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Bullboard - Stock Discussion Forum Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

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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... see more

TSX:KRN - Post Discussion

Karnalyte Resources Inc > Price Target
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Post by ohjeezuz on Mar 04, 2022 11:52am

Price Target

My price target for this thing is 10% of the old feas's NPV so a CAD $339M market cap. With current shares outstanding thats $8.04 a share. 

Of course there are other things that would make me sell such as a decline in the potash price. Russian Ukraine ware ending. Disappointing updated NI 43-101.
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