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 Feb 06, 2015 12:50pm

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Post# 23404324

RE:Where is the new CEO in all of this?

Yes financing will appear, this is shovel ready, and with the new higher brine temp economics that Robyn showed, and the falling CAD, and rising potash prices and the premium KRN will receive, and the magnesium, and the very low capex compared to all the other projects, and the falling price of natural gas, I could go on and on, this project is easily a GO now and everyone knows it, and that is what all the fighting is about. Just my opinion, and good luck to all.

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