bosley
- 20 Feb 2004 09:34
bhunt1910
- 19 Sep 2005 12:34
- 9548 of 27111
Paul - I do love your posts as it provides tons of data and keeps me focused on the future - but I am also a realist who has got both of his feet firmly planted on the ground - and I do like to see some facts (and some orders - which I am sure will come).
The RNS's from SEO provide information and so far there has been nothing that has given me caause for concern. They have an excellent product base and the deals they have done in my view set the company up for the future - but I do beleive we need to give the team chance to deliver the orders - which as I say I am convinced will come.
Whilst I would love to see the sp explode, these deals do take time to put together and more importantly - getting the right management teams together to deliver all of these products will be exercising the current managements time.
They have already said that they are currently picking off the low hanging fruit - ie the easy stuff and prioritising their resources - what we dont want is for them to keep hopping from product to product and never deliver anything.
As always - I am looking for 30p by Xmas - but secretly hoping for more (pl;ease dont tell anyone my secret!!)
Baza
bhunt1910
- 19 Sep 2005 12:36
- 9549 of 27111
Paul - sorry - I did not answer your question - if a heads of agreement was signed - I think it would make a signifivant difference to the sp - but I am qualified to quantifiy by how much - I leave that to others - but I do agree with you that there is massive potential.
Baza
paulmasterson1
- 19 Sep 2005 13:22
- 9550 of 27111
When will the oil run out?
Experts argue: Now or 30 years away
By GEORGE JAHN
Associated Press Writer
VIENNA, Austria | Fact: World oil production will peak someday, and supplies will start running out. But when will the tipping point come -- in years, decades, or a couple of months from now?
The oil industry says crude will be plentiful for at least another generation. But some experts argue reserves are overstated, oil technologies are limited and demand, sharply boosted by the needs of China and India, could soon outpace supply.
European Union finance ministers are asking the Organization of Petroleum Exporting Countries to ramp up production when the Saudi-led cartel meets Sept. 19 in Vienna -- despite the failure of similar boosts over the past year and a half.
Skeptics say that won't work.
"World oil production is going to peak on American Thanksgiving, with a three-week period of uncertainty on each side," declares Princeton professor, geologist and oil maverick Kenneth S. Deffeyes. He uses a formula first developed to pinpoint with near accuracy 1971 as the start of oil production decline in the United States.
Once supply begins to dwindle, the years to follow will see shortages that at best will cause "global recession, possibly worse than the 1930s Great Depression," says Deffeyes. At worst, he warns of "war, famine, pestilence and death."
Deffeyes' prediction is clearly controversial. Still, it is gaining an audience, and dozens of energy experts and academics say his arguments have merit.
With supply already barely matching demand and prices high and rising, the U.S. oil giant Chevron has begun running ads declaring that "the era of easy oil is over." And normally skeptical organizations are expressing worry.
"The world has never faced a problem like this," says a report prepared this year for the U.S. Department of Energy's National Technology Laboratory. Although oil companies have searched intensively for new oil finds, "results have been disappointing," says the report, from Science Applications International, which focuses on security and energy concerns.
More worrisome are claims of inflated reporting by the Saudis, Iran and most other OPEC members whose national oil companies are not legally subject to audits and other controls. Even firms like Shell and Chevron are thought to base their proven reserve figures in the Middle East in part on unchecked numbers provided by OPEC-member state companies.
OPEC nations deny padding their figures but even governments are becoming openly skeptical.
British Treasury chief Gordon Brown on Tuesday urged OPEC members to "become more open and transparent" on how much oil they really have and how they plan to develop it.
Energy expert Matthew Simmons says that except for Libya, Algeria and Nigeria, OPEC countries tripled their reserve numbers in the 1980s with no supporting data.
Simmons, who advised George W. Bush's 2000 presidential campaign, says most OPEC nations were involved in a "proven-reserves arms race" -- overstating recoverable stocks because the organization assigned production quotas according to each country's reserves.
In reality, Saudi reserves are probably closer to what they said they had 25 years ago and the same goes for most other OPEC nations, said Simmons. Middle East proven reserves are very likely only a third of the approximately 700 billion barrels being claimed, he said.
Simmons, whose Houston-based Simmons & Company investment firm guides companies in energy-related acquisitions, is also dismissive of claims that improved technology will increase oil recovery from reserves. He points to the story of North Sea oil, whose production peaked six years ago, despite all-out industry attempts to tap unexploitable reserves through new means.
So when is oil going to peak?
Simmons won't go as far as Deffeyes and his Thanksgiving projection. Still, he points to the world's present huge appetite for crude in saying the decline may begin sooner than some think, but will stretch over decades before the last barrel is used up.
"The difference between peak oil happening and (oil) running out completely is the difference between me saying 'I'm getting slightly hungry' and 'I'm starving to death,"' he said.
bosley
- 19 Sep 2005 13:51
- 9551 of 27111
again, relevance?
shamona
- 19 Sep 2005 13:53
- 9552 of 27111
I live in Aberdeen and well remember when the city first started booming in the seventies due to North sea oil, the experts then said it's only going to last twenty years so make the most of it! What utter piffle, we've barely scratched the surface; the same argument will still be raging in 50 years time and then some.
We had Europe's largest ever oil show up here last week and confidence has never been so high, if you're waiting for oil to run out you've got an awfull long wait on your hands.
shamona
- 19 Sep 2005 13:56
- 9553 of 27111
bosley
You are quite correct in saying this has no relevance at all, masterson will point to oil running out as an opportunity for Biotec trays to rule the world though!
I'm stopping posting here for a while, from now on i'll only respond to blatant untruths.
All the best chaps.
paulmasterson1
- 19 Sep 2005 15:29
- 9554 of 27111
Bos Hi,
Biotec TPS ....
