Ann: Infigen Appoints New Independent Directors, page-6

Hi team,

Would like to hear everyone's view as to where the company will be in the next 3 - 6 months.

Renewables are undoubtedly the future in both environmental and economical aspects. IFN seems well placed in the industry however following the credit raising, management have been slow and quiet. This may be a good thing, or maybe not.

IFN will be producing strong cash flow for the next few years until prices moderate close to 2020. IFN is sitting on $250M in cash which is needed to try to secure refinancing however if placed into a project (wind) it will not start contributing until at least half way though 2019 when prices will be beginning to weaken.

I guess the other big question is whether management, on there impressive remuneration packages will be able to effectively implement there vertical integration strategy.

I see new projects - due to the lag between financial close and electricity production being negligible to the future outlook (eg. only trying to offset prices decreases with production increases). The two catalysts I see making a difference are; Refinancing (the holy grail) or a commercial/industrial PPA (which would validate there vertical integration strategy).

I would love to hear your feedback in particular to your personal time frames and outlook for the next 3-6months?

Good luck to all holders, I look forward to hearing your opinions
WS