"a lot of selling around the 2.7 - 2.8c"
should read a lot of buying because without buyers there will be no selling. The SP is up, so it is the buying that is taking it up.
We talk about selling when the SP is taken down by the sellers.
Also, a Chinese company has farmed into the drilling of Canning Basin tenements near TPL. Canning Basin could be the next hot spot.