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 Cacheitupon Apr 01, 2015 6:16pm

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Post# 23589217

Offtake

I think if management does pull off a deal(and I mean if) with some FI's it would also include the remaining 275,000 tons in a similar take or pay arrangement as the the first 375,000 ton OFFTAKE with GFSC, possibly with them again or with another fertilizer compan in India.

my understanding of the Indians situation, is that there soils are suffering from high sodium content, and that seeing as Krn would produce a potash that is vastly lower in sodium content then any other producer can economically supply they need it from Krn.

Any viewpoints or theories on this(that don't invove Ron Love on a grassy knoll or in a Texas book depository) would be great fully appreciated.

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