1 Bodangora completion August 2018. 10 months away. Due re-rating.
2. Forsayth awaits FID. Timing dependent on Qld transmission construction.
3. Cherry Tree looks too small, needs bigger turbines, taller towers. Probably negotiating Vic government planning.
4. Big cuts to borrowings. Still has FX exposure. Still negotiating refinance.
And IFN actually has a respectable P/E ratio of 17.4.
Ash