Noranda Income Fund Unit T.NIF.UN

Primary Symbol: NNDIF

Metals & Mining Industrial Metals & Minerals

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

Noranda Income Fund Unit > Some sizeable trades lately

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Comment by Eric1212on Oct 12, 2021 11:34pm

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Post# 33999687

RE:RE:RE:RE:RE:RE:RE:RE:RE:Some sizeable trades lately

I totally share this analysis, following the bullboard, i can say many here also share that analysis regarding the NIF advantage in this current energy crisis. Regarding our issue with Glencore, i did a complaint to the Competition Bureau, given as many informations as i could as proof. I do not even know if they contacted or board of directors yet...

I hope we will have news on Q3.

Just in case, the Competition Bureau reference number is R718578 .

schocor wrote:

I predict treatment charges will increase signifigantly in 2022. Too many zinc smelter locations face energy prices higher than last years.

As for the 2022 contract rate: I dont know if we will see $300, but coal in south korea is 2/3'rd of their power generation; at at an all time high as we approach the new year. This should move the 2022 "contract" price higher as well.

The glencore deal is terrible and we really need to do something about it; but from my perspective the economic situation at noranda looks better than it has in a year (or two).