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 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 > Someone knows ...
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(26)
•••
Comment by Bigbird9999on Dec 18, 2019 9:29pm
167 Views
Post# 30470963

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Someone knows ...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Someone knows ...I forgot to mention that Glencore gets any royalty we get.  2019 Q3 FS shows US $1.1 million distributed = CAD$1.48 million.  Distribution was 3 cents CAD per share so shares which received distribution is is $1.48 million /$0.03 = 50 million shares.  Glencore owns 12.5 million shares and we own 37.7 million

BB
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities