Hello I like Cbh Resources very much and I agree that they are...

Hello

I like Cbh Resources very much and I agree that they are trading to cheap at the moment.I do not want to start a fight but would most agree with this as debt. In CBH Resources 2007 Annaul Report they mention that they have during the year issued $200million 5 year unsecured convertible notes that carries a fixed interest rate of 7.25%.In my opinion I would call this a form of debt as they have to pay 7.25% on $200million every year.Does any one know how much a good zinc and lead,etc mine cost to build.Alot 100+million maybe.And I will mention that I would buy Cbh shares at this price if I had any spare money left over.But most of all I think Perilya and CBH Resources would be a very strong company if they merged together for many reasons.Please correct me if I am wrong.