Phaius tankervilleae

[bitis78]

Sounds like you've got the right situation for it. This species is one that does not seem to mind coco husk fibre (though I choose not to use it) and the rest of the mix sounds great - well-drained, whilst moisture retentive.

Yes, it blooms once a year only, but the flowers last for weeks, so you at least get to enjoy it for some time.

Each pseudobulb can produce many growths and I find that specimen plants will tend to grow in an ever-widening circle, as growths form in all directions. It does not need to be pot-bound to flower, but at the rate it grows, it becomes pot-bound almost annually! hehe