MAY (ASX) History of our company

Originally posted by renovator: ↑

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..

Expand

...geez - that is a decade before I got in, and I thought that I had been through a lot (by the way, I have).
I will post the long term chart here for the old-timers to remark "aaah, those weren't the days!".

Good to hear that you have topped up at lower prices @renovator.
And MAY still has Tassie Shoal (and it is still under appreciated).
And for the technically minded (and the optimists) there is a gap in the chart above $1.59 which needs filling.

Originally posted by renovator: ↑

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..

Expand

No.	Vol.	Price($)
7	420261	6.6¢

No.

Vol.

Price($)

420261

6.6¢

Price($)	Vol.	No.
6.9¢	107500	1

Price($)

Vol.

No.

6.9¢

107500

No.	Vol.	Price($)
7	420261	0.066
9	952071	0.065
6	1250000	0.064
3	500000	0.063
1	80000	0.061

No.

Vol.

Price($)

420261

0.066

952071

0.065

1250000

0.064

500000

0.063

80000

0.061

Price($)	Vol.	No.
0.069	107500	1
0.070	1017675	10
0.071	494430	9
0.072	472500	5
0.073	1382775	8

Price($)

Vol.

No.

0.069

107500

0.070

1017675

0.071

494430

0.072

472500

0.073

1382775

(20min delay)
Last 6.6¢		Change -0.004(5.71%)		Mkt cap ! $222.4M

Open	High	Low	Value	Volume
6.9¢	7.0¢	6.6¢	$469.2K	6.943M


Last 6.7¢		Change -0.004 ( 4.29 %)
Open	High	Low	Volume
6.9¢	7.0¢	6.6¢	2406584
Last updated 15.59pm 05/06/2024 ?

History of our company, page-2

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