The Article says "Phoenix’s valuation accounts for most of Wakim’s wealth." Not sure how they come to valuation of $1.1bn and what does it translate to full value of Wakim.
The article was written by John Stensholt who previously interviewed Nick.
So far in last one year Nick's linkedin profile connection jumped from 500+ to almost 800. It could be the mix of mining professionals, racing and realestate lawyers & agents.
Phoenix management's profile (Nick + directors) are either endorsed or viewed by many well known mining professionals from CEO to Geologist of Albamarle, MinRes, PLL etc.
