If it goes into admin, the shareholders will lose everything and The bank will sell the company for what they are owed (plus a little more). They will get their money back.
I see Magna then picking up the rest of company and putting it into C&M until the silver price picks up. It won't be the first time this has happened.
As long as CCU can service the interest on the loan and then some, I think CBA will refinance under a longer repayment plan.
Lead credits haven't come into the picture yet.
But the Price of Silver isn't playing ball.
CCU Price at posting:
12.0¢ Sentiment: Sell Disclosure: Not Held