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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 11:44pm
137 Views
Post# 34460458

RE:RE:Earnings out

RE:RE:Earnings out
The hedge loss was forseeable, though I didn't want to believe it could be so high. The rest is a WTF? Significant drop in production, project overdue, just pure garbage.

I will go through it more closely, but why is SGA up 10 percent with less sales to show for it? Why the drop in recovery rate? Even with poor TC, they should have done better on actual numbers outside of the hedge.

You can probably buy back in latter this week at 1.2.
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