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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 > Share Price
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Comment by schocoron Nov 16, 2022 12:22pm
100 Views
Post# 35103684

RE:RE:RE:RE:RE:RE:Share Price

RE:RE:RE:RE:RE:RE:Share Price

Would I be happy with a 2.25 offer and vote for it; yea, yes I would. 


would glencore be stealing the company, and a valuable North American asset in the process; yes, yes they would. 

$40m in quarterly cash flow is a little deceiving here I believe; the purchases of concentrate have declined given the cell room shutdown, so cash purchases of concentrate have also decreased. They will pick up again as the plant restarts. Just my opinion 

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