OTCPK:NNDIF - Post by User
Comment by
abner29on Jan 10, 2010 6:19pm
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Post# 16661575
Quest13, am broadly in agreement
Quest13, am broadly in agreementwith you on NIF. I'm not sure whether I expect too much, but it is my sense that we don't get a clear picture of what's happening at NIF in a timely fashion. With zinc above $1 and the projected economy for 2010 to be better than that in 2009, I think it is fair to imagine that NIF will resolve problems and return to solid profitability. As you suggest, a return to the 8.3 cents distribution rate may lag the improved operations. However, if indeed we are in prospect of a return to the historic distribution rate, isn't the current <$3 unit price a substantial bargain?