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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: 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

Bullboard Posts
Post by ZincDink1on Feb 19, 2019 2:48pm
143 Views
Post# 29383884

Will we start getting a constant divy?

Will we start getting a constant divy?They should be able to comfortably give us 3 cents per q. Been so long I forgot we received 50 cents per yr and 30 cents before it was cut completely.

They should also add back some of the book value as the valuation is ridiculous. 100 M$ for a plant worth over 600 M$ - would cost over 1 B$ to replace.

Do we break the typical fall after ER? I think we do this time.

GLTA
Bullboard Posts