Ann: Half Year Accounts, page-3

I suppose if there is a positive its in the loan detail;

(i) The loan of $950,000 plus accrued interest of $244,931 was provided to WBT to fund ongoing development and commercialisation activities. The loans are accruing interest at a rate of at a rate of 20% per annum.
The Company has an option to increase its shareholding in WBT to 51% pursuant to the subscription agreement through the conversion of the loans to equity and the payment of a further $555,069 as at 31 December 2016.
The recoverability of these loans is dependent on either Nemex exercising its option to increase its shareholding in WBT to 51% or WBT generating sufficient funds in its own right to repay the loans.

Good interest rate.......20%
Cash at hand at 170k.

And update now in near future.....strung out again.....maybe something not right.

"Wavefront advised that it had commenced further independent validation testing at Purdue ICBR in January 2017 and the results are expected in the near future."

Oh well.......