Kibush Capital Corp (fka DLCR)

[finna_make_gains]

---Timber Logging Timeline & PPS Valuation---

1.

Sept. 08, 2016 (GLOBE NEWSWIRE) -- Kibush Capital Corporation (OTC:DLCR) announced today that its subsidiary company Aqua Mining (PNG) Ltd has successfully received approval from the Department of Forestry Papua New Guinea, on applications for the Timber Authority (TA) in Kubuna and the Timber Authority (TA) in Rigo.

2.

Sept. 27, 2016 (GLOBE NEWSWIRE) -- Kibush Capital Corporation (OTC:DLCR) (the “Company”) announced today that its CEO has returned from a site visit to Rigo Papua New Guinea...The Company anticipates that this process should take approximately one week and that logging should commence in Rigo before the end of September. Mr. Sheppard stated “revenues from operations in Rigo should commence within 30 days. Once operational I anticipate a significant increase in revenue over future periods.”

(Most Likely end of October?)

Oct. 13, 2016 (GLOBE NEWSWIRE) -- Kibush Capital Corporation (OTC:DLCR) (the “Company”) announced today that its subsidiary Aqua Mining finalized an agreement to purchase all of the shares in Paradise Gardens Developments Ltd. (“Paradise Gardens”) and has now completed the purchase of Paradise Gardens.

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:

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 (predicted O/S)= .0247

This takes time but it seems it finally is in the final stages.