spot valuation for cloncurry , page-5

maddog

in answer to your question " Is there any downside here "

No, I cant see much company downside in Exco short term at all.

The only downside I can price in right now, is a major world catastrophy, where the worlds share markets fall, and metal prices fall, like the GFC etc.
There is not a very big chance of that, but some small chance.

So all up, very little downside in Exco, until the CCP announcement comes out, when we find out which way that will go, may could bring some small risks, but still not much.

onwards & upwards from here I think.

cheers