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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 schocoron Oct 18, 2022 12:32pm
98 Views
Post# 35031698

RE:Third Quarter

RE:Third Quarter
Bwrbhk wrote: Higher TC's, a weaker Canadian dollar and high sulphuric acid prices, partially offset by lower zinc prices bodes well for 3 rdQ earnings provided that operating results have not deteriorated from the dismal 2nd Q results.  Will see in early November.


While deteriorating from Q2 would be very terrible, even a small improvement from Q2 woudl be seen as terrible in my mind. This plant is runnign terribly in the first two quarters of the year and even into last year. We need to see material operating improvements in November. 
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