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 > Potash prices further increased in May to $353-365/t range

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Comment by AriW16oon Jun 30, 2021 2:19am

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Post# 33471672

RE:RE:Potash prices further increased in May to $353-365/t range

I confused too about potash price, why the difference between yahoo chart link and this link

https://www.dtnpf.com/agriculture/web/ag/crops/article/2021/06/11/potash-prices-rising-wholesale

"Not only are prices moving higher due to concerns over potential sanctions against Belarusian potash, but an early announcement came from Mosaic that it would close two of its Canadian potash mines earlier than planned. NOLA granular potash barges were assessed at $353 to $365/t FOB, over $50 higher from April price levels following increases from summer fill reset and other firm trends in the wider market."

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