Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Bullboard Posts
User Avatar Image
(26)
•••
Comment by Bigbird9999on Feb 22, 2017 9:48pm
176 Views
Post# 25880785

RE:RE:2017 TC revisited

RE:RE:2017 TC revisitedNOW I understand why the NIF contract posted on Sedar has no price participation (escalator) clause.  From this article it appears as if the miners are negotiating hard to eliminate the escalator in 2017 benchmark terms.

The big question is whether the concentrate remaining to be delivered under the current SPA (about 125000 tonnes) will be delivered in view of the strike.  Concentrate under the current SPA carries a TC of about US$100 per dmt more than the new SPA.  = ~$17 million CAD

BB
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities