we know the reasons for the noise -but what is the reason for them pulling out all the stops the last year-they are probably afraid zn does have a commercial field and so would like to stop zn at all costs
successful vendor relationships,which includes leases, are assets-imagine doing business without such relationships
just as in a baseball game, imagine playing the game without teammates,who are assets,whether presently monetized or not
dont confuse an established blue chip company with the parameters for a developing(as in no revenues yet)company
a lot of things have to be assembled before revenue begins-they are assembled and now its a matter of time and honor to see the fruit of those labors
all of the following are also assets:
capitalized costs,as per recognized GAAP - where, before pronouncing the well noncommercial, zn had ca 40M assets
plus the largest asset is a 99000 acre concession-which is very large by onshore israel standards-something that grows more valuable as competition for such becomes more prominent, as it has recently,with delek, which owns 45% of leviathon, buying 70% of the asset next to zn on the west!!!!
and when they find a commercial field that license will be converted to a 30 year lease(still say a lease is not an asset?)renewable for another 20 years,and if the mj1 well is seen as a critical factor in eventually making that discovery why shouldnt such costs be capitalized again?
on the other hand, if one only believes in black holes and destruction, these things would not be assets,but for our purposes we are dealing with a universe of humans,relationships and visible matter
so, again, delek bought into the adjacent concession, presuming the same leviathon strata continues underground onshore israel!!! Wouldnt that be exciting!!!
other assets they have are beyond the understanding of many ordinary laymen
plus leases of drill rig etc(if u dont think having a drill rig onsite is an asset then realize the time it takes to find ,contract for and move a rig onsite), and properties, real and personal
plus it's people- 16 in the Dallas office,9 in the Israel office,plus any additional contracted personnel
plus the executives,whom I'm aware from filings and dd average over 30 years each of oil and gas exploration
plus their vendor relationships - vendors who appreciate fiscally conservative reliable consumers who believe in honor and thus can be trusted as contract partners
plus the biggest oil and gas company following in the world!!! who are in agreement w ZN's purposes-wow!!!
Thats a big asset,which in a commonsense world cannot be ruled to be illegal unless some authority declares itself as the sole arbiter/dictator of our thoughts and feelings etc
anybody ready for another road trip?
successful vendor relationships,which includes leases, are assets-imagine doing business without such relationships
just as in a baseball game, imagine playing the game without teammates,who are assets,whether presently monetized or not
dont confuse an established blue chip company with the parameters for a developing(as in no revenues yet)company
a lot of things have to be assembled before revenue begins-they are assembled and now its a matter of time and honor to see the fruit of those labors
all of the following are also assets:
capitalized costs,as per recognized GAAP - where, before pronouncing the well noncommercial, zn had ca 40M assets
plus the largest asset is a 99000 acre concession-which is very large by onshore israel standards-something that grows more valuable as competition for such becomes more prominent, as it has recently,with delek, which owns 45% of leviathon, buying 70% of the asset next to zn on the west!!!!
and when they find a commercial field that license will be converted to a 30 year lease(still say a lease is not an asset?)renewable for another 20 years,and if the mj1 well is seen as a critical factor in eventually making that discovery why shouldnt such costs be capitalized again?
on the other hand, if one only believes in black holes and destruction, these things would not be assets,but for our purposes we are dealing with a universe of humans,relationships and visible matter
so, again, delek bought into the adjacent concession, presuming the same leviathon strata continues underground onshore israel!!! Wouldnt that be exciting!!!
other assets they have are beyond the understanding of many ordinary laymen
plus leases of drill rig etc(if u dont think having a drill rig onsite is an asset then realize the time it takes to find ,contract for and move a rig onsite), and properties, real and personal
plus it's people- 16 in the Dallas office,9 in the Israel office,plus any additional contracted personnel
plus the executives,whom I'm aware from filings and dd average over 30 years each of oil and gas exploration
plus their vendor relationships - vendors who appreciate fiscally conservative reliable consumers who believe in honor and thus can be trusted as contract partners
plus the biggest oil and gas company following in the world!!! who are in agreement w ZN's purposes-wow!!!
Thats a big asset,which in a commonsense world cannot be ruled to be illegal unless some authority declares itself as the sole arbiter/dictator of our thoughts and feelings etc
anybody ready for another road trip?
