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 > Value and Catalysts

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Post by ohjeezuzon Mar 02, 2022 4:08pm

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Post# 34476553

Value and Catalysts

Value:
•147 million tonnes of mineable (proven and probable reserves) of KCl. Which is $117.9B USD worth at potash price of $802 per tonne price (price as per Nutrien annual report)
•project is located in Saskatchewan which is the 3rd best mining jurisdiction in the world as per the Fraser Institute
•NPV from 2016 bankable feasibility study is $3.39B CAD or $80.39 per share for potash project

Catalysts
•revised feasibility study with higher IRR
•buyout
•buyout of another potash company
•magnesium project feasibility study (pre-feas NPV is $512M CAD or $12.14 per share)

lets get it

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