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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 > New Nif.Un target Price: $32.86 USD
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Comment by HA20200on Jul 25, 2022 11:17am
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Post# 34848080

RE:RE:RE:New Nif.Un target Price: $32.86 USD

RE:RE:RE:New Nif.Un target Price: $32.86 USD
I think you are correct in this line of thought.....with the new normal of inflated costs and post pandemic worker issues/realities...I expect the odda project will go over budget. Most large projects do.
I think we are fortunate that Noranda,s up grade to produce more volume was completed when it was...
It went over budget and time..but could have been much worse had the upgrade started now ( as opposed to a couple years ago)
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