"Govt really has sucked up the twiggy coolaide IMO as if it was viable and currently executable profitably he would be actually doing it at scale as he has the capital but even he has balked" – This is a really confusing string of words. Are you trying to tell us that Fortescue Future Industries has pulled back from executing on their green and zero-carbon plans? I can't see any sign of it in the news. In partnership with equipment manufacturers they continue to convert their rail locomotive, heavy haulage and excavation equipment to ammonia/hydrogen and fuel-cell/battery operation. They recently purchased the ship MMA Leveque to convert to ammonia/hydrogen fuel. Or perhaps you were trying to say that given imagination, determination and capital it's possible to develop the technologies to make renewable operation viable, or even superior... in which case, yes I agree!
"Looks like RFX should become a hydrogen miner by using large scale solar , battery storage and produce hydrogen and then after that massive inefficiency convert it to a ammonium base and transport it ( safely somehow) and sell it to the world" – except that if you were producing hydrogen you wouldn't bother with battery storage, would you? You would just store the hydrogen! And the advantage of transporting your energy (loss free) in the form of ammonia is that you don't need a massive fixed infrastructure of towers, poles, wires, and transformers.that lose energy at point in the chain. You can take your ammonia-based energy anywhere there is a road, and warehouse it (still loss free) at any point between the generator and the consumer.
But how does any of this have any bearing on Redflow?
RFX Price at posting:
11.0¢ Sentiment: Sell Disclosure: Not Held
(20min delay)
