Kibush Capital Corp (fka DLCR)

[finna_make_gains]

PPS Valuation:

On September 8, 2016, the Company’s subsidiary Aqua Mining (PNG) Ltd received approval from the Department of Forestry Papua New Guinea... The Timber Authority approval for Rigo allows the Company to commercialize up to 5,000 cubic meters of timber per year and is valid for an initial term of two years. Aqua Mining currently has more than 25,000 hectares of primary forest under contract for commercialization with the landowners in Rigo. The Timber Authority approval for Kubuna allows the Company to commercialize up to 5,000 cubic meters of timber per year and is valid for an initial term of two years. Aqua Mining currently has more than 40,000 hectares of primary forest under contract for commercialization with the landowners in Kubuna.

avg cubic meter ((750+500)/2)=$625 USD. 10,000 X 625 = 6.25 million. Acquired contract from Paradise Gardens:

Feb. 16, 2016 Kibush Capital Corporation (OTC: DLCR) announced today a 100% increase per month in Revenue. It has completed a review of a Primary Forest Sector included within the existing Timber Authority in the Kairuku Hiri District in Papua New Guinea covered under our Management Agreement with Paradise Gardens Ltd. After a site visit to the region last week by the CEO Mr. Warren Sheppard, he stated that the harvesting of Primary Forrest Trees will increase output from 250 cubic metres to 500 cubic metres per month and the resultant Revenue will increase 100% to $200,000 per calendar month.

$200,000 X 12 = 2.4 million. 2.4 million + 6.25 million = $8.65 million in revenues per year.

8.65/350 million OS (predicted O/S) = .0247