Alert holders will have noticed today's close at 50c, a...

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