unfortunately its been difficult to find much logi
Post# of 1012
ZNOG has more experience than ever before; its own rig costing ca 4.6m for the first time, their own trained crew for the 1st time; a 3d survey -the largest terrestrial 3d in israel- and yet the lowest pps in its history ever since the SEC inquiry was reported june of 2018
the following timeline chart does not always retain the captured timeline once posted for some unknown reason but shows pps of $7 back in 2008 etc
https://www.otcmarkets.com/stock/ZNOG/overview
ca june 2 years ago (or just one year ago?) they rapidly accelerated things- they've been under the gun with this being the last reported available extension
perhaps thats His method to weed out the chaff so the chaff does not share in the eventual prosperity of a commercial discovery
He does love to test-one sometimes feels like a tennis ball being slammed back and forth between the 2 sides
John Brown is now ca 81-
all my life I've seen ppl-even generals- fall away after a very short time-whether a secular or spiritual endeavor
used to be when we were an agricultural nation-before ww2-ppl were used to working sunup to sundown- the adversary worked hard to execute the unprecedented changes in society we've seen since ww2- now the goal, especially of the indoctrinated young, is to destroy the very values their grandparents gave their lives for
they didnt say anything about a 30 year lease in the 10q -they may have before- depending on a commercial discovery - but a 30 to 50 yr lease-renewable for another 50 years- is typical in free market nations-otherwise oil co's wouldnt make the major investments necessary to develop
Dec 2 is only ca 3.5 months away so as you say we should find out where this journey is going before too long- directors all? loaded up on options before reaching the 3d areas of interest
they are drilling at a rapid pace- should soon drill into the areas of interest resulting from the 3d survey
nobody can say for sure bc sec policy is to remains silent and not give a clean bill of health
when they quietly drop an investigation -leaving ppl hanging/waiting-but if normal timelines prevail the sec inquiry would be over- there is no criminal intent-something difficult for even highly secular prosecutors to conjure -so imo the SEC investigation has had an outsized unfair impact on pps ever since
the determined efforts of the adversary to destroy ZNOG just before a breakthrough is a typical mo also
the low pps resulting mostly from the sec investigation is what probably forced ZNOG to raise the A/S
and due to the low pps there's a feeling of urgency to make a discovery this time- the great majority of longs sure disappeared from the basher board after mj1 was declared not commercial-despite mj1 being the wildcat well