Karnalyte Resources Inc T.KRN

Alternate Symbol(s): KRLTF

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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 businessenseon Feb 07, 2016 12:15pm

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Post# 24533331

RE:RE:RE:RE:RE:RE:Magnesium Project

Fine. You asked about capacity and I told you about cost. Then based on $10mm of revenue per year after Contruction how long does it take to raise the capital needed. Pretty basic math. You're the one who asked for an explanation. As to who should be investing, based on everything that has unfolded, that could be said about a lot the people who invested here. Again we will see what transpires and the day they turn a profit, we will see what the share value is and the math will confirm exactly how accurate the projections are. Kind of hard to be sure with the limited or subjective information provided. Please explain your math if you if you can. I told you my number without wanting to waste too much time on this.

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