There was once a stock I followed. They had an innovative...

There was once a stock I followed.
They had an innovative technology to address a particular gas commercialisation issue, based on existing technology.
The stock had done some deals with some big names and had some experienced O&G guys on board.
The company initially got some great runs on the board.
They then got unlucky.
But then the tide turned.
The industry began to notice the potential of the "game changing" development plans for proven gas resources.
The changes in the operating environment favoured the company.
The company built momentum, got a roadshow underway and then secures a few instos.
In 3 - 6 months the shares were a Disallowed.
In hindsight it was clear all along that this rerating was inevitable as there were no other solutions to the said gas resource/s.

Anyone know what I am talking about?

Nope.

Not a parallel universe.

This is what has happened to LNG (ASX: LNG) in recent years.

Story sound familiar?

MEO shareholders have been pummelled for many years, however the time for TSMP/TSLNG is approaching an inflexion point. More than a decade of work appears to be coming to a head. Stranded but proven resources all around TS, with no alternative commercialisation plan.

Puka adding 1,000bbl/d in 2016 will obviously be nice, and a couple of MEO style farmouts would obviously change the flavour of MEO overnight, however MEO still retains 100% of the TS projects and this quarter is going to be big for developments in this space.