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Todays RNS is another example of the progress that Summit are making on its new platforms which will generate further shareholder value in the coming months & years.One day an RNS announcement will finally propel the SP northwards.GLA.

Holding RNS now required John totally support you but this cannot continue.

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SI Capital completely refute comments made about Nick Emerson earlier today.
6:46 PM - 1 Apr 2019

Hi Marmited - You are right Letters of Intent is normally the preliminary stage of a full contract & will include the various headings that the final contract will have in it.It maybe that there now has to be due diligence etc but by announcing it in an RNS shows the significants of where we are.

Summit Therapeutics advancing its pipeline of innovative antibiotics - Richard Pye:

https://www.proactiveinvestors.co.uk/companies/stocktube/12766/summit-therapeutics-advancing-its-pipeline-of-innovative-antibiotics-12766.html

Pharma ‘spews nonsense’ on antibiotic R&D: Jim O'Neill:

https://www.fiercebiotech.com/biotech/

Todays RNS

It is good to see a profit was made but a 'paper profit' due to it being based on releasing deferred revenue for which most of the cash has already been received.Progress is clearly being made but the 'Elephant in the room' is still that a fund raise will be required in order to extend the cash run way beyond January 2020 as detailed below.Until the funding issue is resolved I cannot see how the SP can significantly improve this year.

Extract from the Notes to the Accounts:

'The Group is evaluating various options to finance its cash needs through a combination of some, or all, of the following: equity offerings, collaborations, strategic alliances, grants and clinical trial support from government entities, philanthropic, non-government and not-for-profit organisations and patient advocacy groups, debt financings, and marketing, distribution or licensing arrangements. Whilst the Group believes that funds would be available in this manner before the end of January 2020, there can be no assurance that the Group will be able to generate funds, on terms acceptable to the Group, on a timely basis or at all, which would impact the Group’s ability to continue as a going concern. The failure of the Group to obtain sufficient funds on acceptable terms when needed could have a material adverse effect on the Group’s business, results of operations and financial condition.'

I seriously thought that after yesterdays RNS the SP would rocket & I have my fingers poised to make a small top up & currently my 110,000 shares are 83.57% down.Surely yesterdays news was positive however my fingers are still poised & now I wait.

The current SP is sheer madness & driven by the 'MM's' & it always happens on AIM if there is there is a lack of good news.What matters is that there is a project plan which we have.Rome was not built in a day nor can you rush due diligence as I know myself.I think that no news is good news as it means things are still in progress.Time for patience & I may now my look under the mattress to see if I can find more funds to Buy more shares at these knock down prices.Remember this project is too important to fail & will not !!!!

Summit Therapeutics Has Started Attracting Institutional Investors Again:

https://seekingalpha.com/article/4250804-summit-therapeutics-started-attracting-institutional-investors#alt1

Loosegoose - Happy Birthday & I agree with all that you said & is exactly how I was going to put it.Good RNS's this morning onwards & upwards.

I topped up my wife's shares today just to round up & Bought 245 shares which are showing as a Sell & should be a Buy.

Hi Dawski - I so agree with your post & took the plunge this morning & sold some shares in PYC at a loss in order to Buy a further 150,000 shares this morning.These shares are now going, in my opinion, up.Currently SP is a bargain.

Thanks for the post it makes for a good read & if, as I do believe in the project, the current SP makes for a very good entry point which in my opinion with a high degree of a quick return this month.

Hi All I am hoping we will end up Blue today & not a further drift down of the SP due to the vagaries of AIM.If you believe in the INFA project the current SP is as 'cheap as chips' & for some an opportunity to average down.Lets hope that this weeks presentation will help bounce the SP back up.Onwards & upwards.

Thanks Ralphiebabe for your posts hopefully we will get a formal RNS nearer the time but it is good to see the results of their current work.I am hoping for better things this half year & a more realistic SP i.e. higher.

Hi All,
I am sure ,based on yesterdays RNS, the good ship INFA will make it's destination but todays RNS was a disappointment.Roll on next week & I still see the INFA share a good risk.

Hi All - I have just arrived back from a walk & checked for an RNS & to my pleasure we have received an update which as far as I can see has no downsides.Rome was not built in a day & a project of this size is no exception.Extra time is needed but we still have a path which I am sure will lead us to a positive outcome.I would say that at the current SP as I type it is a steal & todays positive RNS will I am sure give comfort to future investors.I have consistently said for many years that this project is too big to fail & I have at no time doubted that.

Physiomics PLC@Physiomics 5m5 minutes ago

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CCS1477 now in patients. R&D through an experienced core team and multiple specialist expert CROs.
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$1.86 (closing price) 1.325 (exchange rate) 1.86/1.325 = £1.40 /5 = £0.28p