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asteroider

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12/04/19

14:18

Post #: 38116573
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Originally posted by adent ↑

Unfortunately Labor's plan doesn't include Zinc Bromide Flow batteries.
How do I know this?
The Labor budget reply speech only talked about Lithium batteries, and Lithium mines
Not Zinc Bromide batteries.
Also the Labor states with Battery subsidies target Lithium not Zinc Bromide Flow batteries.
Another interesting point is that the same LNP pollies that care so much about Coal mines do not care about the Lithium mines.

What all this does highlight @asteroider is that your post demonstrates a lack of understanding of both Labor policy and of Redflow.
Furthermore, you know those mobile phone towers that allow your mobile phone to function?
They all currently have Lead Acid batteries at the bottom of them.
Redflow is targeting to replace those Lead Acid batteries with Zinc Bromide Flow batteries.
Why do this?
Because Zinc Bromide batteries are technically superior in many ways to Lead Acid batteries.

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But global media reports in recent years suggest that other companies may have better Zinc reflow battery tech. Was a shareholder here until I cottoned on and have been warning about the never-never for years.
Does this company really need a government handout to survive?
That in itself says it all : the tech not cost/quality/product competitive.

If this company cannot make sales even though Labor has brought the electricity grid to it's knees in VIC/SA. It has no hope.

RFX Price at posting: 5.0¢ Sentiment: Sell Disclosure: Not Held
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UP In Arms, page-62

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