Thanks slick. Like your TA work. My FA says this has further to...

Thanks slick. Like your TA work. My FA says this has further to run. It may pause, fluff around, retrace even, yet IMHO, IFN is being repriced.

It is now a stronger business, with Smithfield, BESS, Bodangora, Cherry Tree under construction, FCF, management's chosen debt level and significant margin enhancement with 'firming'. It can firm another 300-400Mw of NSW WFs, so look for more production contracting. Buying shovel-ready projects and on-selling with contracts is entirely possible. Both Flyers Creek and Forsayth can be built with this model.

The commencement of dividends bring in a fresh cohort of holders - many investors won't touch a company until it becomes a dividend payer.

I think IFN will astonish on the upside.

BUY

Ash