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Bodangora First Power Generation, page-22

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starsky

545 Posts.

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23/11/18

11:53

Post #: 36616081
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Originally posted by strangelogic: ↑

I have to say I am pretty happy with IFN management right now in comparison to RCR. The more conservative approach to cash management and plant installation is paying off with BODWF generating cash before all the units are up and an improving cash and debt position as interest rise are on the horizon.
Another advantage of wind over solar I think is that you can incrementally commission and bring each turbine online as it tests out.
According to one article RCR had committed to final paymnt on Grid connection but the AEMO has been getting tough on renewable pre-testing and output quality prior to connection to the grid which has delayed some of their projects considerably. Seem our guys were a bit more diligent as they have come online without too many issues.
The RCR debacle might push the SP of renewable stocks down a bit more in the short term but I'm LT so no worries - just wish I wasn't overweight already.

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yeah Genex and INfigen both seem to have dodged some of the issues hitting RCR.

IFN Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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