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

masterson

You are such a liar lol!

Greyhound
Did SEO indicate the promotional subject of their attendance? Greenseal/Starpol or Frog/Petalpack or everythingl?

I didn't enquire as I was watching something else.

G
OK. Thanks. I am sure they are smart enough not to let any opportunity pass.

Greyhound Hi,

Good work, maybe you should change to bloodhound .... LOL !

Cheers,
PM

PM - lol.

Also, I note that the Commercial Director of NatureWorks will be addressing the conference on Wed 19th Oct.

bugz, by "taking on" i meant actual orders, not just using the savings greenseal can make to force supplier prices down, like the northern foods situation. think about it. any news reagrding a trial or a deal with walmart should be viewed as wonderful, magnificent news for seo, but, without greenseal orders from asda, it will be merely viewed as hype and people are going to be sceptical. considering how successful the trials were and that we have been saying "we need more orders" since april, surely it can't just be me that's concerned?

Bloodhound Hi,

Nothing beats a trail of crumbs to help us sniff out the deal :))))

Did you notice any other 'interesting' attendees or speakers ?

Cheers,
PM

Bosley Hi,

Hopefully any Wal-Mart deal would state 'several thousand machines in the first year', surely that would stuff the doubters as far as rollout numbers are concerned ?

AEIS and Premier must be fully up to speed by now on what they have to do, once Wal-Mart sign a deal, and they are ready and waiting for that deal too.

Don't forget, ASDA deal is for 'several hundred conversions' in the first 12 months, nobody stated they would all be happening in the first 3 or even 6 months, so long as they all appear within 12 months, I see nothing to worry about, and nobody is claiming any more than is possible or expected.

Cheers,
PM

Hey just read that Baza was "agreeing" with PM1 earlier - now that must be a positive sign!! :o) ... awaiting more new(s)/RNS's which we really could do with...

Markus Hi,

When iidiot and shamona agree with me .... then it's a miracle .... or time to sell .... LOL !

Cheers,
PM

Just sniffing around....

Some points which may be of interest re Sustainable Packaging Forum

Early discussion will incorporate "why US executive report sustainability practices will be "essential" to their company's strategic mission as soon as 2007".

Where bio-degradable and bio-olymer packaging materials, structures, and applications fit within sustainable innovation and technologies.


Tue 18th - John Bernardo of Albertsons is a member of panel discussion on Packaging and the Corporate Commitment.

Wed 19th - Global Comm Director, NatureWorks - Driving Sustainable Packaging through the supply chain. There appears to a "retailer" committed to co-present - name withheld currently.

That's all for now, I've been called to heal.

Never been to Philly....mmmm there's a thought..

Now that Wed 19th presentation really does excite me. Steady now!!!!

Is the World Running Out of Oil?

by Joseph Nocera from the New York Times, Sept 10.

We're halfway through the hydrocarbon era," my old friend T. Boone Pickens has been saying for the last couple of years. You may remember Mr. Pickens as the most famous corporate raider of the 1980's, but he has spent his life in the oil patch. A geologist by training, Mr. Pickens founded Mesa Petroleum at the age of 26 and ran it for the next 40 years. Now, at 77, he works the oil patch in a different way, running a pair of energy-oriented hedge funds in Dallas.

A folksy line like Mr. Pickens's - it sticks with you. But I hadn't realized until recently that it also meant Mr. Pickens had taken sides in a surprisingly heated debate. He subscribes to what is being called the peak oil hypothesis, which holds that there simply isn't very much new oil left to be found in the world. As a result, we are currently in the gradual process of draining the more than a trillion barrels of proven reserves that are still in the ground. And when it's gone, it's gone.

The best-known "peakist" these days is Matthew R. Simmons, who runs Simmons & Company, an investment bank and consulting firm in Houston specializing in energy companies. Mr. Simmons's essential belief, he told me recently, is that energy demand is about to exceed supply significantly. And that was pre-Hurricane Katrina - before the storm damaged refineries, pipelines and offshore rigs all along the Gulf Coast. "I would argue that we are in a serious energy crisis," Mr. Simmons added. He forecasts increasing oil prices.

There is a second group of forecasters, though, who argue with equal vehemence that the world is not in an energy crisis and it probably won't face one for a very long time. The best-known proponent of this view is Daniel Yergin, author of "The Prize: The Epic Quest for Oil, Money and Power," a history of oil that won the 1992 Pulitzer Prize, and the founder of a rather sizable consulting firm, Cambridge Energy Research Associates.

"This is the fifth time that we're supposedly running out of oil," Mr. Yergin said. But, he added, each time new technologies made it possible for oil companies to find new sources of oil and extract new oil from old sources. His firm released a survey a few months ago that says from 2004 to 2010, world oil supplies will have increased by as much as 16 million barrels a day, "outstripping the likely demand increase." Most of those who hold this view say that oil prices will eventually drift down.

DOES it surprise you to learn that when it comes to one of most vital resources known to man, there could be such an incredible divergence of opinion? It sure surprised me. Even some of the oil majors are on opposites sides, with Chevron taking the peakist view, and Exxon Mobil more aligned with the Yergin camp.

There are three reasons for this lack of consensus. First, because oil is buried underground, it is hard to measure. So basic "facts" - like how much oil remains, and how much can be ultimately extracted - are as much the product of guesswork as science. Second, the world of oil can be shrouded in secrecy. As an article in The New York Times Magazine recently pointed out, Saudi Arabia, the biggest producer of them all, won't even allow its reserve and production data to be audited.

