Ann: Hannans - 2nd Quarter Cashflow Report, page-9

With the little knowledge I have on drilling for minerals my take on it is that they have only done very shallow drilling around established tracks.

This I would imagine gives them a broader idea of what lies beneath relatively cheaply rather than clearing tracks into the bush.

I think they are try to preserve the cash they have once the are more confident and will to drill deep.

Agreed this is NMT plaything, that's why I hold.
for them to invest as much as the did should give you confidence this is more than just a punt