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.