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Re: Stanner post# 17667

Saturday, 10/22/2016 11:36:03 PM

Saturday, October 22, 2016 11:36:03 PM

Post# of 38901
very good point:

November 15, 2015) - Kibush Capital Corporation (OTC: DLCR) announced today it has opened a Retail outlet for Timber Sales in the city of Port Moresby. CEO Warren Sheppard, stated: “As part of our Management Operations with Paradise Gardens Development (PNG) Ltd, we have identified a segment in the market that was not being catered to”. He went on to say, “We can target local users of timber for construction and renovation users”...The Company has also signed a long-term purchase order with Lae Timber and Construction, the largest Furniture and Construction Company in the city of Lae, New Guinea.



http://www.otcmarkets.com/stock/DLCR/news/KIBUSH-OPENS-RETAIL-TIMBER-OUTLET?id=119192&b=y

This is the background info on Paradise that was recently acquired by Kibush and was presented over a year ago.

June 22, 2015) - Kibush Capital Corporation (OTC: DLCR) announced today it has signed a management agreement with Paradise Gardens Development (PNG) Ltd...Timber Logging and Processing Company with operations in Papua New Guinea.



http://www.otcmarkets.com/stock/DLCR/news/Kibush-Capital-to-take-over-Management-of-Logging-and-Processing-Plant?id=107933&b=y

I am looking forward to what Warren has to say in the next PR. The dilution we have seen recently may reflect some other activities within the logging and milling process we have forgotten about. It would take some initial capital to acquire all the equipment needed. Nice observation Stan.

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