Company Overview:

Millennial Potash Corp. (TSXV: MLP) is a Canada-based mineral exploration company with a track record of fast-tracking projects. Led by the same board and management team behind Millennial Lithium (TSXV: ML), Allana Potash (TSX: AAA), and Potash One (TSX: KCL), the company is advancing its flagship Banio Potash Project in Gabon, West Africa. Banio is located in a proven potash-bearing basin within a stable mining jurisdiction and has the potential to become a significant producer using a low-cost solution mining method.

This Report covers the Price Action, Technical Indicators Analysis along with the Support Levels, Resistance Levels, and Recommendations on this stock.

Fundamental Highlights:

Millennial Potash Advances Banio Project Toward Development: The company has initiated a Definitive Feasibility Study at its Banio Potash Project, marking a key transition into the development phase. Supported by leading potash experts, robust mineral resources, and full DFS funding, the Company is advancing toward a mining license and long-term production growth.

MLP’s Technical Observation:

Millennial Potash continues to trade within a strong primary uptrend, holding above its rising 14-day moving average. Recent pullback appears corrective, with price rebounding on higher volume. RSI remains neutral-to-bullish, suggesting consolidation before a potential continuation toward prior highs.

MLP’s Daily Price Chart

As per the above-mentioned price action and technical indicators analysis, a ‘Speculative Buy’ rating has been given Millennial Potash Corp. (TSXV: MLP) at the last closing price of CAD 3.46, as of 14^th January 2026. Individuals can evaluate the stock based on the support and resistance levels provided in the report in case of keen interest taking into consideration the risk-reward scenario. 

Markets are trading in a highly volatile zone currently due to certain Macro & Micro-economic data and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels as on January 14, 2026. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Dividend Yield may vary as per the stock price movement. 

Note 5: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and the uptrend may take a pause due to profit booking or selling interest.

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.