They’re just building knowledge of the geological conditions - which will all assist in locating the best targets. Exploration is an IP game, the better the knowledge of the area, the more confidence in getting that hit. If they show some promising results in this campaign who knows they might even be able to strike a farm-in deal with the likes of SFR if they don’t get a deal with MOD - though it might be a bit early stage for what they’re after..
Ann: Quarterly Activities and Cashflow Report, page-4
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