TON has been undervalued compared to SIR for years. Continuity of geology was the reason I got back in way back when, and I had to wait a little while for the crowd to arrive. Nowadays every man and their dog has heard of TON and SYR, and a lot of them have written on the TON threads today. So there is no story of secret undiscovered treasure shadowed by a giant neighbour left. If the analyst finds it "strange", then that just means they can't rationalise it more eloquently. You can't argue with the market, and it is even more futile when there is complete coverage, hence informed price discovery.
What about a story of TON worth $35x their other ASX listed neighbour?
TON $1.50, page-264
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