RFX 0.00% 9.7¢ redflow limited

International Flow Battery Forum 9-11 July 2019 in Lyon, France, page-3

  1. 5,056 Posts.
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    I must be completely bonkers; yesterday I finished buying back in confused.png

    We've just finished another quarter where absolutely everything has gone in our favour!
    1. Fully operational manufactory with spare capacity.
    2. Cost-down engineering in progress.
    3. No product quality issues.
    4. Clear target market with a compelling business case for the product.
    5. Restructured management team have had plenty of time to settle in and get running.
    6. Sales team have had plenty of time to develop and refine their approaches and materials.
    7. Prospective customers have had plenty of time for new projects to be initiated.

    I believe we should expect the commercial side of the operation to start showing signs of life. If the company can't make a go of things in such favourable circumstances then there's probably no prospect of them ever making a go of it.

    Over the next 3-4 weeks or so I would like to see:
    1. Broad outline of sales pipeline and manufacturing volume.
    2. High level cost-down progress.
    3. Uplift in sales receipts (as distinct from rebates and subsidies)
    4. Uplift in net proceeds from operations (as distinct from research and development)
    5. Evidence of work toward resolving constraints in the domestic market.

 
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