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Noranda Income Fund Unit NNDIF

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Post by JCWon Jan 24, 2023 12:21pm
206 Views
Post# 35242546

Outlook

OutlookIt would appear that the February vote should veto privatization of NIF (IMO) and that the March meeting should allow for 4 independent directors to be appointed by the dissident unitholders.
I would like to think that the leading dissidents are organized and have some type of action plan for appointing directors and then to reassess the direction of NIF (ie continue to run under GC or hire others to operate) ......anyone have any insight /thoughts re dissident plans??   I imagine there are some very capable people who would jump at an opportunity like this....JMO
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