Ann: Weebit Nano Q1 FY22 Activities Report and Appendix 4C, page-19

$15,584,000 to come in from options if all are exercised and given they are so 'in the money' we can expect the vast vast majority will get exercised

cash as at end of sept 1/4 was $18,990k . . lets say 19mil

cash on hand . . plus cash from options = approx $34mil

net outflow last 1/4 = 3.5mil . . so using very dumbed down analysis we have 10 quarters of cash. major cash outflow was r&d being over 2mil of the 3.5mil outflow and we will get majority of that back through french govt rebates . . so in reality we have 15++ quarters of cash on simplified analysis . . That is 4 yrs so more than enough to see us through to strong cash generarion imo.

could do more comprehensive analysis but long story short is wbt continue to have amazing cash position and continue to have tight and well controlled outflows . .

if wbt does raise it will be to take advantage of opportunity to accelerate and not because they need money to keep the doors open