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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

Chemicals Consumer Cyclical Advertising Agencies Basic Materials
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 > Missed opportunity
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Comment by mdjbrownon Aug 27, 2021 6:42pm
147 Views
Post# 33777407

RE:RE:Missed opportunity

RE:RE:Missed opportunityouch PrarieOil

Maybe they can relocate corporate HQ to Wynyard since they own that building there anyways, and they wouldnt have to pay a virtual desk rental unless of course that building and contents is on the chopping block as well!

Really starting to look like layoffs may have also occured, shareholders just havent been informed yet

Any one else starting to feel the Care and Maintenance vibe?






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Dealroom for high-potential pre-IPO opportunities