NDF report sp targets/Phosphagenics Receives Arbitration Update

Below is the link to the NDF Report for anyone who missed it with sp targets etc.

http://www.phosphagenics.com/wp-con...3b_phosphagenics_report_from_ndf_research.pdf

NDF highest strike rate with 8 out of the 11 initiation reports issued from July 2016 to the end of last year, the base target set by NDF was hit. In one of those cases, all three targets were smashed

If the POH base case target is hit, that's a 250% return from current levels. Based on NDF hit rate, one could assume POH has a 72% chance of hitting that within 6-24 months & that's not factoring in ARBITRATION outcome

I have attached what is proposed by management as a payout should ARBITRATION be successful & as you can see even at a minimum it is still a huge pay day for shareholders

DYOR