Guess at least if they secure a mining deal it allows them to relist straight away with "some" cash as they will still be within their prev sector / industry rather than all the issues of a relist meeting new ASX rules around a RTO.
They will still retain existing holding in WBT obviously. Just kinda sux still that it pretty much 3 yrs in the wilderness.
Trust time has been well spent though by WBT getting the house in order sorting out the hangover from prev Mgmt and some way forward again.