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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: 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 > New Stream Agreement
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Comment by ZincDink1on Jul 28, 2020 6:02pm
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Post# 31333830

RE:RE:RE:RE:New Stream Agreement

RE:RE:RE:RE:New Stream Agreement So, to harp again on the thorn in my side, it sounds like NIF will have enough concentrate for at least the next decade. Does that mean that the former impariment charges (was it 70 M$ ?) could be returned to the balance sheet, or does GC like to convince everyone the operations is only worth 150 M$ at most?

Wonder if TD will comment on this or wait till after earnings?
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