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MOTU

370 Posts.

62

27/01/17

18:27

Post #: 22178891
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Originally posted by TomBlaz ↑

According to today's quarterly it very soon but will it be true to say it has been very soon for a while now?

This time it does sound a bit more promising and it seems like it will be good news. (fingers crossed).

" The Company continues its engagement with BSI, the Company’s Notified Body. OncoSil™ is an Active Implantable Medical Device (AIMD) and the CE Mark review of the device is a complex and time consuming undertaking which continues. Many aspects of this lengthy review have now been successfully closed out.
Following a successful meeting in November the Company now anticipates a CE Mark determination in the next few weeks. The Company remains confident of a successful outcome on its CE Mark."

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Yes, "next few weeks" is the most definitive statement they have made on the timing of the CE Mark. Hope they have got this right, and we get a rerate off the back of the announcement. This has been drifting of late.

Last edited by MOTU: 27/01/17

OSL Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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