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

RFX

Click for more information

0.00%

9.7¢ redflow limited

and they’ve got to do that before solid state lithium or lithium...

First 92 Last

Share
Profile

Follow
Docweemo

600 Posts.

174

29/04/23

15:06

Post #: 67524357
Share

Originally posted by SimonGr: ↑

I’ve discussed their strategic failings in the past. Biggest issues 1/ failed strategy of sticking with a resi sized cell & 2/ the failed Thai pilot plant strategy. Who thought locating it so far away from the Brisbane brains trust that designed the battery, components and manufacturing processes AND so far from customers was a good idea?!

But … biggest issue is their failure to execute. Current ZBM3 fiasco/excuses the latest fail in chronic list of manufacturing/design fails. Lack of repeat business (after the expense of acquiring a customers) a chronic sales/competitiveness failure since inception.

What will turn it around? I suspect the ship can’t be righted. However, if they did fulfil existing 2+ year old orders … and managed to win the US bank job … and finally worked out how to reliably make ZBM3s … and were able to translate that knowledge to a US manufacturing facility (without years of stuff ups) … and convinced someone to finance the US facilities … well then maybe they could survive? Your thoughts re their chances of delivering all that based on their past execution performance?

Expand

and they’ve got to do that before solid state lithium or lithium sulphur hits the market in any big way

RFX Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

LRD

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

There are more pages in this discussion • 1 more message in this thread...

First 92 Last

Add RFX (ASX) to my watchlist