RFX 17.0% 11.0¢ redflow limited

excellent ann, page-6

  1. 1,178 Posts.
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    Small company as it is, everywhere you look there's movement going on and it's because they do have the goods. Indeed, the best electricity bottling technology in the world and it's cost effective. Consequently, customers are seeking and finding Redflow. They not having to sell a thing.

    On the V Redux tech from the UNSW, the last I looked a Canadian company had bought rights to make and sell. However, this technology from Redflow, which uses a zinc bromine electrolyte leaves all others for dead.

    The point is, the hurdles to effective electricity bottling have been cleared, the batteries are grid scale insofar as, their latest sale has been for a 1Mw storage, and best of all the company does not do deals via retail outlets. Rather, each and every contract has the company addressing a solution for the end user.

    Say in the case of two Victorian country towns, where they have decided to shut down power lines in the case of bush fires, the towns still want to have adequate power, which these batteries will deliver.

    Also the Australian Govt Smart Grid programme aiming to spend $100m, are now attending load leveling issues via Redflow, thus avoiding the build of new and expensive power stations just to cope with peak loads, which at all times other than peak, leaves their power plants on idle.

    Logically then, being able to bottle electricity for peak demand times has deeper implications. That is, governments need not address the build of as many new power stations because waste generating capacity can be stored for those peak load times

    Redflow is a green tech, undiscovered by the so-called investment community at this stage, however it's a no brainer for making bags and bags of money. Given that the real money will be made in places other than Australia

    Sadly though, in due course, the chaps who started this outfit will be offered a vast sum of money for their efforts and the company with it's technology will leave these shores.

    It's simply a matter of time.



 
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