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Bullboard - Stock Discussion Forum Noranda Income Fund Unit 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.

Bullboard (OTCPK:NNDIF)

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Post by Bwrbhkon May 04, 2022 9:00am

TC’s

Open Mineral has spot TC's in China at $295/t.
Post by Martincaton May 03, 2022 9:50am

BUY NOTICE FROM TDW

May 3/2022.....From TD Equity Research.....Zinc TC`s rising again in April....Near term outlook is strong.....Target price $2.50.
Comment by ZincDinkon May 01, 2022 1:38pm

RE:RE:rough quarter

Yes. We don't know what we get for TC though, but many suspect it is close to spot TC prices, which are now almost triple from recent lows.
Comment by rjb1954on May 01, 2022 10:39am

RE:Please tell me my math is wrong

I have a nagging feeling that GC is sucking equity out of NIF through the hedging strategy. I don't have any proof, only the numbers reported by NIF. GC could be making a lot of money on the deal ...more  
Comment by schocoron Apr 30, 2022 1:44pm

RE:rough quarter

well this certainly did not selloff on friday.  question: the treatment charge per tonne - this is the price rhe smelter gets per tonne of concentrate treated...correct?
Comment by JCWon Apr 29, 2022 5:23pm

RE:RE:Please tell me my math is wrong

ZD.... Maybe you'd take me along on your next weekend of debauchery !!!....lol Gotta wonder about the competence of management ....isn't anyone held accountable?? Interested in seeing what ...more  
Comment by ZincDinkon Apr 29, 2022 4:53pm

RE:Please tell me my math is wrong

My math was wrong. closer to half that number. 7 M$, heck, I can spend that on a weekend of debauchery.
Post by ZincDinkon Apr 29, 2022 4:49pm

Please tell me my math is wrong

They left behind about 3 percent of the zinc in the concentrate. they processed 128,852 tonnes which 3 percent is 3856 tonnes. Multiply by 2200 to convert to pounds to get 8,504,232 pounds lost which ...more  
Comment by Joe455on Apr 29, 2022 1:42pm

RE:rough quarter

Derivitives bite a lot of companies in the @ss.
Comment by Jtpatrol1on Apr 29, 2022 5:49am

RE:Q1 Results

thanks for the post
Post by ckwongon Apr 29, 2022 5:44am

Q1 Results

TORONTO, April 28, 2022 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX:NIF.UN) (the “Fund”) today reported its financial results for the first quarter ended March 31, 2022. Except where otherwise ...more  
Post by schocoron Apr 28, 2022 8:46pm

rough quarter

pretty rough quarter. production was low, as expected.  derivitive loss of $17m was as expected as well  i guess.  they stated that the contract with glencore for may21-apr22 was not  ...more  
Comment by ZincDinkon Apr 26, 2022 4:57pm

RE:NIF Q1 Financials

Interesting few days. Refiners dropped with China freakout, yet, TC managed to rise a few more percentage points. Hope this indicates that China will stop refining imports at a loss. Europe...just don ...more  
Post by Martincaton Apr 21, 2022 8:51am

NIF Q1 Financials

NIF to release Q1 financials on April 28 after mkts.
Comment by ZincDinkon Apr 19, 2022 12:58pm

RE:2022 Outlook

TC around 230 per dmt. https://news.metal.com/newscontent/101808866/TCs-of-Imported-Zinc-Continued-to-Rise,-Quotations-of-Domestic-Zinc-Remaining-Stable-/
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