"Let's call it a realistic outlook."
No thank you. I will be happy to continue calling it a pessimistic outlook per the definition of pessimism. And still glad to read that perspective.
"They didn't give the exact API for what was found in MJ1. Only that the API was high."
Just because they don't give out every detail doesn't make this a scam. Being protective of a treasure is smart. Giving a road map to it to other entities would be irresponsible to investors.
"How many months ago?"
Easily found in documentation provided to the SEC.
"What's the average time it takes for a contracted rig to arrive at a site, and be setup for the spud?"
Add in factors of shipping from one country to another during border closings and lock downs. Not sure there is a ton of statistics on that since the last time a pandemic hit like this was during the Spanish flu. Extraordinary times requires patience and flexibility.
This so called "largest 3D" covered approx 13-17% of the entire MJ lease, which is still a small area in Israel. Also what exactly have they gone on the record with, what the 3D showed?
And why again did they drill a $20M+ dry hole blind first, and then did the 3D?
Quote: They may or may not ever find oil.
And neither will they care. The insiders get their salaries regardless.
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