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.

MARA produced 22.6 more bitcoin in June than RIOT (265.6 vs 243) @ 32k that's $720k more.

They are now caught up with their form 7s.
https://www.thecse.com/en/listings/technology/zinc8-energy-solutions-inc

This time around they are at a premium. .59 per option while we closed at .43 today.

Again, those are options not shares. They would have to exercise them at .59 (pay cash to Zion) then sell at .40. Not a very good move.

I believe we have had this discussion during MJ1. And the conclusion was the salaries, although high by my and many other's view, are reasonable given the industry and position.

Also they were given options, not stock. They will be required to pay Zion $118,000 (0.59 X 200,000) in order to exercise those options. They dont make money off the options unless the share price is higher than that. So it is a way to incentivize their performance and not a right now bonus.

Short interest 29.37% as if 5/15/21 according to TDA. When is the squeeze going to start?

The Hammer is the MVP of the crew.

More things happening.

https://ceo.ca/@accesswire/zinc8-energy-solutions-announces-the-signing-of-a-demonstration

Thing are happening, from the most recent Form 7;

"The Management was active in working with ‘Scale for Climatetech’ a New
York State manufacturing accelerator after having been selected to
participate through a very competitive process. The Accelerator selects
companies moving from product development to manufacturing and
mentors them to de-risk the manufacturing Process. The management
continued the planning for the transfer of the Engineering team to its new
location in Richmond, which will be also be the pilot ESS production site."

Correction or Bubble bust?

Currently it looks like RIOT has 11,542 miners in place getting 1.06eh/s. With orders to make that 37,642 and 3.8eh/s by the end of the year.

MARA in contrast will have 6,560 (once the last shipment is installed by the end of the month) and .688 eh/s and orders to make that 103,060 with 10.36eh/s capability, but I am not seeing when they will be fully deployed. Only anticipated deliveries of 6,300 in March and 4,800 in April.