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11.0¢ redflow limited

Ann: Redflow H1FY21 Results Announcement, page-16

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RunDover

3,534 Posts.

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27/02/21

21:03

Post #: 51391299
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Originally posted by noddy2: ↑

Well the light at then end of the tunnel is getting brighter powered by Redflow battery's or is that train getting closer. Best presentation I've seen from Reflow . some of the point I have taken from it.
1; Cash flow positive 300 units per month
2; Forward orders 100 units plus Optus and that before incoming orders for that period.
3; Cost per unit down 30% for gen 2.5 and 40% for gen 3
4: California was mention twice , same requirement as Optus are we getting ready to re-enter the American market.
5: The large scale battery for WA should open up a huge market in the industrial area .
6: No mention of needing a Capital Raise.
7: Gen 3 starting production second half of this year.
8:Cost and expense are down

This looks like being a very bright year for Reflow .
Redflow doesn't need to chase the utility large sale installs these will come as a natural outcome for their current progress one step at a time .
They don't have the manufacturing capacity at this time.

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Hey noddy, re your point 6
This from the 4D
". While we forecast that with continued prudent cost
management and increase in sales, our cash burn will reduce, the business will need additional working capital
this year."

RFX Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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