As of early 2019 an estimated capex of $10m to expand monthly capacity to 1000 batteries or 1mw a month.
The Origin deal is a few years down the pipeline and it's the preliminary discussions currently being had.
I'd agree that the telecommunications sector is the immediate and obvious target however small grid projects was at the least a target of Redflows in 2019.
Accessing debt facilities was also a target of Redflows....Under the right project backing and with the global shift in green investment the chances of Redflow expanding it's manufacturing capabilities via accessible, cheap debt is an increasingly probable prospect.
Cheers.
RFX Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
