The liquidated damages against the Bodangora delay are for lost production, so can be read as a proxy, likely understated, for new production levels and revenues.
It will take a while for IFN to get all its enlarged, enhanced kit working in concert and delivering revenues to potential. Then it has to show in the data and be recognised by Mr Market. Astute analysts will see it sooner.
All in all, expect a solid rerating of IFN as BESS, Bodangorra, Cherry Tree, Smithfield and perhaps Forsayth contribute. I fully expect a battery announcement on SYD-CAN soon.
The pay down of loan principal from these strong revenues frees IFN for a range of initiatives - M&A, further wind projects, even just a larger cash position so it can play Smithfield in the financial futures market.
Good times.
Ash
- Forums
- ASX - By Stock
- IFN
- Ann: Quarterly Production and Revenue - Q4 FY19
Ann: Quarterly Production and Revenue - Q4 FY19, page-6
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IFN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online