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Zion Oil & Gas, Inc. ZNOG
(Total Views: 291)
Posted On: 02/02/2024 11:42:59 PM
Post# of 1033
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Posted By: thanksmuch
Re: microcaps #985
Micro, thanks for your diligence in posting the latest SEC documentation. It was very informative. Keep up the good work!

The extension of the unit buy program is surprising and expected all at the same time. It is obvious Zion Oil is very strapped for cash and also obvious that they are having difficulties raising the cash. My interpretation is that 2024 will be a make or break year one way or another.

It is astounding that the public float of this little oil company is ~633,000,000. That means that current stock price of approx. 6 cents gives it a market cap of around $38,000,000. All I can say is Wow!

Again, Thanks!













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