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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.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit > They have an agreement!
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Comment by ZincDinkon Jun 03, 2022 9:29am
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Post# 34729226

RE:They have an agreement!

RE:They have an agreement!And now they won't even disclose the premium. Lovely.

Anyone worked out the formula based on what we supplied is the best guess of TC? Are we going to be able to figure out premium?

Commercially sensitive and confidential...we don't want shareholders to know because they may realize what a lousy deal the company negotaiated.

The good news is if the premium is anywhere near 40 cent a pound....that roughly 80 M$ extra in the kitty!. Hard to claw that away without sharing some of it.


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