Your massivly over simplifying the process of developing a large scale wind project from design to production.
There is only so much flexibility to a companies working capital structure when they are already undertaking a large development project.
Once the contingent liabilities of Bod cease and revenue begins to flow in, the company will be in position to decide on where and how big their next project will be.
Go read the latest AEMO report onto national pricing, the wholesale pricing market is expected to come under supply pressure (reduced prices) in FY 19 and FY 20.
The unaccounted for expansion in battery storage will have flow-on affects to future projects in reduced life of project revenues.
IFN Price at posting:
72.5¢ Sentiment: Buy Disclosure: Held