I think the majority of debt is convertable notes.
It would be interesting to know the cash cost/ lb lead/zinc will be at the moment. The grades of ore should improve as the restructuring will reduce cost. Obviously metal prices have dropped since the last FY.
If CBH can break even in the next year they should be in a good position as their other mines come on line and Zinc/lead potentially recover in 2010 onwards.
CBH Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
