Assuming the wind trend is maintained next month it looks set to exceed last year's total production by at least 6%.
If we guess next month to be ~140GWh then:
((1434 + 140)/1483)-1= 0.0614
Market valued the business at ~77c per share last year in July so with improved debt facility terms, better debt position in general, new project coming online and improved production this should keep the momentum of the last few weeks and aim for the 80c+ IMHO.
As always , DYOR.
IFN Price at posting:
73.5¢ Sentiment: Hold Disclosure: Held
