Millennial Potash has completed a positive PEA for its.... Millennial Potash has completed a positive PEA for its Banio potash project (Gabon)!
Analyst Opinion: Positive - The study returned an AT-NPV10% of US$1.07B, and a high AT-IRR of 33%, using a 25-year average potash price of US$387/t. Shares are trading at just 1% of the AT-NPV. Banio hosts a large-tonnage/low-grade potash resource. Management is planning a resource update, followed by a feasibility study. We will publish an update report shortly.
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*Past performance is not indicative of future results.