AFR Street Talk has a snippet saying that Euroz found buyers for 18.7m shares worth $59m:
http://www.afr.com/p/opinion/euroz_puts_together_gryphon_minerals_2EzI1LWa29G1iKwQH1ZLWI
They're selling GRY shares tomorrow for 19c.
The PIR shares sold for 85c, so a new price has been established, once the market saw the big trade go through. PIR is becoming good value at this price.