Please don't forget that FMG/TAS are currently drilling two holes at Vulcan North. The potential there is huge. Therefore, particularly in the short term, things could change dramatically at TAS.
Rio also had a farm in with TAS at Vulcan. They found nothing walked away in 2013.
Here's some TAS waffle from 2009.
http://saemc.com.au/archive/2012/12smith.pdf
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