Like I said, I could be wrong but there is word in the market of a massive copper vend coming in.
The other potential is a sale of the Perenjori pig iron that SRN own. SRN are updating the scoping study. It's 320mt of Fe. It was worth $223M back when IO was AUD$120. They could fetch 10x their market cap in cash now for it.
Either way it's worth a punt IMO. I'll take a copper vend or an IO sale for AU$300M.
