Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Earnings out
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(25)
•••
Comment by ljp0101on Jul 26, 2022 8:00am
129 Views
Post# 34850339

RE:RE:RE:Earnings out

RE:RE:RE:Earnings out Wow that was bad even by my low standards. Next quarter will hopefully be better but I don't see much QoQ increase in physical premium and a below market increase in acid, which suggests Glencore trading has taken most of the margin. Even assuming higher TCRCs and lower free metal, I don't think adjusted EBITDA will be in bonanza mode without higher premium and byproducts contribution. ABL / working capital is something to watch because they're fully tapped out. Also, annoys me that they're pretending that the expansion is a success when there's a decent chance it directly or indirectly contributed to the operational problems in the cell house.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities