contrary to the cries that zn has done nothing for
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Posted On: 04/08/2019 12:22:01 AM
contrary to the cries that zn has done nothing for 5 months -please! the ca 99 page! 10k just came out less than a month ago-the 10k includes the following info several times -which i have posted several times-
this requires a lot of work and so does negotiation w possibly scores of parties-if you've ever been a negotiator - i was for 17 years - you know negotiation is not easy bc everybody nowadays expects an inordinately large piece of the pie
people have experience with that without realizing it- havent you ever gasped at estimates given by professionals on your house and or yard- i usually end up doing the work myself bc its highway robbery-e.g an estimate several decades ago of 6000 for automatic irrigation that i did myself for $250! ppl nowadays have lost contact w reality and have visions of sugarplums and due to overspecialization they expect to get away with it
from the mar 12, 2019 10k p.4 and elsewhere also:
"The Company has commenced preliminary scouting and survey design to help identify the geologic boundaries of the proposed 3D seismic survey. Additionally, Zion held initial meetings with potential vendors to aid in the 3D seismic planning and acquisition process.
Once the survey design and surface layout are completed, Zion intends to acquire the necessary government permits and negotiate potential surface damages to crops, irrigation piping, and other surface features. Zion believes it will be necessary to import seismic source equipment and autonomous wireless geophones (to record the signal) to acquire the 3D data.
Once data acquisition is completed, interpretation is the final step and will involve integration with, and modification of, previous work by Zion technical staff. Zion’s ability to fully undertake all of these aforementioned activities is subject to Zion raising the needed capital, of which no assurance can be provided." [end of material from the recent 10k]
this requires a lot of work and so does negotiation w possibly scores of parties-if you've ever been a negotiator - i was for 17 years - you know negotiation is not easy bc everybody nowadays expects an inordinately large piece of the pie
people have experience with that without realizing it- havent you ever gasped at estimates given by professionals on your house and or yard- i usually end up doing the work myself bc its highway robbery-e.g an estimate several decades ago of 6000 for automatic irrigation that i did myself for $250! ppl nowadays have lost contact w reality and have visions of sugarplums and due to overspecialization they expect to get away with it
from the mar 12, 2019 10k p.4 and elsewhere also:
"The Company has commenced preliminary scouting and survey design to help identify the geologic boundaries of the proposed 3D seismic survey. Additionally, Zion held initial meetings with potential vendors to aid in the 3D seismic planning and acquisition process.
Once the survey design and surface layout are completed, Zion intends to acquire the necessary government permits and negotiate potential surface damages to crops, irrigation piping, and other surface features. Zion believes it will be necessary to import seismic source equipment and autonomous wireless geophones (to record the signal) to acquire the 3D data.
Once data acquisition is completed, interpretation is the final step and will involve integration with, and modification of, previous work by Zion technical staff. Zion’s ability to fully undertake all of these aforementioned activities is subject to Zion raising the needed capital, of which no assurance can be provided." [end of material from the recent 10k]
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