Jun. 23 at 6:08 PM
$MLPNF Posted on behalf of Millennial Potash - On Crux Investor, the Millennial Potash Chairman framed why the Banio Potash Project in Gabon screens well in a market controlled by a few disciplined producers: when you can't set the price, cost is the whole game.
The PEA pegs OPEX near US
$61/t MOP, on US
$480M CAPEX for the 800,000 TPY case, with post-tax NPV(10) of US
$1.07B and 32.6% IRR (PEA, Apr 23, 2024; not reserves). Transport to Brazil runs about US
$22/t.
Potash was added to the U.S. 2025 List of Critical Minerals on Nov 6, 2025. The ERCOSPLAN-led DFS and ESIA target H2 2026, fully funded alongside the U.S. DFC, which committed US
$3M and wants to lead project financing.
Full interview: https://www.youtube.com/watch?v=7vZ9FQYC86U&t=56s