RE: Top up4 Jun 2026 20:30
So doing research of if this if that scenario for TYM's future share price.
1. They have a current ridiculous share count of 5.15 billion shares in issue.
2. If they prove the indicated resource of silver in the ground.
3. TYM obviously can't afford to build a mine to get the silver out of the ground so will need to sell up or joint venture. More chance of selling up due to enormous cost of mining extraction.
4. A major would have to be interested in buying and taking on the asset.
5. So we are easily 1 year away from proving the resource.
6. We know TYM will run out of money again and another placing will happen but let's ignore this for now.
7. Long story short the SP currently is 0.055p the best SP achievable with the value of silver at today's prices would be 0.26p - 0.46p. So for long term holders a waste of time, maybe if you buy in now and everything runs as perfect as perfect can be you could make a profit.
Now before you lot jump up and down about Sweden, TYM in an RNS said there was no plans to develop it even if they won their case with the Swedish government.
Good luck to those who buy in cheap, good luck to those who think they have hit the jackpot. I don't believe there is an indication of how much copper there maybe as all I remember was that initial samples there was not alot of high grade copper. So again many more years down the line before we know, many more placings to keep drilling to find out.