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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 > Cash flow
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Comment by stopedouton May 14, 2020 9:15am
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Post# 31026669

RE:RE:Cash flow

RE:RE:Cash flowI am referring to general downward pressure on the stock market and on zinc markets by covid, combined with the uncertainty of not knowing the details of the concentrate purchase agreement with Glencore.
The stock at $1.20 is trading at half the current working capital.
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