AVO Technical Update due15 Mar 2019 21:47
I am quite surprised with the volume of shares sold today, could not resist topping up once again at 0.38p..
It was only on 12th February 2019 the company advised via twitter @AdvOnco :
" We're on time. We're absolutely on time for our milestones"
The next milestone completes the end of this month Q1 2019. It is a major milestone which includes the assembly site at the Daresbury Laboratory receiving all the components, this started as advised in the RNS 10th October 2018.
However more significantly the milestone due to complete this month also includes "LINAC components installation and testing at 230 Mev"
230Mev will be the maximum acceleration required for LIGHT, following which the installation will be transferred to Harley Street where shareholders have been advised the components will be installed and commissioned during Q2-Q4 2019, with regulatory approval and certification being done in parallel, The board and research reports also advise Harley Street is on track to receiving its first patient in H2/2020E.
I am looking forward to the next technological update IMO very soon and hopefully following this further updated research reports from Hardman and goetzpartners.