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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

Comment by TradeTraceron May 25, 2021 2:55am
131 Views
Post# 33258485

RE:RE:RE:RE:RE:1st qtr results

RE:RE:RE:RE:RE:1st qtr results
businessense wrote: Potash prices at an all time low,  prior board members who bring nothing but a lawsuits. Yup, that’s the ticket!


I would need to see your sources for potash being at all time lows? Cycle down to my Western Producer articles stating (then) current prices Can't help the lawsuits going on, just proves people are pissed off with sitting on the fence Once upon a time Karnalyte was a $150 million/$8 per share company, and if you run numbers the value is there if they could get some construction underway with Phase 1 or with the N plant, think that would please all still involved with this company
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