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Victorian Battery Rebate, page-24

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BigDaniel

3,872 Posts.

3205

04/07/19

14:20

Post #: 39373192
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Originally posted by Docweemo ↑

Yes. Whoever’s setting the rules must be able to see how inappropriate they are for Redflow. The ARENA funded battery test centre still calls itself the lithium ion battery test centre on its website, but is still testing Redflow batteries. So it’s not like the CEC isn’t aware of Redflow. Whether it’s the lack of ISO accreditation, or the fact that Redflow have sent them 3 failed batteries and they haven’t got data on the 4th yet, or perhaps Redflow just don’t see themselves as competitive in the domestic market so haven’t pressed for changes yet, or maybe it’s something else, I don’t know. But it seems to me that these rules, which should be easy to argue against, are a symptom of something rather than a root cause.

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I have not been a shareholder for a few years, re-entry at a later date has not been ruled out.

Despite my opinion that Redflow lacked the capacity to participate in government schemes until recently, an opinion supported by recent company announcements-

As a shareholder I would be pressing management for answers around Redflows possible participation in government schemes..

What is the due diligence process..What do we need to do as a company to meet these requirements?

The company would appear to have the capacity now..What is the road block?

Is it ISO 9001 certification?

RFX Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
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