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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

Chemicals Consumer Cyclical Chemicals Advertising Agencies
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

Karnalyte Resources Inc > The bigger picture for shareholders may be getting lost!
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Comment by AriW16oon Jun 13, 2021 11:48pm
208 Views
Post# 33380194

RE:The bigger picture for shareholders may be getting lost!

RE:The bigger picture for shareholders may be getting lost!the cash situation looks very ugly. It may not survive 2021 at all!
How many lawsuits still coming with how much cost will drain the remaining cash. In the mean time, they want to increase the BoD numbers? It really doesn't make any sense. 

GSFC and some greedy people / fake csg bring this company to the ground.
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