This company continues to confuse me. I'm still not convinced...

This company continues to confuse me. I'm still not convinced refinancing is a wise move. Yes, it gives the company more flexbility but is it worth the refinancing costs?

Perhaps if the company provided a clearer way forward (clear intent for how many projects it plans to try and bring on-line post refinancing), I would find it a more compelling buy. But, even at these prices, I'm finding it hard to convince myself.... and that's even with the new project coming online later this year.

As a long-time fan of IFN, this isn't easy to type. But IFN's management needs to start delivering.

Baron