Is the chart target according to Vox Markets.
These used to be 32p don't forget and they have better assets and prospects now.
I know there is really shares in issue but we only have a £7m market cap whilst other resource companies, GGP for instance have a market cap of around £50m.
Plenty of upside here.
Nai/DYOR
No one talks of the gold assets and the royalty payments we are due from them.
Those alone, never mind the $3.9 billion of Fluorspar assets could make a mockery of this market cap.
Nai/DYOR
Bet we will get lots of newsflow over the next few weeks also. I reckon Possehl know what's coming. We know TYM are doing due diligence on a "near term revenue generating asset".
Think we will hit the chart target of 8.26p on that news when it arrives.
Nai/DYOR
RE: 42M Placing Shares - 20th Dec!12 Dec 2017 17:52
The placing has actually worked in TYM's favour imo as it's taken all of the doubt and anxiousness out of the worry of a placing and now it's been done which should see TYM financially sound for at least 6 months then the sp is free to move.
Nai/DYOR
RE: 42M Placing Shares - 20th Dec!12 Dec 2017 17:44
There's a rumour in the market that a single investor took the whole placing which if true would be good.
Those placing shares have been well and truly churned already anyway.
We had that volume alone today.
Nai/DYOR
Same happened at VAL. Loads selling for 100, 200, 300% gains and I waited for 600% for majority of mine. Not bad for a weeks work.
AIM here is 10p per share by year end.
Nai/DYOR
Have a look at how much cash Possehl have on their balance sheet lol.
They could take over TYM for £50m and it wouldn't even matter to them.
News could come at anytime here so wouldn't like to be out overnight !
Nai/DYOR
Better than most people. We test 4.1p this week imo
Nai/DYOR
Told you29 Nov '17
This is one of the most underrated resource stocks left to not see 10-30 x rise off the floor.
It's still on the floor at 0.7p.
Broker target is 9p so should see over 1p once weak holders are out later today.
I can see 3-5p soon.
The resource is worth over $3 BILLION !
Co capped at £2m ? Bonkers
Fluorspar price going up also.
Nai/DYOR
Target 4.1p and 8.26p
Nick has been on fire recently with likes of VAL etc.
Negotiated buys all day.
Time for 4.1p first.
https://www.**********.co.uk/blogs/nic-charts-today-audioboom-boom-prospex-oil-gas-pxog-tertiary-minerals-tym/
Nai/DYOR