CR in 2 years? darrenpincini you could be right.However, item...

CR in 2 years? darrenpincini you could be right.

However, item 8.5 from page 9 of the 10 page lodgment to the ASX by WBT on 28/10/2022
titled "WBT Q1 FY 23 Activities and Appendix 4C" stated:

8. Estimated cash available for future operating activities $A’000
8.1 Net cash from / (used in) operating activities (item 1.9) (2,424)
8.2 Cash and cash equivalents at quarter end (item 4.6) 48,026
8.3 Unused finance facilities available at quarter end (item 7.5) -
8.4 Total available funding (item 8.2 + item 8.3) 48,026

8.5 Estimated quarters of funding available (item 8.4 divided by
item 8.1) 20
Note: if the entity has reported positive net operating cash flows in item 1.9, answer item 8.5 as “N/A”. Otherwise, a
figure for the estimated quarters of funding available must be included in item 8.5.

8.6 If item 8.5 is less than 2 quarters, please provide answers to the following questions:
8.6.1 Does the entity expect that it will continue to have the current level of net operating
cash flows for the time being and, if not, why not?
Answer:
The company received an R&D related refund of AUD $5.6m from the French
authorities this quarter generating cash from operating activities. The amount at
item 1.2(a) is the net cash flow after deducting the R&D refund.
8.6.2 Has the entity taken any steps, or does it propose to take any steps, to raise further
cash to fund its operations and, if so, what are those steps and how likely does it
believe that they will be successful?
Answer:
8.6.3 Does the entity expect to be able to continue its operations and to meet its business
objectives and, if so, on what basis?
Answer:
Note: where item 8.5 is less than 2 quarters, all of questions 8.6.1, 8.6.2 and 8.6.3 above must be answere