2/
“We're probably [at] 20 to 30 percent lower cost today than what RedT was building about a year ago,” he said."

“We’re quoting very large front-of-meter sites already"

Cue BMN and their $65m expansion plans to support such potential opportunities down the line.
3/
can be very flexible in where we build new capacity; we can build that new capacity fairly quickly and at a comparatively low capital cost,"

"That's going to help us go up that scaling curve faster and hit those front-of-meter projects in fewer years than we saw with lithium"
4/
These signals of growth potential and the speed with which these VRFB manufacturers can react, ties very much in with what I have been saying.

No V producers out there can react any quicker than BMN, in bringing on new expanded capacity but they are...
5/
...still considerably slower compared to an Invinity of this world.

So they have to be "brave" now. They have invest now, during this pause in V prices,to be ready for those "very large front-of-meter sites," when they come to fruition, so they are supported and BMN profit.
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