I doubt it too. I can't see SFR interested PAN, but it could be more into MLX. MLX is tricky for SFR, as Nifty hasn't been a great asset for MLX. Renison tin isn't really SFR's cuppa tea.
MOD is still a target and Macquarie seems too think so.
https://www.macquarie.com.au/dafiles/Internet/mgl/au/apps/retail-newsletter/docs/2019-02/SFR190219e.pdf
Sandfire, page-40
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