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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Comment by TRUBLVRon Mar 02, 2022 11:47pm

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Post# 34477747

RE:RE:Value and Catalysts

I enjoy the optimism, Nutrien is increasing production rapidly 1million tonnes in 2021, much higher for 2022,
BHP mine is getting closer to production, massive production.

reminds me of the good old days when KRN started, $700 potash back then,
last 10 years potash price has hovered between $250-350, will see how long the $800 sticks around

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