IFN monthly production report due in the morning. This is the low wind part of the year, though with production now augmented by Bodangora.
If we are lucky, they might also announce the start of BESS operations - due 1QF20, ie before end September - providing frequency and ancillary services to the grid, as well as storing energy from the wind farm that would otherwise be spilled. This will lift Lake Bonney revenues and room to manoeuvre in the auctions considerably.
Ash
IFN Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held
