Just had a quick email from TS as response to a query i raised about the selldown.
He says that one institution is selling down and thats the reason for the drop. He doesnt know why they are selling. My guess is that its probably the big US fund...
Other snippets from the email are
1. the scoping study is now complete (i guess will be released very soon - whether it be today or in next few days i don't know....)
2. He says there are 4 interested buyers on site at Marampa as we speak.
3. He says "buy more now, whilst you can". lol. Make of this what you will, but i'm a believer in TS and he's delivered before.
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