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Noranda Income Fund Unit NNDIF

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

Comment by ZincDinkon Aug 30, 2022 3:09pm
110 Views
Post# 34930359

RE:Dutch TTF natural gas 95, Korea/Japan 70

RE:Dutch TTF natural gas 95, Korea/Japan 70
Yet Korea Zinc reached an all time high. Think conversion works out close to 7.5 B$. Of course Korea Zinc is much larger and diversified, yet we have a valuation which could be confused as fly dung on a spreadheet and Korea Zinc, having some energy issues is over 100x more valuable.

The 100 M$ derivative gain, I do expect we will give most of it back, though probably a 25 M$ payout isn't inconceivable. Over the next forseaable quarters, we should earn 25 M$+ per q.

Yet Mr Market keeps shoulting we are fools. Are we fools? Is GC going to bankrupt us first?
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