InvestorsHub Logo
Followers 95
Posts 15292
Boards Moderated 1
Alias Born 06/21/2001

Re: None

Wednesday, 05/31/2023 10:27:30 AM

Wednesday, May 31, 2023 10:27:30 AM

Post# of 60
This news is quite impressive to me. We get 5% of a potential very high growth company AND locked in sales of 20% of our production.
IF MK Plus reaches $500 million valuation the would be $25,000,000 of value for Phenom. Sounds really good to me. Do not see any significant down side. Keep in mind this 'Phenom whereby Phenom will commit to providing 20% of its future Carlin Vanadium Project production concentrates to MK Plus AT FAIR MARKET value.' Seems like they negotiated one heck of a deal.

It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.