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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.


TSX:KRN - Post by User

Karnalyte Resources Inc
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Post by crazytownon Jul 09, 2014 5:22pm
185 Views
Post# 22730341

RE:Bonuses

RE:Bonuses
Mindful601, are you saying Drolet got a $250 000 bonus already, and Love got a $170 000 cash bonus recently or are these numbers you are referring to share options that were granted. Could you please post a more detailed account of their insane compensation. Thanks in advance. It all quite honestly sounds so disgusting either way I just want to be sure I am hearing you right. Just my opinion good luck to all.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities