Kibush Capital Corp (fka DLCR)

[TradersQue]

DLCR
Market Cap 4,969,279 05/26/2021
Authorized Shares 2,000,000,000 05/17/2021
Outstanding Shares 637,087,103 05/17/2021
Restricted 150,299,826 05/17/2021
Unrestricted 486,787,277 05/17/2021
Held at DTC 486,757,095 05/17/2021

Lumber Conversion:
The quick conversion is 424 bf = 1 cubic meter. So, 1 MBF = 2.36 cubic meters.

https://wolfstreet.com/2021/05/05/lumber-scary-crazy-inflation-now-gets-passed-on-but-these-wtf-price-spikes-cannot-last/

$3,392,000 @ 1 yr
OTC DISCLOSURE & NEWS SERVICE
Kibush Capital (DLCR) Announces Timber Authority Approval for Additional 5000 Cubic Metres of Timber
Press Release | 09/09/2020
MELBOURNE, Australia, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Kibush Capital Corporation (OTC: DLCR) announced today that its subsidiary company Paradise Gardens ( Development (NG) Ltd has successfully received approval from the Department of Forestry Papua New Guinea, on applications for the Timber Authority (TA) in Senenu Forrest, Gaire. The area at Gaire is approximately 45 kms from the capital of Port Moresby along the coast to the southeast of Papau New Guinea.

The Timber Approval allows the company to commercialize up to 5000 cubic metres of timber within 12 months and is valid for an initial term of 2 years. With the road the company has built linking the resource area to the main highway, the operations will not be hampered by weather or environmental conditions. This is approval for 5000 CM of timber will add to the already growing list of revenues sources the company has secured.

$3,250,000 @ 650k per yr
OTC DISCLOSURE & NEWS SERVICE
KIBUSH CAPITAL INC (DLCR) ANNOUNCES THE SIGNING OF MULTIPLE LONG-TERM SALES & SUPPLY AGREEMENTS
Press Release | 06/10/2020
MELBOURNE, Australia, June 10, 2020 (GLOBE NEWSWIRE) -- Kibush Capital Corporation (OTC:DLCR) (the “Company”) announced today the signing of multiple long term sales and supply agreements, allowing the company to generate significantly more revenue in the coming quarters.

The first set of agreements is comprised of two rolling purchases orders to plywood factories in PNG (Papua New Guinea) at a max rate of 1000 cubic meters per month each. Additionally, the company will be able to sell the logs unprocessed straight from the resource area to their factories at a rate of $100 USD per cubic meter. The next agreement is with an exporter who will take as much as 4 containers per month (30 cubic meters per container) for export into India, at a rate of $650.00 USD per cubic meter.

The company has also made several significant commercial agreements that will help in continuous year-round operations. A road has been built that will allow 24-hour access to the site and can withstand all seasons; something that was a previous issue. Additionally, the 5-year agreement with the landowner covers 50,000 hectares and allows DLCR to sign another 7 landowner groups each with a minimum of 50,000 hectares each. This is a huge development for the company moving forward as there will no longer be a review period after each year, allowing for continuous operations and continuous revenue generation.