Kibush Capital Corp (fka DLCR)

[thelimeyone]

DLCR

http://www.mining.com/web/worlds-top-10-gold-deposits/

#3 | LIHIR | 64,100,000 Oz Gold
Location: Niolam (aka Lihir) Island, PAPUA NEW GUINEA
Now we're entering rarified air. In the #3 spot is Lihir at a whopping 64Moz+. This large tropical open pit mine began production in 1997 and is currently owned by Australian major Newcrest who acquired it in 2010 for a cool US$22B. It's another remote mine, located on the small island of Lihir, over 900km (560mi) east of Port Moresby, Papua New Guinea. The pit is actually in the caldera of an extinct volcano that is geothermically active. Retrofitting is currently underway to dramatically increase production, which will likely make it one of the largest gold producers as well.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=126700790

"WE HAVE $585m+ IN TIMBER RESERVES UNDER CONTRACT ALONE. THIS IS NOT EVEN COUNTING GOLD RESERVES. We may be looking at $1B+ assets"

So $415M+ in gold assets, but we can only mine max of 1M per annum
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tlo.