OK, take two companies with exactly the same peg, ours on the surface, the other under cover. Both end up with the same MRE at the end of a lengthy drill campaign
Now you initially drill at the edge of both. And get a 15 meter intersection.
What is the market reaction to both ?
The one undercover, is hohum, wait until we drill another 20 holes to try and gouge out a trend.
The one with a large surface foot print, and in the case of S5, vertical above ground, (how much is then below ground !!!) suddenly you have a large inferred potential MRE on the one exposed. Thats how i would expect market reaction to vary. Hohum, Vs explosive projections.
So when you are rolling the dice on the table, take that into consideration.
IMO
Not investment advice.
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