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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.


OTCPK:NNDIF - Post by User

Bullboard Posts
Post by opta1on Oct 01, 2015 4:06pm
152 Views
Post# 24154684

Scenario #5 NIF buys out Glencore

Scenario #5 NIF buys out GlencoreA further option is for NIF to negotiate a sale and supply agreement extension with Glencore.  It is kind of a reversal of what Glencore wanted to do to us a few years ago.  Buyout could be a todays low price but with an up front payment for an extended supply agreement.
Bullboard Posts