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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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

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

Comment by ZincDink1on Mar 02, 2020 1:05am
165 Views
Post# 30754412

RE:RE:Looking at TD report

RE:RE:Looking at TD report
If you look at things a little bit more, revenues were down as zinc prices were down for that quarter - but raw material costs were also down. For 2019 they sold 168 M$ with a raw cost of 128 (40 M$). In 2018 they sold 192 with a raw cost of 171 (21 M$).

Just noticed SA costs were up almost 1 M$ for this quarter compared to last year. Management party fund?

I agree with you though that revenue looks a bit lite.

The cloak and dagger stuff about TC costs is going to be a bit of a worry.
<< Previous
Bullboard Posts
Next >>