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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 > Reserves
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Comment by rjb1954on Feb 26, 2020 3:23pm
96 Views
Post# 30737255

RE:RE:RE:RE:RE:RE:Reserves

RE:RE:RE:RE:RE:RE:ReservesAt the time of the Impairment Charge, it did allow NIF to declare a loss for FY 2015 and thereby recoup some $6.8M income taxes paid the previous year.

Was this the end game for this charge?
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