Followers | 131 |
Posts | 4727 |
Boards Moderated | 0 |
Alias Born | 05/10/2004 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, April 11, 2018 5:44:06 PM
I think there will be a very good result to the test and the find will be VERY high pressure, so what they will do is perforate the casing between 5000 and 6000 feet. The geology at that depth is quite "porous" so the high pressure deep find will migrate to the lower pressure porous zones and this will have the net result of the high pressure hydrocarbons spreading over the whole of the lease. This will, in effect, create a lower depth field that they will be able to drill at significantly lower cost.
So, instead of having to punch multiple very expensive deep wells, they will, in effect, have a big, moderately deep, "low-cost-to-drill" field that underlies their entire lease.
Thats the way I see it happening. Pretty cool if it happens. We'll see.
As to the short artists returning en-masse' next week.....
If the short sellers actually show up again, it will be after the 10th because they will be guessing that a lot of people will cash in the new shares. They will expect "dumpage" by folks who recklessly thing the gifted shares are a kind of manna from heaven that they can shake out of the long-n-strong faithful.
The problem with this line of thinking is that the actual arrival of the shares is entirely open ended because the company controls the timing in the date of issuance of shares. Since the short artists could see themselves getting smashed by the company using its power to control the issuance date, it may be that there will be a lot less shorting than most are speculating will happen.
Since the tests will be actually completed fairly quickly, the company can reasonable delay issuance and not be seen as being irresponsible, and if the tests are tremendous, it will be impossible for short sellers to time a short attack because there may be little or no time between the delivery date of the issued shares and the announcement of the good news. I mean, if it were me running the company, I'd manage it to the millisecond to effect the decision making of the company's short-side foes.
So, it may actually be that shorting is NOT likely next week (or before the announcement of the news.... 2 weeks to a couple of month's ouit in the future).
The fly in the ointment is that, if the news is incredibly fabulous, the Israeli government may try to force the company to limit the enthusiasm due to military concerns.
Whether the government can squelch incredibly fabulous news is, in my opinion, highly questionable. Its simply a truism in the markets that somebody ALWAYS knows somthing, and this means that tremendous news will be impossible to hide. By that time, however, the short artists will have lost their sliver of opportunity. So nete/net, I don't expect there to be a massive short artist attack.
We'll see, I suppose.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
Recent ZNOG News
- Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 08:00:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 07:38:34 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/26/2024 07:37:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 04:44:22 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 01/29/2024 04:43:39 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/25/2024 07:42:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 02:54:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/10/2024 09:31:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/09/2024 07:45:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/08/2024 07:33:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/08/2024 07:26:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/08/2024 07:19:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/08/2024 07:08:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/08/2024 06:58:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 04:50:59 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 12/20/2023 04:49:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 07:38:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/06/2023 05:43:07 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2023 02:38:05 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 11/06/2023 02:35:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2023 03:35:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2023 03:09:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/29/2023 06:24:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/28/2023 09:02:26 PM
FEATURED POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM
Duane Forrester Joins INDEXR as SVP of Search • MONI • Jul 31, 2024 11:46 AM
Lingerie Fighting Championships Help Fulfill Death-Bed Promise With First Major Motion Picture • BOTY • Jul 31, 2024 9:00 AM
Kona Gold Beverage Significantly Reduces Debt from Multiple Holders • KGKG • Jul 31, 2024 9:00 AM