Zion Oil & Gas Inc (ZNOG)

[420man]

This is why it's dropping----> Zion submitted its proposed drilling plan to the Ministry for approval on April 12, 2020, and after considerable work by Zion and Ministry personnel, received plan approval on July 29, 2020. Zion's plan anticipates drilling activities will commence in mid to late third quarter, 2020. Barring any unforeseen circumstances, Zion expects it will take approximately five months from spud to target depth to drill the Megiddo Jezreel #2 well.

They got their $ from the pump to proceed,but it's going to be a long wait till they can produce #'s.

Not to mention it's a Friday and oil is still @$40

Stock will go down and become dormant until end of year. JMO

GL