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Treed

3,897 Posts.

1323

01/05/24

10:02

Post #: 73601316
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Originally posted by Teddyward: ↑

If they want $ they better not spin too much crap but seriously give investors a reason to invest and clarify exactly where they are up to in regards to warranty costs , failures and real ability to do anything other than scale up current production facility.

If they don't produce a cash flow diagram for a medium raising success that actually shows that they can produce some batteries and get some income or get to a point where loans will actually sustain them and able to be repaid they still don't have a business after all these years.

Start the questions
What volume of battery production at current contracted sale rates and battery cost gives positive cashflow? Just so shareholders are aware that a 1 module DOD contract isn't helping!

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Already one of my 10 so far. Will be pasting in when it starts. Not sure if you listened to Tim but he basically said that about the recent DOD contract, not particularly material in $ terms by itself, only 2 Pods.

Last edited by Treed: 01/05/24

RFX Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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