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Noranda Income Fund Unit 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
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Comment by BigJoon May 10, 2019 9:15am
91 Views
Post# 29733348

RE:RE:RE:RE:RE:RE:T Minus 79 days

RE:RE:RE:RE:RE:RE:T Minus 79 daysWhen Glencore purchases the FG inventory at the end of each month what price do they pay? (LME Cash, three-months or an average price?)
When the cash price trades in a steep backwardation, as it is currently,  who benefits  and who loses when NIF has a hedged position?
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