Another quarter of good cashflows just past, lowering debt or funding capex, certainly adding to asset backing.
Forsayth begins producing next quarter, all being well, kicking revenues up.
I think Cherry Tree is next. The Vic govt will want more windfarms announced before the November election to burnish their credentials. They may offer incentives to encourage IFN to act.
Ash
IFN Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held