People always assume that HC has no impact on the market - that is not the case and potential investors seek out sites that seem to be positive.
@Murray146 did excellent research into the progress of the permit application. I think that has indicated to people that the permit is now very likely to be granted.
I suspect that this is why there is renewed life in the SP.
DIRECTOR’S RECOMMENDATION: The Director has fully reviewed the Oil & Gas Development Plan and all supporting application materials and has obtained all information necessary to evaluate the proposed operation and its potential impacts on public health, safety, welfare, the environment and wildlife resources. The Director finds that BNL’s Enterprise State 16-1 (2962) OGDP is suitable for consideration, and recommends approval by the Commission.
BNL Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
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