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.

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Noranda Income Fund Unit > Korea Zinc:$230 tonne TC, Plus Price Escelator!

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Comment by ZincDinkon Apr 05, 2022 7:31pm

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Post# 34578646

RE:Korea Zinc:$230 tonne TC, Plus Price Escelator!

So, probably an extra 200 per ton on TC and 200 per ton on premium. Should generate north of 60 M$ extra on an annual basis. Going to take another big hit on hedge program.

After last years pititfull divy, don't see any reason why we can't get 25 cents this year...minimum.

Still, this management team has brought surprises before. Maybe they can bring a pleasant surprise for a change.

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