re: 300% - 2005 upside potential hi sb200, what i like a lot is...

re: 300% - 2005 upside potential hi sb200, what i like a lot is the fact that they are controlling this huge resource with only 155 million shares on issue.
This is after the recent share placement.
To fund the first mine they will issue new script in combination with debt and even then we are looking at a maximum of around 250 million shares and CAPEX for the mine out of the way.

Shawn stockbroking put a valuation of $1.61 on TYC and this is for the Reko Dig project only.
Once the Reko Dig project is up and running they have put a price of $2.40 on TYC.

This price will keep rising as the Western Phorphyries are getting closer to production.

Look at their website for the latest info from Shaw stockbrokers.

jojo