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.

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Karnalyte Resources Inc

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Post by crazytownon May 26, 2014 11:41am

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Post# 22598133

RE:RE:KRN Share prediction

IRR is up to 25.5% at $400 potash if you look at PAGE 7 of presentation and the higher brine temp. This is extremely robust and implies profitablility at much lower prices. If you listen to last conference call it seems to imply to me prices are already becoming acceptable, and the project could be a go here. Just my opinion, good luck to all.

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