Ann: Quarterly Report and Appendix 5B, page-8

With regards to WE, I recall STX delaying the re-entry of WE3 and retesting of WE5 to save money. They were meant to be done last year. STX also wanted to drill SE1 before re-entering WE3. That's what I remember from the announcements. However, I don't understand why WE5 is taking so long

One positive thing from the quarterly is the operating cash flow is getting close to zero. They need to reduce the money paid to management and reduce corporate costs further IMO.