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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: 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 schocoron Jan 10, 2023 11:58am
125 Views
Post# 35213563

RE:Call this AM with - Anthony Lloyd - Independant Director

RE:Call this AM with - Anthony Lloyd - Independant Director Sorry and one final thing; i gleaned from the call that no conversations (at least meaningful ones) have taken place between the current board of directors and the dissident shareholder group representing +22% of the shares. 

I predict that ultimately, what happens here is up to this group. If they get an offer they will agree to sell at; that will be out price. I also feel that there is alot more value to be taken out of this by running it properly than selling it; if this group feel they are up to that challange I will support them over a sale to Glencore 10 days out of 10. 
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