Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Glad we had the valuation released

So SPQ directors are going for 19cents, it seems.

Fortunately we do have the valuation figures for KWG, including the NSR. Even with CLF in control & able to choose which deposit to mine first, KWG still gets the 1%, has the rail-line claims and preliminary work in hand, and as a 'junior partner' is entitled to a share in the revenue from the deposit when it is exploited.

We may have to wait for our money, but the value is there.

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