IFN 0.00% 56.0¢ infigen energy

Hi Billy. I am just frustrated by IFN's lack of progress. There...

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  1. 2,299 Posts.
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    Hi Billy.

    I am just frustrated by IFN's lack of progress. There are a number of moves available. I acknowledge being decisive with soooo many variables is really difficult, and the BoD is better placed to find a path through this than me.

    The refinance is the big issue. IFN has not found a way and it has been many months. I appreciate the current financiers want a pound of IFN's flesh to release it from the very restrictive loan arrangements.

    Bodangora starts generating electricity and $$ in the spring and sits outside the restrictive covenants. Meanwhile, IFN's very good cashflow can bash down that debt, My entry cost is well below the current SP and I have my desired allocation. I can wait.

    IFN is a screaming buy at this price.

    Ash
 
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