Look at the long section in the December 16 announcement.Holes...

Look at the long section in the December 16 announcement.
Holes 31, 34, 32 are more or less dusters, and note how they did not comment on what the completed hole 39 hit. That could be a tell, no? So it might be closed off to the north? The results/EM from the holes even further north were not great either.
If the results from holes 35,36,37 come in better than # 30 (so called discovery hole), and leads the market to believe the zone is thickening in long section and width at depth, then great, we're in business.
Any comments re market cap relate to my own analysis of potential in ground value using historical Ni asset acquisition multiples. This is obviously a fraught exercise at such an early stage but that's how you build an informed view as the company progresses an exploration project, rather than just having a punt or pulling a random share price number out of the air.
Good luck to you Sir!