Replies to post #31735 on Zion Oil & Gas Inc (ZNOG)

[microcaps1]

note -this fundraise does not foreclose any possible buyin partnership etc- those things take time due to negotiation and are often not disclosed til finalized due to nda's-non disclosure agreements, which are very common

and logic would require a fundraising protocol separate and apart from such bc you can never predict w 100% accuracy whether a successful negotiation will be concluded

i have no proof of such negotiation- but circumstantial encouragement comes from delek's buyin of the concession abutting zn on the west

[Porgie Tirebiter]

The warrants are essentially free.

And that's the giveaway.

They're free because the company knows they will have no value at a $2 strike for the life of the program. In other words, investors should look past all the company's obfuscation in that filing and realize that what the company is really saying is that ZN itself is certain there is zero chance of revenue prior to August 2021.