weeks away! Let me have any questions if you cannot get there.
Anyone on this thread who is bored in the meantime take a close look at the Chaco (CHP) thread. It could fly in the second half of this week; the potential Colombian deal will be very lucrative, with little downside on current sp.

baza - have you been soajing up the rioka? lol!

sd

blimey!!! what a dull day!!. anybody watch cape fear last night?

maybe this will spur walmart to get something going with seo and starpol.

NEW YORK (AFX) - Oil stocks trended lower Tuesday morning, as investors continue to worry that persistently high oil prices will put the brakes on the nation's economy.

More broadly, U.S. stocks opened lower, with oil prices remaining at near-record levels. Wal-Mart said high gasoline prices will lead to a lower-than-expected profit in the third quarter. .

In energy, the Amex Oil Index fell 0.3% to 994.02 points, pressured by losses in U.S.-traded shares of Total SA , BP PLC and Repsol SA .

Exxon Mobil Corp. , ConocoPhillips and Marathon Oil were also trading lower.

The Philadelphia Oil Service Index shed 0.2% to 165.80 points and the Amex Natural Gas Index fell 0.1% to 382.85 points.

Crude for September delivery gave back 22 cents to stand at $66.05 a barrel ahead of the open of Friday trading on the New York Mercantile Exchange. .

Despite the pullback, Kyle Cooper, an oil and gas analyst at Citigroup, said the bullish bias remains intact.

bosley, if you're bored, try out CHP; that is going to get interesting.

sharesure, did chp used to be gold mines of sardinia? ahhhhh sardegna...... glorious place. anyway, has everyone lost interest in seo?

Havn't posted on SEO for a while, I've said what I believe many times before and that view will not change, the only thing that will affect sp short-term from here will be how quickly SEO can turn the potential into conversions and revenue. Medium & long-term for investors this will be a success and I believe that once the market understands the strategically brilliant purchase of Biotec and the potential for Starpol it could eclipse the excitement surrounding Greenseal.
Greenseal is excellent, a more environmentally friendly, energy efficient process with reduced product and packaging waste that saves money for packers & retailers but Starpol could be even better if this biodegradable film can be commercially viable in a world with higher oil-based packaging costs and dwindling resources. SEO sp 20-22p and steady is good, especially for those of us in since the dark days of 4-6p, traders and the impatient may drift it down if they don't like the speed of Greenseal progress but for investors this should be a big winner if SEO manage this properly. And don't forget there are other products in the portfolio.

good to hear from you , andy. nice sum up. i think what could be causing jitters is that all trials with greenseal have been rip roaring successes and everyone, myself included, expected a steady flow of orders. the longer we go without more orders the twitchier some people will get.

Bosley, You are right about CHP having been GMS; up until the turn of the year or so. But it's very different now. Should be a star this week; a welcome diversion while we await the next chapter of SEO.
Agree with Andy and others that SEO will be one of the best investments over the next couple of years. To have a few million SEO salted away would be aperfect pension plan Just hope CHP bears fruit fast in order to reinvest yet more in SEO.

Bos, I think we should relax, they only had to report on the first orders associated with the trials. No company reports to the world everytime they take an order.
From what I hear, orders are coming in and retrofits taking place, the markets perception of the speed of this will determine short-term position of the sp but I still feel exponential growth on this one, especially if it does roll-out in US.
I confess to taking some profit a week or so ago, needed some dosh and SEO had made it for me thank you very much, still have >90% of my shares though.

good morning andy. i am relaxed. even taking into account seo's ability to surprise, i get the feeling that until the biotec deal is done and dusted , not much is going to happen.

Good to have your popst, Andy. I get the impression that some are getting somewhat concerned at the lack of news - no news is bad news syndrome. You are right that a company will onl;y announce an order if its significant, like that of theb first ASDA suppliers which led to the implementation of the contract. Its good that you know from the industry grapevine that those orders are coming in and that retrofits are happening. ASDA, of course, have ways of making them buy! - particularly by advising that the payments will be reduced anyway to suppliers to achieve their share of the profits. There is relatively little news being marked up as it is the holiday season. So it is patience for September and, I think, the US and hopefully Wal-Mart.

