Replies to post #12141 on Kibush Capital Corp (fka DLCR)

[DeltaWarrior]

LMFAO really? In what world ????

DLCR

[DeltaWarrior]

Nevermind, I see why you think that. You history seems to show you have a huge interest in marijuana stocks. They were hot once, and will be hot again once the dea lifts the schedule 1, but most of those stocks do sell on news. The CEOs aren't usually transparent and honestly, they are just selling shares.

DLCRs CEO is very transparent and is willing to speak with any investor willing to call him. Either one has faith in what he is saying or they don't. I do, and I believe the 8k and PR are imminent like HE SAID.

DLCR

[Arosez]

DLCR

As previously announced, we also have a TA application pending for 2000 hectares in Kwikila Station, Rigo District, 55 kilometers East from Port Moresby (Rigo). The Rigo application was on the agenda for approval at the TA meeting scheduled for August 3, 2016, but that meeting was postponed until August 10, 2016. That delay allows for both the Rigo application and the Kubuna application to be heard on August 10, 2016. We expect that both the Kubuna and the Rigo applications will be approved at that time.

Including the 2,000 hectares included in the Kubuna TA application, Aqua Mining has more than 40,000 hectares of primary forest under contract for commercialization with the landowners of such property over time and subject to TA approval. With this initial TA application in Kubuna, we expect a resource recovery of 12 cubic meters per hectare, and a sale price of $750 USD per cubic meter, for a total of $18,000,000 USD in total revenue from this area. We expect logging operations on the Kubuna property to commence on or about September, 2016 and we expect that this TA will produce around 300 cubic meters per month, allowing for weather that may hinder operations during the wet seasons.