Member Info for meldrew44

In the Operational Update RNS of 30/11/16, Nicolas Serandour said: "We are aware of investors' concerns over a more detailed roadmap for the final stages of development and installation at our first site and I expect to be in a position to outline these to shareholders in Q1 2017." I assume that is the purpose of the presentation.

Maybe Zurich because AVO's research establishment is in Switzerland.

That might be involved but there could be other reasons. China is a very authoritarian country and managers who fail to perform stand to lose far more than just their jobs. The pressures for the hospitals to meet their construction targets would be enormous. It means that faced with a choice between a proton therapy system from small little company without a finished product and an established company that says it can guarantee delivery on time, the managers responsible for the Hospital development had little choice but to cancel the AVO deal. Sinophi is experienced in the ways of China so can be expected to have gone with the flow to protect themselves. Sinophi would be anxious to keep in with the Chinese. It might be all about Chinese politics and little else. AVO would be equally keen to keep things sweet for themselves in China and not make enemies or appear a difficult company to deal with. It would explain AVO's readiness to reach an amicable settlement and repay the cash. It would be about not burning boats, not making enemies in China and about keeping doors open for the future.

The chart is showing a definite 'W' pattern. That is often followed by a rise.

That is interesting. When I first read it, or a previous version of it, a couple of years or so ago, coupled with what AVO said in their Investors' Day Presentation in November 2014, I was under the impression it meant that hospitals would buy just one standard LIGHT machine that they would be able to adjust to the needs of the treatment the patient required. It seemed to make sense. In fact, it still makes more sense to me that it should be so, otherwise we could be talking about a hospital having, perhaps, multiple LIGHT machines, each one for a different type of cancer depending on the number of modules in each machine. Alternatively, they might decide at the outset what types of cancer they would treat and buy a LIGHT machine that could only treat those types of cancer. Just thinking out loud really. The conclusion I have come to is the most hospitals would probably go for a standard machine that could treat a variety of cancers by themselves varying the beam. That is in fact what I thought AVO was offering, although I could imagine AVO also selling a specialist eye hospital a machine that might only be able to treat eye cancers.

Archbishop. Please post a link to where AVO says what you have posted. I cannot recall seeing that said before.

kenj I have heard reports about similar events concerning other AIM companies in the past but never about the regulators doing anything about it. Is it the case that the regulators are not interested unless something goes wrong with a company?

Exactly so 938MeV. But try telling that to TW and some others. The nearest I've heard of to something approaching what AVO has is recent research in the USA into laser beams that are directed through an appropriate substance to produce a proton beam. The Americans hope that they might, one day, be able develop that into a cheap and compact linear proton therapy machine. It demonstrates just how far ahead of the pack AVO is.

AParky. If you think that those on this forum are bad, you should look at the ADVFN forum.

The market seems to have given him the thumbs up this afternoon.

938MeV. Perhaps it's worth pointing out that LIGHT does not use a synchrotron either.

Kenj. It is very easy to say that someone should know something, especially if they are obviously very intelligent but, in my experience, many people, very intelligent or not, don't necessarily understand details that other people with different expertise consider obvious. Do you know everything you should know? If you do you are unusual. He might not have given a second thought to the ramifications when he bought, especially if his mind was on something like his next operation. It happens.

On the other hand, perhaps you are trying to make something out of nothing?

Glib. The milestone payment and the deposit were just two names for the same thing. There was only one sum of money to be refunded, not two.

kenj. Out of the kindness of my heart I actually used up some of my life working for you when I should have been doing something else. In their RNS dated 30th November 2016, AVO said that they were confident that the technical development of LIGHT has been proceeding as expected. Regarding the cyclotron issue. AVO and CERN have always been adamant that LIGHT does not have a cyclotron. Both you and TW say it does. If you two are right, it means that CERN and AVO are both lying about the science behind LIGHT. That is an extremely serious matter. If you have proof I suggest you make sure that the appropriate authorities are made aware of it, especially as senior scientists at CERN are involved. It is not that I am a great fan of AVO management because I am not. But I do like information to be correct.

kenj. As you say it was a long time ago. I am currently looking at a hard copy of the schedule which I printed at the time on which I have hand written 27/11/14. That should enable you to find it. I believe that the other statement was fairly recent. It might have been in an RNS or a presentation. I cannot remember which or when but I can remember reading it. I am not being evasive but it would take me time to search through and find the sources and it is time I don't have. I am sure that given what I have said, you are more than capable of finding both. Both issues have been aired on this forum quite recently and on that occasion one of the other posters was able to quote chapter and verse on both. It wasn't that long ago so a search through past posts might be fruitful. While you are at it, please check out the fact that, according to AVO, LIGHT does not use a synchotron, minuterised or otherwise. I only mention that because you seem convinced that it does incorporate a synchotron.

kenj. Apart from anything else, AVO tells is that their machine does not include a cyclotron and it is that fact that makes it so different to its competitors and makes it safer to be around, cheaper to install, maintain and decommission. All AVO's competitors, with the possible exception of Mevion, rely on cyclotrons.

I understand that testing began in August 2016 and is ongoing as the components are integrated. The proton source and the RFQ have already been integrated and successfully tested. That leaves the SCDTL and the CCL to come. Each component has already been individually tested before integration. According to the schedule that AVO published in November 2014, integration and testing is due to be completed by the end of Q2 2017. AVO say they are on schedule.

kenji. I fully accept that it is possible to have a dishonest professor who is frugal with the truth. I've met a couple. If you read my post again you would see that I said they have very high reputations to protect. It is entirely possible to have a dishonest professor with a high reputation to protect. In any event, if some of the allegations that have been floated on theses forums are true, everyone involved in AVO is dishonest and involved in what is, in essence, a conspiracy to defraud and that includes some senior people in CERN Do you believe that to be the case?

Call me naive if you will but I would be very surprised if AVO were anything other than very honest given the reputations of the people involved with the company. They include some people with very high profile reputations in their fields to protect so would be very unlikely to associate themselves with anything that was not highly reputable and above board or with technology that was unlikely to work. I think that SMTrading is right in his assessment of the situation and that AVO have probably done all they could in regards to Sinophi.