spot valuation for cloncurry , page-2

Thanks Noellyn for previous comment glad you got a laugh.

Noellyn based on your estimates alone just for CCP this would roughly equate into $1.23-$1.37 per share.

Of course this valuation does not include/factor in the following:

Whitedam.
Any further resource upgrades.
Any new discoveries.
Any infrastructure investment.
Any other company acquisitions.
Further commodity price increases (especially copper).
Currency changes.
Takeover premium.

Is there any downside here? Or am I missing the bigger picture. Love to see Jako's chart/s based on say a Sandfire Recources type of run.