I have a few thoughts about it...
1. If we know there is a strike running underneath.. why not to secure another 8 m... probably worth a lot more than the administrative cost (about 300 AUD from what I check in a few other applications).
2. If we are able to negotiate with Silva Lapa to get some of the east tenement, having a strip which we cannot touch in the middle of our operation would be madness.
3. avoid someone else claim this land and then having to pay them to get it transferred.
Today I was checking again and seems like they have attached this strip to the land which has been removed from the tenement 830833/2001. The only thing I can think is LRS will get tenement 301354/2022 - but this is only my thought / desire.
Below is a zoom in of the corner showing the merge of the 8m strip and the "new land released":
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