Noranda Income Fund Unit T.NIF.UN

RE:RE:RE:RE:Cross?

[Bigbird9999]

LME Zinc is $1.45 today.  Woods Mackenzie has just predicted $1.75 for next year.  I suspect that has a lot to do with today's SP bump.  At full production, the bump in free Zn revenues is about  $7 million for each 10 cent increase in Zn price.

I still wonder how they are able to sustain production at 50% - 60% with management only.  It has been 7 months of working 60+ hours a week for the 100 or so key people that know how to operate (or have the necessary tickets and certification) to operate the plant.  I am sure they are being paid double salary but after a period of 60 - 80 hours per week of shift work they must be getting burnt out. 

I expect something will have to give soon. 

BB