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 > New Quarter - Fingers Crossed on Production Figures

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Comment by ZincDinkon Oct 11, 2022 2:48pm

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Post# 35017799

RE:RE:RE:RE:RE:RE:New Quarter - Fingers Crossed on Production Figures

So, in theory, we could be making over 50 M$ on premiums in a quarter alone, ignoring increases in TC (apprently spot zinc TC up again this month, not sure how much).

This company is poised to be sucking up so much cash (yes they will leave a lot probably on the table). Even GC won't be able to syphon it all up.

I would have thought the European makret would have the high premiums though

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