Oil is running out, wherever possible alternatives will be sought, also cutbacks will start happening, oil will only be used where it is needed, so certain byproducts of oil may get in short supply, including some plastics.
Stanelco has the answer to the problem of petrol based plastic in packaging, forward thinking companies will start changing to starch based plastic sooner rather that too late, articles like the one I posted earlier raise awareness of how dire the situation is becoming, and those in charge of companies that use petrol based plastic packaging, will know what action they must take .... buy Starpol 2000 ....
I have had two replies from my last e-mailing of big companies with Stanelco's Biotec TPS related RNS's, and the replies were both very positive.
Cheers,
PM
paulmasterson1
- 19 Sep 2005 15:32
- 9555 of 27111
Hi All,
All indicators are showing 'OVERSOLD', expect a big bounce, before any of several RNS's arrive ....
Cheers,
PM
Oilywag
- 19 Sep 2005 15:37
- 9556 of 27111
Hi PM1
Without mentioning any names, what was the gist of the replies that you received from the two big companies you e-mailed about the capsules? I assume it was about pharmaceutical capsules given your recent postings?
The oily one
shamona
- 19 Sep 2005 15:55
- 9557 of 27111
oily
Its hard capsules!
ps Pauls partial to the odd porky, if the "positive" replies existed he'd have copied them here in a flash; he'll have had replies saying thanks for the email from an automated computer.
ptholden
- 19 Sep 2005 15:57
- 9558 of 27111
Shamoaner
'I'm stopping posting here for a while, from now on i'll only respond to blatant untruths.'
You just can't stop yourself can you?
Didn't think it would take long
bosley
- 19 Sep 2005 15:57
- 9559 of 27111
pm1, re 9556, i agree with you entirely but, this has already been said by many posters months ago. there really is no need to labour the point.
baza, tuesday tomorrow, how's the water?
bhunt1910
- 19 Sep 2005 16:21
- 9560 of 27111
Bos - as I said last week - I think we will get an RNS either tomorrow or Friday - me water thinks it will be Friday - but what do I know
Baza
elrico
- 19 Sep 2005 16:47
- 9561 of 27111
shamona - 18 Sep 2005 22:26 - 9535 of 9560
Are you lot on drugs?
This is valued at circa 175 million pounds and is years away from ever realising a profit, fair value is in the 2p region yet you lot think this will see a quid this year!
I'll lay my reputation on the line that this will be sub 10p by xmas before quickly plummeting all next year before settling in the 2 to 4p zone.
Some of you need to start learning how markets work and fast!
shamona,
I for one would love to know how you derived at your 2 - 4p projection for SEO? You state you will
lay your reputation on the line if the share price is not sub 10p by xmas. I assume you mean 2005.
Your argument lack detailed prognosis, which is understandable I suppose give the work gone in to your guestimates.
Howard White told conveyed to us yesterday.
Lemming Investor have had details discussions with the company on several occasions, most recently yesterday. I would like to assure you that Howard White is more optimistic that any shareholder I have spoken too.
Howard had the following to say to us Yesterday after we voiced concerns regarding clarity from ASDA roll in the loss of one of their suppliers.
lemming Investor considers the share price to be at high risk as long as there is no explanation of the role of Norhern Foods and their immediate stance re Greenseal, and or whether and/or how Ferndale Foods lost their footing and their contract. Clarification of these points would remove one of the the issues holding back the price.
Northern Foods is not on our current list, we are working with several ASDA suppliers and will announce the milestones as and when.
As to Ferndale, we announced that we did trials with them. They are no longer major long term suppliers to ASDA it would appear, and one might draw conclusions as to why that particular GREENSEAL project did not proceed.
The market has not yet understood the prize that is Biotec. It will start to clarify shortly.
End of quote: But there is more:-)
We will be one of the first to report what others have missed.
editor@lemminginvestor.com
paulmasterson1
- 19 Sep 2005 16:53
- 9562 of 27111
Oily Hi,
The e-mails I sent this weekend weren't for capsules, they were for three new uses for Biotec TPS, and I posted the market size for each product.
The e-mail replies were not auto-replies, someone took the time to acknowledge each of two of the ideas, they showed interest, and they said they would be looking into the ideas.
The companies in question already use petrol based plastic for their products, and I have suggested using Biotec TPS to create biodegradable versions of their products, and emphasized that Biotec TPS can compete with the petrol based plastics they are currently using.
One company recently had a good slagging off in the papers for reaching a massive milestone in production, all of which has ended up in a landfill or incinerator somewhere, and a few websites have been set up with e-mail address links to the company, for everyone to comlplain about their lack of environmental responsibility, I sent my idea to the company at those e-mail addresses, rather than complaining, I was giving them the solution :)
Cheers,
PM
carl1965
- 19 Sep 2005 17:01
- 9563 of 27111
PM1,
Would this be disposable nappies by any chance?
That's what immediately sprang to mind.
NielsJensen
- 19 Sep 2005 17:27
- 9564 of 27111
Yep. That's what I thought as well..
Dormar
- 19 Sep 2005 18:00
- 9565 of 27111
elrico,
Thanks for your post.
You state that Howard has told Lemminginvestor that ' Northern Foods is not on our current list'.
If that means what I think it means, then I'm absolutely astonished. If ASDA were serious about Greenseal then surely they would have required the winner of the 30m contract to commit to using Greenseal? What an opportunity lost.
Two large sells today - no wonder.
Sorry for sounding a tad depressed, but if this is true, this is not sort of news I expected, or wanted.
What are other peoples thoughts?
bosley
- 19 Sep 2005 18:24
- 9566 of 27111
erm......
lindos
- 19 Sep 2005 18:33
- 9567 of 27111
lets hope for a positive rn v soon!