Ann: Quarterly Activities Report , page-12

Debt has been invested in growth and development,
It hasnt been wasted and it will be paid back with ease once silver hedges unwind at the end of this year,

Debt is not an issue for me at this stage,
Liabilities are very manageable they will have to borrow a lot more and lose it (unlikely with recent track record and asset prices so depressed) in order to run into any trouble,
Hopefully the exploration at Broken Hill that was scheduled to be carried out over the last few weeks will yield great results.
With this development at the bottom of the business cycle I think that management should be commended. In a few years earnings per share will be more than the current share price IMO.