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 > Trade tracer posted this in March

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Post by highflyer57on Apr 20, 2022 8:05pm

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Post# 34618565

Trade tracer posted this in March

RE:Putin to Ban Exports of Raw Materials Too each their own but what I found interesting is a report from Morningstar giving Karnalyte a fair value of $2.36/sh, and their 5 star price is $1.19. Not sure how Morningstar calculates their numbers but at least they have some reputation behind them. I also agree with the other poster that there's no time like the present to get financing/bring in a JV/get shovels in the ground.

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