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Re: None

Thursday, 05/12/2022 5:43:42 PM

Thursday, May 12, 2022 5:43:42 PM

Post# of 54126
Each Application requires bank guarantee of 100K shekels

As is stated in the Application Process. If they win, they would then have to acquire a bank guarantee for 10% of the proposed work plan costs. This 10% could be extremely high if it includes production build out plans as well as drilling MJ03.

I would really like to see what they defined as their WORK PLAN, describing what they plan to do within the lease area over the course of the three years. smile.

This is very expensive to say the least, so Zion must have something that makes them believe moving forward with the License area is going to be beneficial to the company as well as the shareholders and that they can actually afford it.

Application Guidelines
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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