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.

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Noranda Income Fund Unit > So they only need a simple majority for this to go through?

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Comment by ZincDinkon Jan 09, 2023 9:36am

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Post# 35210775

RE:RE:So they only need a simple majority for this to go through?

I don't know enough about TRQ, but sure seems they had a better valuation then NIF

I knew they were going to steal NIF...I just never thought they would try for ten cents on the dollar.

Good point on how GC is in the drivers seat - definitely need to get inedpendent directors on board.

Right now, I think the set up by GC is to try and cap price to 1.9 if I read the valuation statement - still robbery.

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