JRV claimed that its application for the Brockman tenement will be fast tracked and grant of the licence is anticipated to occur in Feb/Mar.
This is a big call since the warden only recommended E47/1629 for grant on 26/9/2006. No doubt that the directors will be applying pressure on the DoIR since they will not be able to book RC drilling equipment until the tenement becomes live. Another critical factor is that drilling equipment is in very short supply and so they will need to move quickly if Brockman is to be drilled during the forthcoming field season (Apr ~ Nov).
JMS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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