Eric

The best part about the current lull in news is that the posters in the pump&dump brigade and those slagging off SEO seem to have moved elsewhere. I agree with all those who regard this thread as one for those who are taking a 2, possibly 3, year view. SEO is very much in that category; anyone who has ever tried to build up a company will know how difficult it is trying to live up to the timescales those on the outside might expect of them. I'd rather they were not hassled, and pressured, to produce results, which might mean doing deals in a way they, and we, would come to regret. Leave well alone and I think we shall all end up doing very well out of this.

Sharesure: excellent sentiments. I have been impressed with the way SEO have been laying the foundations for a very successful business. They have a number of irons in the fire but have been concentrating on those which will give a good return in the short to medium term. But I also find it heartening that they have been wide enough awake to grasp an opportunity like Biotec and that they have already appraised the synergy with other aspects of their business. Basically we seem to be 'down' to the occasional ii and I find him/her quite amusing because of the arrant bias.

I think the key thing is to be realistic in the likely development timescales. The ASDA contract tooke longer to establish than we expected and for the year to commence: four months instead of 1 month, but then there was ggod reason for that because we now know that the trials produced the stats that ASDA needed to enforce their contracts with suppliers. We also know through andysmith that things are progressing well behind the scene. Phase 2 with Greenseal is the US roll-out. After initial news bursts from over there, all has gone quiet there. I am pretty confident that negotiations are going on with various supermarket chains. I think a contract with Wal-Mart is better than 60% odds because it fits so well with their strategy, they have access to all the ASDA data and the impact is obvious in cost reduction and marketing positives. The bigger this deal is (in terms of markets and possibly exclusivity) the longer it is going to take to negotiate. SEO are not going to take any other contracts that might prohibit the big one.

It looks now that we won't get any announcements before the EGM but should get an update then (are analyst briefings arranged, do you know?). The sp has been gradually easaing as the quick-buck brigade depart, ready to pour back in on RNS, or more likely rumour - rumour is much preferred because they may be ahead of the game. But that just supports SEO's approach of holding their cards close to their chests.

Eric

Eric, One thing that the directors said at the AGM to do with Walmart, was that what SEO were able to offer them in terms of meat packaging would enable them to change fundamentally how they currently go about that side of their business. At the moment they have in-house butchers; with the longer shelf life attributable to Greenseal, they could presumably bring in their meat from a distribution point, probably saving a great deal in the process. That sort of re-engineering would take time, if only to deal with the manpower implications. So we are right to be patient, much as earlier news would be welcome if it was possible

Sharesure: I remember the comments. That's one of the reasons why I think there will be a big deal with Wal-Mart, but it is a strategic matter and may take time to negotiate and set up. Suspect we will be able to read between the lines of copmments at the EGM. You are going, aren't you, and no doubt you will be digging down this avenue. I feel every other issue, including Biotec, frogpack, other markets and products, pales into insignificance as a world-wide marketing deal with WM would be worth 1 on the sp!

Eric

Eric, I will be going to the EGM and will try to glean what I can. I am sure you are right about Walmart; one thing the Americans are good at in my experience is taking financial decisions and I suspect Walmart are true to that as well. Walmart would be a real boost when it comes, in particular the credibility it would give in talking to others. Hope SEO do not get driven into another 12 month exclusivity deal unless logistically they could not cope with more.

Sharesure: agree except perhaps re the exclusivity angle. The ASDA deal obviously locked ASDA in but also allowed SEO to focus rather than be diluted over the various supermarkets operators. SEO would only benefit from such a deal with WM if the scale was such that it would lock in resources for the following year. I have a sneaking feeling that it will go that way!

Eric

Eric, Good thinking, provided they do not also expect to screw down the terms too tightly as well.
You didn't say whether you are going to the EGM. If you are, let me know by email how to to recognise you, assuming you are happy to be recognised!

sharesure, go to pth's golf challenge thread to see a shy looking eric collecting his trophy.
i think eric pointed out the "turnkey" phrase in the last major rns. seo cannot provide this until the biotec deal is done and dusted.
i also have a little bit of uncertainty about biotec's patents. who does actually own them? biotec or kashoggi? the link to the earthshell page made things a little muddy, but then again, considering seo's recent history, i would imagine that balchin and his board are experts in patent law and ownership, and it's not something seo should be stiffed on. can anyone clarify?