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Bullboard - Stock Discussion Forum
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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OTCPK:NNDIF - Post Discussion
Noranda Income Fund Unit
> Wonder if our premium has tripled?
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•••
ZincDink
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Post by
ZincDink
on Dec 08, 2021 3:23pm
Wonder if our premium has tripled?
https://www.mining.com/web/european-zinc-smelter-power-woes-spark-scramble-for-metal/
(25)
•••
ljp0101
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Comment by
ljp0101
on Dec 09, 2021 5:16am
Nope. Glencore wins again. 2021/2022 Contractural Period Terms As previously announced, for the period of May 1, 2021 to April 30, 2022 (the “2021/2022 contractual period”), the Fund agreed upon a fixed premium price on zinc metal sales with Glencore Canada. The purchase of concentrates continues to be made as per the agreement’s fallback position while negotiations with Glencore Canada
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