very true-
and while zn is a wildcatter onshore israel and not drilling in the permian,
the irony is everyday zn is closer to a commercial field than ever while simultaneously sporting the lowest pps ever, due to the things you mentioned etc
so for those who can afford the risk there are potentially very great rewards - june 2018 zn was the 5th fastest growing stock on the russell index at a pps 10-15 x higher or so
we know why zn was targeted so that gives us comfort-after watching the stockholders meeting june 2018,that unprecedented witness eventually deserves a reward
a lot of indicators fully posted before converge in the area of zn's concession
i'm sure that is not lost on delek, who had a 70% buyin of the concession adjacent to zn's concession recently and probably would like to buy into zn's concession if zn allowed