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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 ZincDinkon Feb 24, 2022 6:32pm
72 Views
Post# 34459929

RE:The Boliden Conundrum

RE:The Boliden ConundrumYour kid of preahing to the choir, lol

I think most analysts have decided China owns the base metal market and they are willing to keep going losing money. During covid, they were willing to sacrifice any chance of profit just to keep operating at times

I think its all changing again. Look at Nyrstar, very efficient plants but if yu have to pay a huge sum for your electrons, you can't compete.

On with the future though. Things are looking great for NIF and even GC will have to leave us long suffering shareholders more bread crumbs (maybe even a whole slice of bread?) going forward.

Tomorrow though, even with prices hainv one up, the losss on hedging may make the numbr appear worse then they are. Pins and needles (snore, while uncertain bout tomorrow, we are looking reat in the future).
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