A couple of points:
As G 44 noted, fuel flows for the IO 550 need to be set well over 30 gph at takeoff power. Basically, you'll want to see the fuel flows on the standard fuel flow gauge (which is actually a pressure gauge, not a flow instrument, but calibrated in flow) go well past the max indication on that gauge.
Secondly, you CANNOT run a 550 like you do a 520. It appears from your post that you are running BOTH 520s AND 550's??? If so, you need to understand the differences in percentage of power. Continental prohibits leaning of any of their big engines at power settings over 70 % or 75 %, depending on the engine. Bear in mind that a 520 is NOT a continuous rated 300 hp engine, whereas the 550 IS continuous rated at either 300 hp or 310 hp, depending on the model of engine you have. So, you can't use the same combinations of MP/RPM for the two engines. 24 squared works fine in a 520, and you can lean that engine pretty much as you please at that power setting, but 24 squared in a 550 produces more than 75 % power under most conditions. Run that 550 at 24 squared, like the 520, and you WILL fry cylinders.
You need to get a power chart for the engines....the 520 power charts should be in the POH for the airplane. The 550 is a modification, but a power chart of some sort should have been provided with the conversion.....READ it! Frankly, some of the power charts I've seen for these engine conversions were really difficult to interpret. The best I've found was from Atlantic Aero. I just looked at their website (
https://www.atlantic-aero.com/main/docs ... ochure.pdf), but I don't see their power charts, which used to be there. But, in any case, find the data for YOUR engine conversion, and then study the power settings, and READ the recommendations and limitations. You'll find the prohibition on high power leaning in there somewhere.
I ran IO 550 D model engines in 206s and ran around 2300 rpm and 20 to 21 inches of MP commonly. That is about 70 % power at sea level on a standard day, as I recall.
Finally, Wipaire manufactures cowl flap extensions that are required on the 206 for operation on their big floats. These are simply rod extensions that open the cowl flaps further than they normally open, and when the cowl flap control is completely closed, the flaps themselves remain partially open....providing additional cooling. This is a very simple modification.....legal in South Africa????? I don't know. There is a saying about such things, however...."Don't ask, don't tell". I'd buy a set and see if they help.
Big thing is setting proper power and LOTS of fuel flow at max power, though.
MTV