At current $160mil valuation for a 60% stake in the project - I would say whatever result is already PRICED in - bad result it will drop like a lead ball.
Average result it may move 5% to 10% and fall back as its already PRICED in at $160mil for zero drill assays to date.
If they hit 80+ meters of intersection (which they won't) it may jump 20% to 30%
The calculus is this simple here imo.
Banter and general comments, page-285
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