Finally, though, the fact that this enormous divergence has developed speaks volumes about the very different way each camp views the world. "It's the geologists on one side and the economists on the other side," was the way the energy analyst Seth Kleinman of PFC Energy in Washington put it recently. That's an overgeneralization, of course, but one that contains plenty of truth.

The two sides do agree on one thing: the recent run-up in oil prices, which began well before Hurricane Katrina, has come about because demand for oil has caught up with supply. The enormous burst of economic activity in China, the generally good economic conditions in the United States and the rest of the West - these and other factors have led to a surge in oil demand.

"The world produces about 85 million barrels a day," Mr. Pickens said. "That's where demand is now, too. And I've seen forecasts that demand is going to be higher than that by the end of the year."

What's more, Mr. Pickens added, pre-Hurricane Katrina refining capacity was already at the breaking point, which is another point that is pretty unarguable. "Refineries were operating at 96 percent," he said. "You can't operate anything at 96 percent. It'll start breaking down."

That last paragraph, though, encapsulates the world view of the peakists: all the easy deals have been done. One reason refineries are operating at such high capacity is that no new refineries have been built in the United States for some 30 years, which Mr. Simmons believes can be attributed to the shortsightedness of the industry. "My theory was that if the industry didn't expand like crazy the U.S. would find itself running short of energy." It didn't, and we are.

Even more troubling, the pessimists believe that it is going to be increasingly difficult to replace the oil that we're now using up. "Let me give you a number that is pretty shocking when you hear it," Mr. Pickens said. "The world uses 30 billion barrels of oil a year. There is no way we're replacing 30 billion barrels of oil. Just a million barrels a day is 1,000 wells producing 1,000 barrels. That's big."

How do the economists counter the geologists' arguments? They don't deny that it is hard to find new oil. But they believe that whenever tight supplies push up the price of oil, the rising price itself becomes our salvation. For one thing, higher prices temper demand as people begin to change their energy habits. (Mr. Pickens believes this as well.) Surprisingly, this has not yet happened even as gasoline at the pump has more than doubled in the last year or so. But inevitably, there will come a point when it will change behaviors.

Secondly, they believe higher prices spur innovation. Oil that couldn't be extracted profitably at, say, $15 a barrel, can be enormously profitable at $60 a barrel. In the view of Mr. Yergin and his allies, in fact, this is exactly what has been happening. They point to new oil that is coming out of the Caspian Sea, deepwater drilling in Brazil and the oil sands in northern Alberta as examples. The 16 million barrels a day of new oil Mr. Yergin expects to see by 2010, he told me, "is predicated on $25-to-$30 oil." If oil stays higher than that, then there will be even more investment, and not just in ways to extract oil, but in new refineries and pipelines and other infrastructure.

If you mention this theory to a hard-core peakist like Mr. Simmons, you'd better be ready for an earful. "These economists are so smug," he said derisively. "All they talk about is the magic of the free market. They don't seem to understand that this is incredibly capital intensive."

He pointed to those Canadian oil sands - where, he said, Shell Canada recently announced it was going to raise its investment to $7.3 billion from $4 billion to produce an additional 100,000 barrels a day. "Just think about that; $3.3 billion for just 100,000 barrels," he said. "Doesn't that tell you something?"

Of course the economists can be just as dismissive of the peakists. "I've gone from disagreeing with them to debunking them," scoffed the energy consultant Michael C. Lynch. "I believe the world will expand the reserve base. If you put a road in the middle of the jungle, that can wind up expanding the resource base."

"By most estimates," he added, "total global resources is eight trillion barrels of oil. They are saying only a small percentage of that is recoverable, and you can't do anything about it. We are saying the amount that is recoverable expands over time."

I wish I had the confidence to make my own forecast, but in this case, I don't. What I do know - what we all know - is that oil is a finite resource. Surely, the peakists are right about that. What I also know is historically, the economists have generally been right about how the price of oil has wound up fixing the problem.

As Gary N. Ross, the chief executive of the PIRA Energy Group, puts it: "Price is the only thing that matters. The new threshold of price will do its magic on the supply-and-demand side."

After all, it always has before. And it will again. Until it doesn't.

Greyhound Hi,

"Wed 19th - Global Comm Director, NatureWorks - Driving Sustainable Packaging through the supply chain. There appears to a "retailer" committed to co-present - name withheld currently."

That would be Wal-Mart ....

"Matt Kistler, vice president of product development and packaging for SAM'S CLUB, and Snehal Desai, global commercial director, NatureWorks, LLC, will deliver an extended presentation titled Driving Sustainable Packaging Through The Supply Chain: Challenges To Innovation & Market Leadership. The presentation will outline Wal-Mart and SAM'S CLUB's sustainable packaging initiatives."

Full announcement on my website .... http://www.stanelco.devisland.net/ASDA%20Wal-Mart.htm

Cheers,
PM

well 19th October is my Birthday (hence bhunt1910!!!) - so this could turn out to be a wonderful (and expensive) birthday pressie.

Please dont send cards - just seo shares

For those of u yhat thought that I was born in 1910 - not quite

Baza

Seems like it is only us that are thinging like this - if the market thought the same as us - then the sp would be nudging along me thinks.

Boring morning on the market - level 2 has not moved all morning

Still I can dream

Baza

Baza 19/10 !

Baza Hi,

Too many traders jumping out, maybe they will jump back in right before the show, but they might miss a couple of big announcements before then :))))

Cheers,
PM

Another buy from me, these are for me, as I got paid today :)

781460 BestQuote Buy SEO.L LSE STANELCO ORD 0.1P GBP 23/09/2005 14:00 - 0.18150 5,427 Executed

Cheers,
PM