At the risk of announcing my ignorance but in pursuit of reducing it:
You don't know what you don't know.
We would need to see the full drawing to answer your question about milling, tapping & reaming.
The symbol is just for reference, it is not part of whatever is the item(s) depicted in the drawing.I should have clued in because I did see that the concentric circles could be a plan view of the conic section.