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 > Q1 Financials / MD&A out

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Comment by bigkaganon May 14, 2022 6:05pm

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Post# 34684326

RE:RE:RE:RE:RE:RE:RE:RE:RE:Q1 Financials / MD&A out

If you went to a dentist 5 years ago it doesn't mean that dentist has treated you every day since then - the same is with Ercosplan: KRN used their services once back in 2016 and nothing since then until now when they got a new assignment from KRN to update the brine thing. It shows that things start moving regarding the mine

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