re: Ann: IFN Retains US Business and Confirms...
No plans to raise more capitl have been announced. Bloomberg notes that Miles George (MD of IFN) told them that IFN has the capital to fund their 2010 / 2011 projects, they just won't be accelerating them. Not even a hint of raising capital. Shareholders can now only hope that that the El Nino wind pattern changes this year to generate some decent winds in the USA and improve cash flow. The long-term future looks good for IFN so buying at less than .99 could be considered now.
IFN Price at posting:
98.0¢ Sentiment: Hold Disclosure: Held