I was there two weeks ago and asked at Aragorn's what was happening. Jeremy's brother left and went back to England. He had initially told me they were going to reopen. Nobody knew at that time what was going to happen. It's still closed as far as I know.

My guess is that the government may not want it to reopen in consideration of their ongoing desire to develop Beef Island. Getting a trade licence for any business there may prove problematic. That's just my thoughts. I could very well be off the mark.