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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Comment by amhbon Apr 15, 2015 11:30am

117 Views

Post# 23631741

RE:RE:maybe just give shareholders cash back and close shop?

No accounting trick noted

amhb wrote: Simple math

approx 150 million tonnes of kcl x $300 = 45,000,000,000. 45 billion
approx 100 million tonnes of mgcl x $120 = raw out of ground no processing $12,000,000,000 12 billion
turn mgcl the MgO then between 600 and ??? a tonne then = 60,000,000,000 $60 Billion

total over $100 BILLION. Today. No accounting tricks included.

Answer to question. No