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Bullboard - Stock Discussion Forum
Karnalyte Resources Inc
T.KRN
Alternate Symbol(s):
KRLTF
Chemicals
Consumer Cyclical
Chemicals
Advertising Agencies
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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TSX:KRN - Post Discussion
Karnalyte Resources Inc
> Is there a chance
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highflyer57
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Post by
highflyer57
on Aug 20, 2021 9:37pm
Is there a chance
BHP has a number of levers it can pull for future growth including exploration, making more of its existing resources, and partnering with smaller miners that have discovered deposits.
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•••
mdjbrown
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Comment by
mdjbrown
on Aug 21, 2021 12:11pm
hf, unfortunately potash juniors in Saskatchewan are really hurting right now as evidenced by Encanto, Western, and Karnalyte's inability to get their projects moving and now they have very little cash remaining, resulting in a lot of small companies desperately seeking that White Knight to stay relevant. Should any big player decide to swallow up juniors resources, it may not be at a
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