Transportation delays due to the Wuhan is what Zion Oil wants you to believe. Is it true? No one outside the company knows.
But there could be other reasons why the drilling rig is still in Romania, well, there are rumors out there. Rumors which get pointed out to me all the time as not being facts, just stuff printed on the Internet. So what I would do is research, on google, something called an arm-in-arm transaction, then research disposal of assets prior to bankruptcy. Both are frowned upon, not saying this is what happened, but it's out there.
So maybe instead of generating more rumors in absence of Zion Oil saying anything, maybe someone might ask, at the annual meeting next week, if there are any liens against Zion Oil's drilling rig being stored in Romania? If they said no, that would settle it, the rumors would be false.
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