Septate follicle of 16mm in 10 th day will release egg?

Hard to say: Septated follicles can be septated for various reasons. One of them being blood. Ie hemorrhagic cyst. Cysts that have blood in them are typically after ovulation. So a 16 mm follicle on day 10 doesn't look like a good prognosis for this month. Also follow up with your gyn to make sure that the septated cyst eventually goes away.