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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

Post by ZincDinkon Mar 15, 2022 5:12pm
153 Views
Post# 34516563

Oh no, more smelter cuts possible! TC spot 200/ton !

Oh no, more smelter cuts possible! TC spot 200/ton !How can we at Noranda help the world out of this problem?


https://www.metalbulletin.com/Article/5088766/Search-results/Further-uptick-in-zinc-spot-TCs-on-worsening-arbitrage-smelter-cuts-possible.html

The board better not give this all away to GC.

Surprised GC still hasn't taken us out yet. They can offer a 100 % premium, and steal the facility from Canadian sheep just like the Saudis did with Nova Chemicals years ago.

Its idotic, but that is just the way things sometimes seem to work in Canada
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