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 Aug 25, 2016 6:38pm

158 Views

Post# 25178191

RE:RE:RE:RE:RE:GSFC Proposal - Important

Based on something I read and will have to read again, I am not sure that the control is a evident as I thought.

A lot of other stuff that frankly I am not sure why or agree with, some may not be unreasonable and fail to see the logic with others making sense for a project of this size.

Nothing we can sort out. All I know is it has to make sense. Sure wish they were able to sort it out. They still seem close.

The $1.83 is minimum since the market is what will set the price. This is not an acquisition price. Anyhow, that is about as much as I care to say. Slow process and not sure people are cummunicating very well.

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