I was at the Cambridge Conference yesterday(Saturday) and have posted what I found out on KWG and FWR boards. Please read my posts of today on those boards, much of which is very relevant to SPQ, though since they were not represented at the Conference I was unable to speak with anyone from this company.
In brief, KWG intends to build a rail line, a concentrator onsite at McFaulds, and a smelter elsewhere, in partnership with Cliffs. Since SPQ holds equal shares with KWG in the JV chromite finds, this is all good news for SPQ.