RFX 2.33% 10.5¢ redflow limited

Ann: Redflow undertakes capital raising, page-34

  1. 3,840 Posts.
    lightbulb Created with Sketch. 1307
    A lot of the production capacity is tied up till early next year at least. A significant percentage of that is from two major customers, in the US, the California Energy Commission and the federal Department of Energy. The sales come with strings attached, their aim is to drive down costs of production significantly among the suppliers they choose. If you will not or cannot innovate to drive prices down you drop out, you don't get any more orders and you will fail because the others will continue to drop their cost of production, or they will lose.

    I suspect Energy Queensland are thinking along the same lines, part of where the MOU and input into future ideas comes in.

    Yes I do want to read that production is at least back on the planned track of later last year, preferably ahead of target. We get to find out soon I hope.

    Regarding a wealth of performance info, for extremes in higher temperatures, try next door to Marble Bar in WA.
    Last edited by Treed: 22/04/24
 
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