Alert holders will have noticed today's close at 50c, a post-Smithfield high. Monday trading will be interesting.
Elsewhere, the AEMO is fretting over summer electricity shortages as coal generators show reliability problems.
https://reneweconomy.com.au/aemo-seeks-emergency-reserves-as-coal-outages-increase-across-nem-55614/
Which suggests good opportunities for Smithfield and BESS, and higher average electricity prices over summer at non-solar times.
IFN is enjoying solid cashflows, directed to building its cash position to aid Smithfield-related futures trading and to debt principal repayments. RR & team will be looking closely at the next addition to the generating kit - batteries, Forsayth (capital lite), fresh projects or M&A.
Each geographically diverse addition to IFN's generating assets makes all existing more reliable, more consistently able to meet demand.
Ash
- Forums
- ASX - By Stock
- IFN
- Ann: Quarterly Production and Revenue - Q4 FY19
Ann: Quarterly Production and Revenue - Q4 FY19, page-8
Featured News
Add IFN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online