i see the ann as a practical response to chamging conditions. Happy with Cherry Tree as this will bring more production online quicker without capex and rates risk. Wind is more efficient than solar for returns and southern markets have more demand for renewables as coal plants retire.
Market will probably react poorly given current bear vibe, but as money keeps coming in, Co will look better over time. May Election will be the positive catylist if Labor gets in.
IFN Price at posting:
46.0¢ Sentiment: Hold Disclosure: Held