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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

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.


TSX:KRN - Post by User

Bullboard Posts
Comment by rythmanon May 22, 2014 5:20pm
155 Views
Post# 22589530

RE:RE:Financing

RE:RE:Financing
Natural gas prices will probably rise in the future but remember, they rise for everyone equally so the cost input is the same for all producers wether they are in Canada, Russia or the US.
Your comment that the EPC is soaking them in design changes and expenses and that they won't even pick up the phone are contradictory. And I imagine that you spoke to one person at the EPC and how can that person speak for the entire EPC and what makes that person a specialist in potash development and price valuation. Sorry but it dosen't. I'm sure that karnalyte management is well aware of the energy supply risks and have taken steps to support thier feasibility study. At least I hope they have. rythman
Bullboard Posts