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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.


TSX:KRN - Post by User

Bullboard Posts
Post by businessenseon Feb 05, 2016 2:09pm
165 Views
Post# 24529289

?????

?????Will we ever get a straight answer? Any other players or just hoping? I would still expect GSFC to want  whatever proposal they have structured to be put to shareholders. I do not know what the Framework Agreement says, but a main premis at the time was confirmed by Robin after he got back in. As such, we should be hearing something one way or the other. It either has Robin's endorsement or not.
Bullboard Posts