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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 > Leverage to zinc prices
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Comment by Bwrbhkon Oct 19, 2021 10:33am
65 Views
Post# 34022260

RE:RE:RE:RE:Leverage to zinc prices

RE:RE:RE:RE:Leverage to zinc pricesI believe the fall back position is related to spot TC's which are currently around $80 to $90 per tonne.  It appears that they received about $100 per tonne in the 1st half of 2021.
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