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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Post by highflyer57on Jul 23, 2017 8:25pm

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Post# 26499812

On Dec. 30th I asked Robin about optimization. His response.

Greetings

Our cavern was closing in on our design concentrations when the weather got cold in November. It was enough that our engineering provided signed off as successful. We still have more work to optimize the process next year.

This is a big step to have our assets given back, I am looking for the potash price to stabilize and go up a little to complete the come back.

Thanks

So is this the truth?

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