AXP 0.00% 0.2¢ axp energy limited

We are all positive now :), page-70

  1. 32 Posts.
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    Uptake has and will continue to be slow. There are big roadblocks keeping this technology from being adopted or else it would be by now. Costs are also way out of line and I reckon it will take money and development efforts to lower them and the last time I checked, the amount of cash on hand is almost nil so more capital will have to be raised, then the work initiated and a lot of time will pass before the manufacturing issues are solved. Just because AX is making things in Costa Rica or Puerto Rico or wherever they are does not mean they are doing so profitably. Once they can, they will still have to solve for the slow sales uptake and there doesn't seem to be an answer there either. The best thing they can do is find a partner and get out of the way.
 
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