Australia's largest stock trading and investment forum Australia's #1 stock forum

RFX

Click for more information

0.00%

9.7¢ redflow limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-12

First 12 Last

Share
Profile

Follow
SimonGr

3,447 Posts.

940

01/05/24

20:34

Post #: 73617108
Share

Originally posted by tassb: ↑

Seriously though, it is roughly one per day. I'm not sure how we got in this situation, and I guess it is reflected in the share price. We have done better than this years ago without all the Gen 3 manufacturing simplifications etc etc.

I'm encouraged by the mention of a new CNC machining approach (presumably influenced by Juergen Reitz), and the mention of ~$6m revenue expected in May.

They say they are still on target for ~40Mwh in 5 months time.

Maybe new methods (like CNC machining) initially slows production but then will help with ramp-up and quality. Time (and the share price) will tell.

Would be a good question for tomorrow.

Expand

Back in Dec18 (and $50M? ago) it was 5/day.

RFX Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

1 Great analysis

Reply

Top Stories

LU7

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

TTT

Titomic jumps +6% as it incorporates Microsoft Hololens tech

STK

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

RCE

Recce progresses testing of gel to treat bacterial skin infections

AHK

Ark Mines provides strategic update following mining lease submission

There are more pages in this discussion • 42 more messages in this thread...

First 12 Last

Add RFX (ASX) to my watchlist

SPONSORED BY