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RFX - Redflow Limited

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Picked in the monthly comp, not for the first time over the years, at last the stars have all lined up for Redflow.
I have opened a small position.
 

Redflow to partner with university on extending flow battery capabilities​

Brisbane based battery manufacturer Redflow has announced it will collaborate with the University of Queensland (UQ) in a research project designed to extend the operational ability of the company’s zinc bromine flow battery.

The study will be part of a $5 million Australian Research Council (ARC) Research Hub for Safe and Reliable Energy Storage administered by Deakin University.

The project will seek to develop a deeper understanding of the electrolyte chemistry and electrode materials at the heart of its zine bromine flow battery technology.
 
mullokintyre said:
Monday I signed up fora 10KW solar panel setup with 2 10KW RFX flow batteries and a autoconnect to house in case of power failures.
I have noticed that RFX has gone up quite a bit recently, and for those charting chaps, it has well and truly broken out of its downward channel.
I am personally taking credit for the revival.
Mick
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The system was finally commissioned last Friday while I was slumming it in Fiji.
The installation is neat and tidy, some cool stuff to play with, and has its own wireless network from which I can get a myriad of stats and figures that tell me whats happening.
I noticed that RFX is up 10% today.
I am taking credit for the rise.:laugh::laugh:
Mick
 
I'm looking forward to your experience, the sons family have been off grid for nearly 1 year, they have a BYD blade LiFePO battery so the comparisons with DOD etc will be interesting.
His is a 15kw battery and he is finding it adequate, for running the house.
 
sptrawler said:
I'm looking forward to your experience, the sons family have been off grid for nearly 1 year, they have a BYD blade LiFePO battery so the comparisons with DOD etc will be interesting.
His is a 15kw battery and he is finding it adequate, for running the house.
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Ours may not be a fair comparison, as we are not off grid, at least not in a planned way. We have a lot of brownouts and blackouts, which I suspect will only get worse.
So far seems pretty intelligent, it appears to monitor prices of the power, and either charges up the batteries when its cheap, or offloads it from the battery/inverters when it is more expensive.
next step is to get a Zappi home EV charger installed.
mick
 
Colm Doc said:
Can anyone explain the change in ticker code for Redflow (RFXDA)?
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the DA part is usual during a share restructure ( which is commonly a share consolidation )

it will revert back to RFX in due time ( but the number of shares will shrink permanently )
 
mullokintyre said:
Ours may not be a fair comparison, as we are not off grid, at least not in a planned way. We have a lot of brownouts and blackouts, which I suspect will only get worse.
So far seems pretty intelligent, it appears to monitor prices of the power, and either charges up the batteries when its cheap, or offloads it from the battery/inverters when it is more expensive.
next step is to get a Zappi home EV charger installed.
mick
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Why go for a Zappi EV charger?
I'm an ex sparky and have just bought the Kona E.V, I could put a dedicated charger on the wall, but chose to just go with a single phase 32amp 3 pin outlet.
The advantage IMO is, I purchased a 7kw portable charger, it has selectable 8,15,20,25 and 32 amp outlet settings.
So I have made up a 440v 32a 5 pin to 250v 32a 3pin adaptor, so now I can charge at home at the maximum the Kona can take which is 7kw/ac and when we travel away from home I can use a 440v outlet to get the 7kw.
If the car you purchase is a 22kw 3 phase there are portable chargers that can do either single phase 7kw or 3 phase 22kw, I personally don't think ATM in Aust a dedicated wall charger is a good move, it is a lot of money for zero flexibility IMO.
P.M me if you want to have a chat, I don't want to bog down the thread with off topic stuff. ;)
 
RFX released its December quarterly.
Some reasonable sized installations done, including supplying stuff for the BOM and its remote weather radar installations, with more in the pipeline (the guys who did our home installation showed me some photos of one of the Queensland locations, was extremely impressive).
However, they are still generating minuscule amounts of cash - 600k for the quarter, but a big jump on the 220k from last quarter.
They are expecting half a quarters worth of cost to be paid by one of the many Government investment schemes, but we will take it.
They spent about 3.5 million, so have around 3.2 quarters of cash left.
They will need to really ramp up those sales to even get close to break even.
They probably to get up around the 1.3 to 1.5 mill per quarter sales.
We live in hope.
Mick
 
mullokintyre said:
they are still generating minuscule amounts of cash - 600k for the quarter, but a big jump on the 220k from last quarter.
They are expecting half a quarters worth of cost to be paid by one of the many Government investment schemes, but we will take it.
They spent about 3.5 million, so have around 3.2 quarters of cash left.
They will need to really ramp up those sales to even get close to break even.
They probably to get up around the 1.3 to 1.5 mill per quarter sales.
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Great Mick - a 180% increase in quarterly sales is wonderful, so to achieve break even that 180% only needs to be maintained for a couple of quarters or less, its a big positive, Redflow is perhaps only 5 or 6 months away from break even.
 
So_Cynical said:
Great Mick - a 180% increase in quarterly sales is wonderful, so to achieve break even that 180% only needs to be maintained for a couple of quarters or less, its a big positive, Redflow is perhaps only 5 or 6 months away from break even.
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Problem is, as with the increase in sales go the increase in costs, so it probably won't be linear.
But I hope like hell it does go forth and multiply, I am sure riches await me, just over the horizon.
Mick
 
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