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stervc

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Re: StocksGoneWild post# 37214

Wednesday, 08/26/2020 10:09:27 AM

Wednesday, August 26, 2020 10:09:27 AM

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Significant DLCR 8-K; huge turnaround...

This is a significant 8-K just filed by DLCR that confirms their huge turnaround in the right direction:


https://ih.advfn.com/stock-market/USOTC/kibush-capital-pk-DLCR/stock-news/83141500/current-report-filing-8-k
Item 8.01 Other Events.

On August 11th, 2020, the Company’s subsidiary Paradise Garden Development (PNG) Ltd received approval from the Department of Forestry Papua New Guinea, on an application for the Timber Authority (TA) on 50,000 hectares in Senunu Forest area, which is in Gaire 46.6 kilometres southeast of Port Moresby. The Timber Authority approval for Lowland Forest area allows the Company to commercialize up to 5,000 cubic meters of timber within 12 months and is valid for an initial term of two years.


v/r
Sterling

Exit Strategy & Etiquette Thoughts for a Stock
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I never give investing advice; only my beliefs for risks in a stock.

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