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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 Finalsayon May 13, 2020 9:35pm
121 Views
Post# 31025444

RE:RE:Cash flow

RE:RE:Cash flow

Someone had previously dropped the TD Resarch for Noranda post Q4 earnings. Q1 2020 estimates were as follows:

Adjusted EBITDA =  14.5
Zinc Metal Premium = 0.065
Zinc Price = 0.97
Copper Price = 2.6
Sulphuric Acid Netbacks = 55
By-Product Revenues = 7.8

Q1 2020 reported results:

Adjusted EBITDA = 17.2 million
Zinc Metal Premium = 0.07 (though MDA only goes to one decimal place)
Zinc Price = 0.97
Copper Price = 2.56
Sulphuric Acid Netbacks = 62
By-Product Revenues = 6.7

 

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