$ZNOG potential issue...Zion cash. Zion had about 18M last Sep. If they burn 3M while drilling and 500K not drilling, include rig shipping associated expenses, not counting what they may get from new unit offering, they probably burnt that 18M by May. They will need alot of cash to finish drilling and well testing, forget about potential production costs. Hey haters will hate, but cash may be a serious issue.
7