Large amounts of accountants counting commas.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Step 1: go here ---> http://www.kibushcapital.com/
Step 2: Click on contact
Step 3: Compose a message for the CEO
Step 4: Await answer
Warren has the answer for your question not me...
I will post email later today away from my computer but it says:
I received an email from him this morning. maybe you should try to contact him!
I dont know why people are thinking this is it for the logging news. We still havent heard about Kubuna. I wish Warren would just take out another loan and get both sites operating ASAP.
what are you talking about? If I remember right there are two Timber contracts granted in the Sept. 8-k
We still havent heard about Kubuna, that's another 200k+ a month operation once that starts running as well.
It does not look like Warren wants to take out anymore Toxic Debt if possible the way I interpret the PR too, "Once we have consistent revenue, we plan to upgrade our capital equipment in order to increase logging"
stickied, should see some decent slaps going into close, hold em tight.
Kibush Capital Completes First Week of Timber Operations at Rigo, PNG
Nov 08, 2016
OTC Disclosure & News Service
-
MELBOURNE, Australia, Nov. 08, 2016 (GLOBE NEWSWIRE) -- Kibush Capital Corporation (OTC:DLCR) (the “Company”) announced today that its subsidiary Aqua Mining had completed its first week of operations at Rigo. During that week we have cut 42 trees which will yield approximately 200 cubic meters of timber and we will now commence processing the rough sawn timber. Two Lucas mills are currently on site in Rego, and the Company will move two more mills from Brown River TA to Rigo to boost our capacity. Once these additional mills are in place we plan to run two shifts to maximize output. The yield from the log processing may vary, but we forecast an output of 400 cubic meters per month when fully operational. Based upon our estimated sales mix and customer requirements, we estimate that 400 cubic meters of timber would result in revenues in excess of $250,000 per month. Once we have consistent revenue, we plan to upgrade our capital equipment in order to increase logging and processing capacity for a 50% increase in output. Warren Sheppard, the Company’s CEO stated, “this is a great achievement by our management team and employees located in Papua New Guinea. It is great to see that the Timber Authority resource at Rigo can now be quantified by actual logging and processing results. We look forward to the growth of our timber operations in Papua New Guinea.”
About Kibush Capital Corporation:
Kibush Capital is a Resource company with Timber Operations in Papua New Guinea, Gold exploration in Papua New Guinea and Jade exploration in New South Wales, Australia.
Safe Harbor Statement:
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties.
$DLCR projection news finally out .0013's up
http://www.otcmarkets.com/stock/DLCR/news/Kibush-Capital-Completes-First-Week-of-Timber-Operations-at-Rigo--PNG?id=144250&b=y
250k X 12 = 3 million per year.
O/S prolly around 350 million
PPS should be around .0085 realistically. I'll just wait for market correction.
who follows $DLCR and doesnt own or says they dont intend to own it because it is a "scam"?
This post smells FISHY
WARREN, MAKE DLCR GREAT AGAIN ON TUESDAY!!!
was warren CEO under those splits?! NO!
damn youre right i forgot theyre a day ahead of us.
someone email warren today he usually responds if you email around 5 pm est. right away. I am sure he is sick of seeing emails from me by now. see if you can get any answers if his revenue projections are almost complete.
held a lot better than I expected from what was going on yesterday at close. not a terrible day here. hope this is the start of an uptrend.
I honestly thought we would see it wednesday, i picked up some .0016's yesterday...but yet again they are already in the red...
i think its been retail for the past 3 days.
closely watching this
I agree... although i am not sure if we are still seeing dilution or this is all retail?
cmon warren, i have 10 kids to feed from 4 estranged wives. got child support to pay. Put out some news already!
yup. thanks for the clarification.
The last time they filed the 10-k it was for the ending period in Sept. it was posted in Jan.
please tell me he did not give that as an answer when you questioned him on a rigo update.
when did he say that? all ive heard is the word imminent. I wanna hear news as bad as you but do not get any more hopes up please lol
I do not blame them to be impatient, been holding for over a month now.
take the bids off, let her drop to .001
more liquid for them to convert when the PPS is lower.
why the hell would someone unload on 16's when 19's where just smacked out of there? conversions must still be going on... they want the PPS to close as low as possible.
heard that beau, heard that. Warren should release those damn revenue numbers. I do not care if theyre not 100% accurate nothing is.
bid whack paint today?
$DLCR still waiting on revenue PR... .0018's up
I was going to say the same thing. The end of last week it was bid whacked at close too
warren finna drop a PR tomorrow or stress us out till the end of the week?
heard that, waiting with ya. No need for anything else to be said here.
its true lol. lease on the benz might be due. i bet you there is one poor schmuck that had to sell stocks to day to put food on his table.
idiots, I hope they have a good reason. It is the end of the month maybe they had to reload their minutes on their phone for November or cable bill?
it is and they keep getting refilled by ignorant sellers. Warren better put out news next week...