At the AGm SRQ mgt clearly said they are puttin a proposla to the bard to split the Co in to Mt Muro and Tritton. If the former gets sold then so be it. Thsiu will be so so long as It's not barred by the fiananciers.
There is also an option in place to have Hillgrove sold for $27m. If this occurs ther is more cash.
So in the end we ahve a Cu mine htta will ge tmore high grade ore from Avoca tank in 12 to 18 months.
Thus with Cu prices increasing realsiticaly the share price should firm.m Unless the (new) management are incompetent (a big if).
SRQ Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
