Interestingly, 2 of the blocks SYR tried to peg have already been applied for. I wonder if CGG is pegging more ground in anticipation of a Texas stampede.
From SYR announcement 12/10/09
"Syrah Resources advises that it has informally been
advised by the Deputy Ministry for Mineral Resources that 9 of the 11 exploration
licence applications submitted by Syrah are valid. Two applications were rejected
due to pre-existing applications by other companies."
barry fitz writes up syr and cgg, page-4
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