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Sunday, July 22, 2018 8:44:24 PM
Its neutral if the delay is due to mechanical problems or geopolitical considerations. Eventually the reservoir will be announced.
Its good if the Extended Well Testing is taking time because the reservoir is large. The bigger the reservoir, the longer it takes to characterize it.
If ZN management is not trusted, then it could be construed that the delay is a sign of dry hole. I'm not in this camp; have seen scams before and this does not look like one. The scam operator looks for reasons to stop drilling so the contributed capital can be retained for their profit. ZN overcame many obstacles to complete the drilling, which is the opposite of a scam.
Recent ZNOG News
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 04:44:22 PM
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- 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
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:31:00 PM
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