Meh. With no real information about what kind of game this is, it's kinda hard to muster any interest. Given Tolkien-based games have been a mixed bag ever since The Hobbit adventure game back in the early 80s, this could go either way - if it even sees the light of day (remembering Amazon's failed LOTR MMO last year).
Inasmuch as I'm almost bored to death with open world games now, I would admittedly be interested in wandering around in a Middle-Earth open world. Granted, LOTRO pretty much covers all that already but it's 15 years old and certainly showing its age.
Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn!