Ann: Investor Presentation, page-45

I think no news is good news in this case, more likely waiting time is due to the process.
I don't believe they will be refused,
Remarkable story though, estimates only.
WBE trading prior to suspension - Oil price in covid period Jan 2020 $63
WBE trading prior to suspension - Oil price May 2020 $12
WBE trading prior to suspension - Oil price Nov 2020 $37
WBE stopped trading Jan 2021 - Oil price $49

IF WBE recommences trading Jun 2022 - Oil price $120
Company goes into voluntary suspension due financial crisis, largely brought on by covid and the declining record low oil price.
Ironically if WBE gains ASX reinstatement in June 2022, it will be at record high oil prices.
At least the re entry timing is good.
This could be a very unusual story and hopefully a successful one.
All my opinion.
GLAH