History of our company

For those of new and very old stockholders , a touch of who we are

After a lot of research looking for when i started here ,just a few notes from the manager director in 2001 of Methanol .Mr Christopher R Hart
"Quote "
Dear Shareholder
Thank you for your patience during the restructuring of our company, which was previously known as Timor Sea PetroleumNL (Timor Sea).
This restructuring led to the creation of Natural Gas Australia Ltd (NGA) and the proportional issue of NGA shares and options to you
A brochure is enclosed to describe the Tassie Shoal Methanol Project , which will soon be owned by Methanol Australia.
Timor sea changed its name to Escape 3D Ltd in the expectation of an of an opportunity that was not pursued.Subsequently , in anticipation
of the soon to be completed reaquisition of our origional methanol and gas-to-liquids interests, the company changed its name to Methanol Australia Ltd (MEO)
NGA has now successfully merged with Santos Limited. As part of the merger arrangements, Santos agreed to transfer back to Methanol Australia all of the downstream gas processing interests including the Tassie Shoal Methanol Project, a project that had previously been promoted by your Company. These activities involve the commercialisation of the Evans Shoal gasfield, including proposed offshore gas to methanol and LNG production (End of uncompleted Quote )
There were other lines about the future of the company in world- scale gas to liquids projects.

So that was the start . Methanol carried on drilling "Dusters '' in different areas and 20 odd years later we are May hopefully out of the dust and into oil in Cuba.
I found my first shares were purchased in August 1998 in Timor Sea Petroleum at 11 cents , not as in an earlier post i thought $1.11 in 2000
My accountant no longer could find any of this , i needed to go out to the shed , to the Ships locker and extract a wealth of history from the red backs
And here i am buying shares in MAY 24 years later at 2.4 cents and looking forward to the future..