Greetings all,

I have been a KWG shareholder since October 2007. Now that I can now look at the share price for prolonged periods of time without wincing excessively, I would be interested in attempting to place a valuation on KWG shares.

One such way to accomplish this would be to use a similar acquisition as a proxy, and to then consider the incremental value of any net differences. FWR appears to be an excellent proxy for KWG of which to begin this excercise, and I'm wondering if there are any on this forum who would be in a position to briefly outline any net differences that exist between the two companies?

Cheers,

Chris