RFX 4.76% 11.0¢ redflow limited

Seriously though, it is roughly one per day. I'm not sure how we...

  1. 104 Posts.
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    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.
    Last edited by tassb: 30/04/24
 
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