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Potash: You need to know this

Potash: You need to know this
Written by
Dawson Ignatieff
Dawson Ignatieff
Published on
February 1, 2024
Read time
4
 min read

Potash is Cooler Than you Think..

Happy Leonardo Dicaprio GIF by Jordan Belfort

Millennial Potash ($MLP.V / $MLPNF)

Farm Richard GIF

When scanning for new unicorns and high-risk stock picks, usually you look for the next science rocket appliance, AI cyber bot, Tesla unicorn anal probe spaceship, Elon Musk brain chip, Reddit-hyped, sexy-looking gem. But no, today we are looking at fucking fertilizer, well potash to be exact.



If you can read more than 2 paragraphs about the importance of Potash. hats off to you, you have some fucking mental strength. Potash is important but 90% of people value their mental health more than reading about it.

So quickly, I’ll get into why you should care about it, and then I’ll tell you the stonk we think is best positioned to get exposure to it.



Potash Speed run:

Potash is like the Viagra for farming. Farmers need it to make their crops grow big and tasty. Now, here's the deal, with more people poppin' up everywhere, we need more food. So, farmers need more potash to keep up with all you fat fucks.

And guess what? Some countries are like, "Nah, we're keepin' our potash to ourselves," and that's messing with the global supply. Since the Russia-Ukraine war we have actually been in deficit as Russia is the 2nd largest global producer, so Countries are on red alert now.

So now there is less supply, but still a growing demand? That's like a jackpot for potash prices.



Pretty simple, you wanna eat? We need potash. Russia’s fucking with the supply? We need more. We need more? Supply and Command motherfucker. Potash go 📈.

Millennial Potash DD 📚

Alright, alright, alright. I hope that was smooth-brained enough, but let’s get into the juicy shit now.

The Lads running the ship are always the most important part so let’s break it down.

Farhad Abasov, Graham Harris, Jason Wilkinson, Peter MacLean, and Rick Lacroix. Do any of those ring a bell? Probably not because you don’t know shit but these guys have successfully exited multiple companies such as Millennial Lithium, Allana Potash, Potash One, and Energy Metals.

These guys pretty much wake up erect to increase shareholder value.

Now, the nerdy shit.

The project.

We’re looking at 656m Tonnes, 1.15 tonnes inferred, and 70 Meters of Potash Deposit thickness - can you guess what it is?

Yep, you guessed right. Look at you go. It’s the Banio Potash Project which Millennial Potash is acquiring up to 100% of. The project is located in the West Africa Potash Basin but is situated in mining and development-friendly Gabon.

Next, finally, the stuff we actually care about.

The Capital Structure 👇

Board & Management own approx. 30% of the stock.

There are 57m shares out currently & 69m fully diluted with $1.6m in the till (kinda respect it, kind of annoyed).


Respectable insider ownership, with a nice cushy cash balance and a structure cleaner than my life will ever be. Checks all the boxes.

2024 Is MLP’s Year

What’s next for Millennial Potash?

👉 Upcoming Preliminary Economic Study

👉 Continue Drilling

👉 Looking to substantially increase resource estimate

👉 Bankable Feasibility Study

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