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Re: Stock post# 1478

Friday, 12/17/2010 6:23:23 PM

Friday, December 17, 2010 6:23:23 PM

Post# of 54271
The "Largest expected mean field size" in the "Levant Margin Reservoirs AU" is 177 MMBO. The price of ZN stock reflects a 95% discount to it's potential value on just one drilling prospect. We know ZN has multiple drilling prospects so judging by the size of the float lifting the stock to an 81% discount on just one play isn't that unrealistic. That's likely why the warrants reflect a price of 19. jmho
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