confirmed october restart 100 million profits, page-5

Thursdays website presentation containing restart news and other key info, unfortunitily was not submitted via an ASX announcement, by CBH.

CBH have 4000 shareholders.....how many checked the web site in the last 24 hours....maybe about 200 if that.(If you read hotcopper, at least you know.). Whereas ASX disclosures highlight info to brokers and investors, in a much better fashion. The big retailer David Jones for example, put out an ASX advice, that their web site has been updated.

I asked the company in May, when also there was a presentation, if they would lodge an ASX advice in future. CBH said in May they would consider next time. Have sent them off an email, suggesting that most every other Company sents this sort of info, via the ASX.

CBH boss Bob Besley has been in charge for almost 20 years. If you ring the Company for an investor quiry......you are just as likely to be directed to Bob.
He is excellant (and very busy), and we do not want any changes......but one or two little things like this.

Certainly Bob and other senior Management are past the stage of hyping up the shareprice.

What was stated in that presentation is correct and maybe even a little on the conservative side. Sulphur Springs will generate profits of $100 million PA and Broken Hill production is one third that of the adjoining PEM operation (PEM has a market cap of $600 million).

CBH has been working on each of these two projects for three years. They should add 80 cents or $600 million to the cap of CBH....whenever the market decides to wake up on this one. Broken Hill will get up first, maybe in late 2007 (14 months time) and Sulphur Springs, WA ,thankfully is open cut for early 2008....(18 months)