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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.


TSX:KRN - Post by User

Comment by mdjbrownon Jun 11, 2022 9:01pm
188 Views
Post# 34749728

RE:RE:RE:RE:RE:RE:RE:RE:Kudos to the corporation for webcasting

RE:RE:RE:RE:RE:RE:RE:RE:Kudos to the corporation for webcastinghf, locking up a massive resource in a stable environment has been thought to be by many as GSFC's ultimate goal.

That box has been checked, and the deposit isnt going anywhere whether it is mined tomorrow or in the next century, and I am confident advanced downhole technology will have transpired by then as well.

Western sanctions against Russia and Belarus doesnt mean those massive mines arent still producing, and that potash is likely available for cheap to those who are willing to close one eye regarding the Ukraine invasion. Freight appears to be the biggest challenge

Oh to be a fly on the wall to witness the back door deals going on between Russia, China, and India as I am guessing the price per tonne from Russia or Belarus through back channels is not even close to the current global price

The interesting potash miner is Swiss run Eurochem which until a few weeks ago was owned by a Russian Oligarch until those assets were transfered to his wife. They operate a huge mine in Russia


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