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Re: oilsleuth post# 25000

Friday, 04/20/2012 9:16:03 PM

Friday, April 20, 2012 9:16:03 PM

Post# of 42999
DS

As a side note, an application for a licence renewal must be made before it expires but would be determined AFTER the expiry date when all information pertaining to the licence is to hand. GSLM's annual reports on work completed during the tenure of EL 14/2009 would not take long to read.

When some contemplate an extension of the licence they seem to have in mind that MRT might determine and announce a continuation of the licence PRIOR to the expiration date (preferably tomorrow, of course). There is no provision in the Mineral Resources Development Act for that to happen.
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