Bullboard - Stock Discussion Forum Noranda Income Fund Unit NNDIF

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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 > TC’s

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Post by Bwrbhk on Nov 16, 2022 7:43pm

TC’s

The most important things going forward for the share price is getting the plant up and running again at or close to the historical rates and TC's. If the consultants are right and TC's go to $300/t next year, The zinc plant will be a money machine for several quarters and the share price will be many times the current level. Glencore will attempt to squeeze extra benefits for themselves but it will be irrelevant.

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