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 IXL1969on Nov 25, 2016 10:57am

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Post# 25513347

RE:RE:RE:Forecast for Price of Potash

I find those “gross cash cost” in USD interesting, especially Uralkali.
From their web site,
in 2013 they made +666,328m net.
In 2014 they made -630,856m net – end of 2013 price started to collapse
In 2015 they made +183,768m net – end of 2014 the price of oil collapsed, as well went rouble from $.034 to $.014
In 2016 ending June, CEO concerns – strengthening rouble
Did not look up these three, but did POT, Agrium or Mosaic post losses in any annuals since 2013??
If Uralkali (and Belaruskali) so efficient, why are they hurt the most in current environment??

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