Paradise Garden acquired to cut out middle man and to process the timbers to be available at retail outlet: Kibush Capital Corporation (OTC: DLCR) announced today it has opened a Retail outlet for Timber Sales in the city of Port Moresby.
4. Valuation:
avg cubic meter ((750+500)/2)=$625 USD. 10,000 X 625 = 6.25 million. Acquired contract from Paradise Gardens:
$200,000 X 12 = 2.4 million. 2.4 million + 6.25 million = $8.65 million in revenues per year.
This takes time but it seems it finally is in the final stages.
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