Bullboard - Stock Discussion Forum Millennial Potash Corp V.MLP

Alternate Symbol(s): MLPNF

Millennial Potash Corp. is a Canada-based mineral exploration company. The Company’s exploration and evaluation assets are at the exploration stage. The Company's flagship asset is the Banio Potash Project located in Gabon, West Africa. The Banio Potash Project encompasses over 1,238 square kilometers (km2) situated in the southern part of the country, approximately 50 km south of Mayumba and... see more

Add To Watchlist

TSXV:MLP - Post Discussion

Millennial Potash Corp > Millennial Potash has completed a positive PEA for its....

View:

Post by sdhaka on May 02, 2024 12:53pm

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.

Keep reading this commentary in our free mining report for this week:https://www.researchfrc.com/content/analyst-ideas/post/75/we-anticipate-bhp-boosting-its-bid-for-bhp-by-up-to-11-potash-juniors-strong-pea

*FRC provides issuer paid coverage.

*Past performance is not indicative of future results.