I'm not so concerned now about SRQ going belly up especially...

I'm not so concerned now about SRQ going belly up especially with the Cu price improving and the AUD$ around 76c to USD.
At current the Cu price of US$2.74 equates to AUD$3.58/lb, any improvement back to even US$3/lb and SRQ will be getting close to AUD$4.00/lb, I think this will happen over the coming months.
Too many analysts are too pessimistic about Asia, in Thailand today it was announced that the MRTA (Mass Rapid Transit Authority of Thailand) will ask the cabinet for approval on a joint monorail plan in 3 weeks time. The project would be a co-investment between the private firm and the government to bring the Lat Phrao-Samrong and Khae Rai-Min Bury monorail projects to life. "The transport minister will then seek cabinet approval. The construction of both monorails is expected to cost approximately 62.8 billion baht."
Thats US$2 billion and its only considered a small project compared with the China, Laos, Thailand to Singapore high speed rail network currently being planned.

Straits have ramped up production and a lot $$ have been spent on improved maintenance of equipment which should give a reliable performance going forward.
Standard Chartered Private Equity Limited would be crazy to pull the pin on SRQ, being the largest shareholder they have a lot to lose . Standard Chartered Private Equity Limited would prefer to see their money repaid and their investment stake of 214,663,735 shares 17.6% go up in value.
I think SRQ shareholders will get good news but obviously it will take some time to repay the debt, but if the copper price goes back to US$3/lb or more SRQ will be able to take significant steps to reduce it.