The company now has a pipeline of orders sufficient to generate a useful cashflow. What we need to learn is whether the cost of production plus warranty contingency is exceeded by the sale price - is there any chance of a profit? There is no point in asking for additional shareholder support if you cannot show any path to a dividend. Why else would someone invest?
Redflow has a poor history of production decisions and seems never to have taken product design seriously. The ZBN3 is starting to look resolved, the Thailand ecosystem is getter better and there is a real chance of a Queensland factory being supported by Government, so the future looks possible, as long as they can make the batteries with a good margin.
They are no longer a startup, depending on grants, tax breaks and capital raises. They have been making batteries in volume for some years. If the design of the unit, quality control issues, or competitive pressures make it impossible to set a profitable sale price perhaps they should give it up. Hiberation, fire-proofness, hot condition tolerance, small unit size (portability) should command a premium over lithium sufficient to justify a sustaining price. What needs to happen?
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