Zion's license is still active. IMO, if Isreal had no intention on extending, they would have it as expired.

There is almost 2million sitting on the Bid. This feels like a tightly wound spring ready to pop.

Interesting that they do not list the expiration date on the PDF report. Here is a link to the live database:
https://prime.energy.gov.il/search/petroleumrights?search=1&sby=&rows=100&first=0

Flagged again from the OTC.

Warning! Limited Information

OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11.

https://www.rockstone-research.com/index.php/en/research-reports/6050-Zinc8-in-New-York-If-you-can-make-it-there,-you-will-make-it-anywhere

Ouch ($3.14) per share loss for Q4 and ($6.05) loss per share for the year.

Latest. $10m Revenue Bond approved.
https://sedar-filings-backup.thecse.com/00047971/2303151000156427.pdf

Earnings out tonight. Should be showing some nice revenue based on the production updates that they sold some coins.

License is still showing active according to Ministry of Oil
https://prime.energy.gov.il/details/petroleumrights/44010883

I don't see anything about raising the AS, link please.

Only .16 more till break-even.

Does anyone know anything about the Sarid 01 well? It appears it was drilled on Zion's license area. It is also referenced in the Garb report. I wonder who drilled this well and when?

"Sarid #1: Multiple shows in Jurassic Haifa Formation"

Hey KyOil. I was thinking about your comments about not publishing the estimates (P90,P50,P10) and they did publish these numbers in the Garb report for MJ#1. I assume they apply to MJ2 as well (no pun intended).

https://www.sec.gov/Archives/edgar/data/1131312/000121390015008273/f8k110615ex99i_zionoilgas.htm

Its interesting that the license has passed the expiration date, but the Ministry of Energy still shows it as active.
https://prime.energy.gov.il/details/petroleumrights/44010883?tab=0

Things are happening!

https://zinc8energy.com/investors/press-releases/2023/96-zinc8-participates-in-public-hearing-for-us-10-million-industrial-development-revenue-bond

https://zinc8energy.com/investors/press-releases/2023/95-the-state-of-new-york-offers-zinc8-energy-solutions-9-million-in-inducements-to-manufacture-in-the-state

Most likely for the announcement of the production facility and the incentives that go along with it.

https://ceo.ca/@newswire/zinc8-energy-solutions-announces-funding-support-to
Free money is always good. I believe this is just the beginning.

Nothing new. Still looking for clinic locations in southern CA
https://www.otcmarkets.com/otcapi/company/financial-report/350730/content

Can you ellaborate and link your sources?

In case anyone else is still following this.

https://greenstocknews.com/newswire/zinc8-energy-solutions-america-s-landmark-inflation-reduction-act-rolls-out-red-carpet-to-clean-energy-innovation

Working capital was about $4.1m CAD as of June 30.

I assume it will be a combination of debt, equity and Gov incentives.

Things are happening in NY.

A little hope in the last filing:

"The Company is currently reviewing locations in Southern California to open up a new clinic. "

Are we looking at a news day with this price action?

Halted in Canada.
https://ceo.ca/@newswire/iiroc-trading-halt-xmg-3fa41

"Zion has partnered with some of the leading Petro physicists and stimulation experts in the United States to plan the next phase of the operation"

Sounds to me like another dud.

https://ceo.ca/@accesswire/zinc8-energy-solutions-inc-announces-signing-of-host

https://ceo.ca/@thenewswire/mgx-minerals-announces-non-brokered-private-placement

https://ceo.ca/@thenewswire/mgx-minerals-provides-update-on-management-cease-trade-8afda

There may be some hope yet of actually monetizing our Assets.

Nothing really has changed with the DSPP. The wording has been the same for years. The dividend would be for all common stock not just the new issued and that wording has always been in there. Same with the $10k monthly limit.

Also a good reminder that DSPP transactions are limited to $10,000 per month.

Nice update starting at 41:40

Some are claiming MGX is sitting on a $80 Billion CAD (yes, with a "B") deposit of Magnesium.
https://ceo.ca/xmg

The Driftwood project is getting looked at again for its magnesium potential.

Facebook post showing drilling video from yesterday is out.

Avg Vol - 1,429,332
Days to cover 2.8


Share Data:
Float - 114,000,000 (7/1/21)
Issue/outstanding - 300,296,152 (9/20/21)
Authorized - 800,000,000 (9/20/21)

From November, 5 2020 Press release.

https://mailchi.mp/zionoil/zion-oil-gas-drilling-rig-loaded-on-ship-and-en-route-to-israel?e=9f7bed00ed

OPERATIONAL HIGHLIGHTS
Our experienced rig crew has been assembled from Eastern Europe and is completing Israel’s quarantine period. This crew has been with the Zion drilling rig (named “I-35”) for several years prior to Zion’s purchase of it in March 2020.

The crew will undergo an intensive Israeli-required safety training course designed to educate each employee on working with and moving heavy equipment, as well as working from heights.

In addition to the safety training for drilling operations, the crew will undergo an intensive Covid-19 protection and prevention training seminar. Zion Oil and Gas has taken all necessary precautions to ensure each crew member's health and safety during this unprecedented time.

In addition to the experienced rig crew, Zion is hiring twelve Israelis to begin training and gain experience as Zion moves toward building an indigenous drilling crew to support Zion’s future drilling operations.

2nd quarter results have been out since 7/13/21.

https://backend.otcmarkets.com/otcapi/company/financial-report/291313/content

I have been keeping an eye on the CEO.CA/XMG page. Not much happening.