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Millennial Potash Corp.

Millennial Potash Corp.

ISIN:  CA60041F1018

WKN: A3DXEK

Valor: 124631292

Resource focus:

  • Potash

Phase:

Exploration

Company presentation:

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Market Cap.

Performance 1 J

P/E Ratio

Exchange

Company description

Millennial Potash is the new company of the successful team around CEO Farhad Abasov. The company is fast tracking the development of a large solution mining Potash project called Banio in Gabon. The company acquires 100% ownership through staged payments and exploration work. Significant historic drilling intersected significant potash‐rich horizons from 230m to 520m depths and great upside potential. The location is strategically ideal with good infrastructure and in a the well‐known potash‐bearing basin in business‐friendly Gabon. They have an exploration camp, drill rigs and drill core on site. Management has a solid track record and is experienced in potash and other large mining projects, with a track record of multiple M&A exits. They developed and exited two large potash projects in Africa and North America and wanna now use the positive dynamic in the Potash Sector again. Significant supply constraints due to geopolitical risks are arising and show solid demand for fertilizers including potash. 

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