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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

Comment by Bigbird9999on Feb 18, 2022 3:07pm
100 Views
Post# 34443080

RE:Spot TC's in China

RE:Spot TC's in ChinaAnnual revenue sensitivity to TC is $5 million for every $10 change in TC. 
expected TC depends on who is doing the talking (anywhere up to $200).  Pick any number you want for the average  2022 TC andcompare it to 2021.  Bottom line is a revenue increase of up to $50 million.  
Similarly the sensitivity to the LME Zn price is ~$3 million for every 5 cents/lb.  Predictions for 2022 are anywhere from $1.50 to $1.75 per Lb.  vs $1.35 for 2021.  Pick a number and the increase in revenue for 2022 is up to $25 million.

So instead of EPS of $0.05 - $0.10 like 2021 we could see EPS up to $1.50.

Like you say very bullish for NIF shareholders.
BB
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