Saturday, January 29, 2022 11:31:24 AM
I thought Zion communicated too much on MJ01 to public investors; they gave blow-by-blow drilling/testing details much like I would with a small group of private investors. This vast amount of detail, often provided without context, was a premise for law suits (later dismissed).
And they are for sure communicating too little on MJ02. As you noted, that is at least partially due to Dunn's style, which I suspected after watching him on video. Other potential factors are being gun shy from the lawsuit threat, and the Israeli government potential restrictions.
We don't know if there are Israeli restrictions on communication. But if there are restrictions, part of the restriction could be to not say there are restrictions. The efforts they take for national security are beyond our everyday paradigm.
In any event, your proposal of a formal investor presentation is a very good one. It will avoid the mistakes of MJ01 communication, and fix the current dearth of info for MJ02. This could be director lead as you noted since the 1st responsibility of the directors is to represent the investor's interest. Add me to the chorus of voices asking for such a timely presentation.
A note on 3D info - Israel does not make it available to others until an operator abandons a license/lease. Until then, its the operators confidential info to share as they see fit. After that, Israel makes it available to others whose exploration efforts would benefit from having the info.
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