Lots of if’s and maybe Treed. But … RFX has run its factory at <10% of capacity since it was built. Now the big news is 10days worth of orders (so they ask for more capital). If they were confident of securing those big orders soon, why wouldn’t they wait and get much more capital at a much higher SP?
Their competitors have secured large orders and LOIs before even commercialising their products. RFX Gen3 cell has the same performance specs as the Gen2. Why weren’t they been able to secure orders for Gen3 before it was released?
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Lots of if’s and maybe Treed. But … RFX has run its factory at...
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