Stanwell QLD

Shame RFX did not score this contract. I know QLD Gov has anounced 2 projects in August - one to Redflow and one to ESI but would have been nice to score this contract ...

https://reneweconomy.com.au/stanwell-signs-major-deal-for-australian-made-long-duration-iron-flow-batteries/

ESI currently imports their flow batteries from the US until completion of their Maryborough facility due to open in 2024 when their iron flow batteries are made locally with the electrolyte fluid made up in Townsille.

https://esiap.com.au/maryborough

In any regard, reading through the specs of either flow battery it again shows the superiority to Lithium. I am gobsmacked why ANYONE would install a Lithium battery at home or in large battery projects. I am astounded how people know about Tesla but don't know Redflow. It's like knowing Cadbury but not Frey.

I fear for RFX given the lenghty time it has taken them to get (solidly) to market as there are many competitors now. I am kind a glad I have sold but also upset about realizing my losses as they are now real, not on paper. For all you long termers I hope you off loaded some of the shares last week as it surely looks to settle back down in the teens....(after consolidatio - yikes)

Good Luck Y'all