South Australia is a big place.After drilling two holes would...

South Australia is a big place.

After drilling two holes would you give up on the whole state?
Teck has proven that if you drill enough you can flush out the elephants. If every exploration co gave up after a month of drilling there would not be many new mines in operation. Gone are the days when great lumps of metal was poking out of the ground and all you had to do was walk up to it.
Persistance is the one thing that get results and a bit of luck would not go astray when you are looking for a needle in a haystack or a mineral deposit under half a km of cover.
One hole at each anomaly is barely scratching the surface. So they need to do more homework on their gravity survey or are saving the Pernatty tenements for a jv with someone that can afford a reasonable drill program. It's only early days as far as this co is concerned, still at the crawling stage and a long way to go before it's a write off.