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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: 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 > tuesday......
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Comment by schocoron Jul 22, 2022 1:47pm
90 Views
Post# 34843850

RE:tuesday......

RE:tuesday......i believe se should see substantial improvement in the treatment charges in q2; the full effect eill be in q3. 

tc charges really moved up in april of this year with the new rates negotiated between korea zinc and teck. those gains shoukd be represented in q2. 

the value of the plant has increased signifigantly in my mind. inflTion makes it more expensive to build kne from the ground up, but not too many places are racing to build a new plant either given power costs worldwide. 

this company has been a trainwreck for SO long, it might take a couple of wuarter fkr people to believe what they are seeing. 
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