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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 > How low could it go?
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Comment by Knatoron May 05, 2020 5:35pm
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Post# 30990082

RE:RE:How low could it go?

RE:RE:How low could it go?Prob the TC. Reading in the news that spot TC is at one year lows.

https://business.financialpost.com/pmn/business-pmn/shanghai-zinc-jumps-to-2-month-high-on-supply-tightness-2

https://www.metalbulletin.com/Article/3929818/Latest-news/Zinc-TCs-plunge-below-200-as-Covid-19-supply-disruptions-endure-lead-terms-fall-in-tandem.html

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