DUB, how many mining companies do you know that are trading on a PE of less than 5?
As long as they have a decent interest coverage ratio, what is the problem with having debt?
Assuming LAF get their PLO, this company could go as high as 30c based on its f'cast FY07 EPS, and that doesn't allow anything for their exploration work that gets under way this month.
http://www.lafayettemining.com/documents/ABN%20AMRO%20Research-121206.pdf
my opinion is just that, DYOR
LAF
lafayette mining limited
