Zion Oil & Gas Inc (ZNOG)

[Moses1492]

Face it friends. Once again we are dead money unless we have a ___. Absolutely no positive body language from execs and JB re-enforced no known discovery yet. Management even pivoted to the thought that we have a valuable rentable rig with expertise to lease... a clear pivot.

Should MJ2 not be commercial and we try to stay about our mission, we have to convince Israel to extend lease and we only have a few million in the bank -will cost more than that to plug MJ2 if not commercial and can you imagine the costs to move rig, plan new site and the wait time involved?

The ASM could not have worse. I am disgusted and wondering why the execs even bothered to travel to Israel which I admit raised my hopes a bit. My message to ZN management is thanks for nothing and then rubbing salt in my eye.