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Bullboard - Stock Discussion Forum
Karnalyte Resources Inc
T.KRN
Alternate Symbol(s):
KRLTF
Chemicals
Consumer Cyclical
Advertising Agencies
Basic Materials
Karnalyte Resources Inc. is a Canada-based development stage company. The Company is engaged in the exploration and development of its property and possible construction of a production facility and development of a potash mine. It is focused on two fertilizer products, potash and nitrogen, to be produced and manufactured in Saskatchewan. The Company owns the construction ready Wynyard Potash...
Project, with planned phase I production of 625,000 tonnes per year (TPY) of high-grade granular potash, and two subsequent phases of 750,000 TPY each, taking total production up to 2.125 million TPY. The Company is also exploring the development of the Proteos Nitrogen Project, which is a proposed small scale nitrogen fertilizer plant with a nameplate production capacity of approximately 700 metric tonnes per day (MTPD) of ammonia and approximately 1,200 MTPD of urea, and a target customer market of independent fertilizer wholesalers in Central Saskatchewan.
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Bullboard (TSX:KRN)
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(494)
•••
mdjbrown
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Post by
mdjbrown
on May 12, 2022 11:41pm
Anyone??????
How is it possible to recover $209,000 as income on a decommissioning liability due in 2038. Other income: "for the three month period ended March 31, 2022 were $217,000 compared to $190,000
...more
(494)
•••
mdjbrown
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Post by
mdjbrown
on May 12, 2022 11:26pm
Q1 Financials / MD&A out
Karnalyte has net working capital of $1M at March 31 2022-05-12 22:46 ET - News Release Mr. Danielle Favreau reports KARNALYTE RESOURCES INC. ANNOUNCES 2022 FIRST QUARTER RESULTS Karnalyte
...more
(3)
•••
fishtruth
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Comment by
fishtruth
on May 12, 2022 4:08pm
RE:RE:RE:RE:Stock down ahead of the New NI 43-101
Cash value only 12 cents.
(62)
•••
bigkagan
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Comment by
bigkagan
on May 12, 2022 3:20pm
RE:RE:RE:Stock down ahead of the New NI 43-101
I'm afraid that by the time this update arrives the SP will be hitting 30 cents the way things are going, they better hurry up
(494)
•••
mdjbrown
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Comment by
mdjbrown
on May 11, 2022 10:44am
RE:RE:Stock down ahead of the New NI 43-101
bk, it will be interesting to see how the substantial increase in just about everything the last 2 years affects both the CAPEX and OPEX of the project. Natural gas has gone up drastically and is the
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(62)
•••
bigkagan
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Comment by
bigkagan
on May 09, 2022 3:28pm
RE:Stock down ahead of the New NI 43-101
Why should the report be bad, they still have the same amount of potash in there, it didn't evaporate, heh
(62)
•••
bigkagan
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Comment by
bigkagan
on May 09, 2022 3:23pm
RE:RE:RE:RE:RE:RE:RE:RE:Maybe GSFC can nominate this gentleman to sit on the board
It's their own fault that they have to re-submit an enviro report because they dragged out this whole thing for so long. They thought that GSFC could be their JV partner, but it was a mistake
...more
(5)
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ohjeezuz
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Post by
ohjeezuz
on May 09, 2022 12:28pm
Stock down ahead of the New NI 43-101
stock moving down is possibly due to insiders selling before the report is released. if the report is good the stock will have a lot of room to run though. if it moves higher ill buy in but as of now
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(494)
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mdjbrown
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Comment by
mdjbrown
on May 09, 2022 9:17am
RE:RE:RE:RE:RE:RE:Maybe GSFC can nominate this gentleman to sit on the board
fishtruth, if you have some time to read all the Affidavits of the former Karnalyte execs / board, these documents are absolutely fascinating, and beg the question of who was acyually calling the
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(494)
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mdjbrown
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Comment by
mdjbrown
on May 09, 2022 8:58am
RE:RE:RE:RE:RE:RE:RE:Maybe GSFC can nominate this gentleman to sit on the board
bk, what exactly is your definition of construction ready? With a min $65 million natural gas feed required for the project, and by the looks of it, re-submitance of environmental applications for
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(62)
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bigkagan
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Comment by
bigkagan
on May 09, 2022 12:35am
RE:RE:RE:RE:RE:RE:Maybe GSFC can nominate this gentleman to sit on the board
Anybody can build a nitrogen plant, but not everybody has a construction-ready potash mine like KRN has
(3)
•••
fishtruth
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Comment by
fishtruth
on May 07, 2022 8:40am
RE:RE:RE:RE:RE:Maybe GSFC can nominate this gentleman to sit on the board
Mr. Brown very interseting comments. Right now KRN seems to be at a stand still. I don't what is maintaing the $.50 plus share price. There are lots of red flags in the last news release. Every
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(494)
•••
mdjbrown
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Comment by
mdjbrown
on May 06, 2022 9:00am
RE:RE:RE:RE:Maybe GSFC can nominate this gentleman to sit on the board
bk, those folks are gone, but more importantly shareholders need to know what Agreements are still being relied upon between Karnalyte and GSFC, and any restrictions or time related penalty clauses to
...more
(62)
•••
bigkagan
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Comment by
bigkagan
on May 06, 2022 1:46am
RE:RE:RE:Maybe GSFC can nominate this gentleman to sit on the board
All the more reason to get rid of all those people who did it and get a new start with new people
(494)
•••
mdjbrown
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Comment by
mdjbrown
on May 06, 2022 1:05am
RE:RE:Maybe GSFC can nominate this gentleman to sit on the board
bk, it is not the popular stance here, but GSFC is not to blame for the control they acquired. According to those in the know, the board vote on the Rights Offering was unanimous. 6 Directors of
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