The SA plant is still in government hands and operating on diesel. IFN gets control in May, when it begins conversion to gas and move to the sewerage farm.
I expect a nasty quarrel in SA over rights and responsibilities after the interconnect is repaired. This will cost AEMO some serious money. The battle not necessarily led by IFN.
IFN closed at 72c today, above Canaccord Genuity's buy at 71c. I said I thought it would take a week to do this - the value is evident.
Ash
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Last
$1.16 |
Change
-0.030(2.52%) |
Mkt cap ! $156.7M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.16 | $43.98K | 37.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4150 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 28218 | 1 |
View Market Depth
| Last trade - 15.54pm 31/07/2025 (20 minute delay) ? |
| IFN (ASX) Chart |