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 mdjbrownon Jun 30, 2021 10:43am

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Post# 33472851

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

patos, the ychart reported $245 fob Vancouver in April 2020 decreasing to $202 in June 2020.

Are they still running potash through the west coast ports? lol

NOLA is out of New Orleans and there would be a conversion from short ton to metric ton when calculating costs. I believe it is roughly 10%

When I get time, I will look for the minimum price per ton fob Vancouver that the Wynyard project is feasible. It is in the Technical Report somewhere, but keep in mind the last TR was updated 6 years ago, and obviously costs have increased since then.

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