Based on todays volume and information from tierradelfuego, I would tentatively guess that the TAM related selling is now over.
Price seems to be holding steady even on a still falling POG.
I would guess most of the sales have been taken up by small/mid holders who will probably never need to make ASX ann.
Hopefully POG holds tonight and Friday in which case I would imagine we would start to see some gains next week.
ABU should be sending another consignment of gold to Perth Mint very soon according to last ann. No doubt Darren will be releasing another update next week sometime. Ore extraction should be complete in probably another 2-3 weeks at current rate of progress. This will allow time to concentrate on analysis and planning for stage 2 whilst finishing off processing.
Looks like full ML is well on track. According to this link (www.core.nt.gov.au/Content/File/InvestmentAlert/MiningDevelopmentsInTheNT.pdf), only Environment Impact Statement is required for project. Having said that, it is only a summary and final approval probably rests on other information.
In the words of Bruce: Go ABU!
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