Recent News from (OTC: DLCR)
|Daily OTC Markets Round-Up - 9/19/2017|
|This article is part of an ongoing series which provides information relevant to stocks on the OTC markets on a daily basis. It provides stocks with the most daily volume, and the biggest winners/losers in terms of changes in stock price. It then provides information on the stocks which have e...|
|Date: September, 20 2017 13:23|
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About Kibush Capital Corp (OTC: DLCR)
Kibush Capital Corp has resource operations in Papua New Guinea. The resources are primarily a Timber and Logging operation, and secondly the subsidary has Licences for Alluvial Gold processing. Currently the company is focusing on Logging operations and will pursue the Gold opportunities in the near future. A subsidiary company of Kibush Capital Corporation known as Aqua Mining has approval from the Department of Forestry Papua New Guinea to undertake logging in the Kabuna and Rigo areas. The timber authority TA allows control of , hectares in Kubuna, located in the Central Provence District around kilometres N NE of Port Moresby. Additionally, Aqua Mining has greater than , hectares of primary forest under contract for commercialization with landowners of such property over time subject to TA approval . Aqua Mining was also successful in securing a second TA for , hectares in Kwikila Station, located in the Rigo District around kilometres E of Port Moresby. Furthermore, Aqua Mining has negotiated with landowners to commercialize the total area of , hectares over time with the appropriate TA approval. For both of these respective sites, it is expected that cubic metres of timber should be recovered per hectare and allowing for poor weather conditions, each site should produce an average of cubic metres per month.
- Warren Sheppard / CEO
Current Share Structure
- Market Cap: $368,709 - 03/15/2018
- Authorized: 975,000,000 - 02/26/2018
- Issue and Outstanding: 184,354,541 - 02/26/2018
- Float: 34,024,533 - 02/26/2018
Daily Technical Chart for (OTC: DLCR)
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