Posted On: 10/14/2016 10:48:59 PM
Post# of 539
Xylan you incoherent idiot. If anyone is willing to respond to this jackass feel free to copy. (I am out of posts on Ihub)
First off you clearly cannot identify the PR's are about Paradise Garden Development revenues.
Secondly with a very small bit of research you would come across this in DLCR's 10-k:
with recent filings that have come forward, it has shown that Paradise Gardens is indebted so we havent had large amounts of revenue streaming from the agreement with Paradise Gardens. Now since we have acquired the Paradise Gardens we shall see the reflected numbers in revenue in the future on Kibush's filings. Its not hard to find the information, stop misconstruing the PR's for your own personal agenda, whatever the hell that is.
So lets see, 200k a month starting in Feb. easily 1.2 million in revenues now from the acquisition plus the new contracts that will produce 10,000 cubic meters to be harvested for the next two years at an avg of 625 per cubic meter, thats 7.45 million in revenues per year if my math is correct.
First off you clearly cannot identify the PR's are about Paradise Garden Development revenues.
Secondly with a very small bit of research you would come across this in DLCR's 10-k:
Quote:
Kibush Capital Corporation had entered into a management agreement with Paradise Gardens Development (PNG) Ltd, a Timber Logging and Processing Company with operations in Papua New Guinea Paradise Gardens. The Company has the right to Paradise Gardens operates a Timber Authority registered with the PNG Forest Authority which permits an annual timber harvest of 5000 cubic meters, the total area under the Timber Authority is 3300 hectares. Predominant species include Terminalia, Aglaia, White Cheesewood, Pink Satinwood, Erima, Taun, Rosewood, Kwila and other hardwoods. Paradise Gardens primarily sells its timber locally to retailers and wholesalers in Papua New Guinea. The Company is in negotiations with the owner of Paradise Gardens to acquire control of Paradise Gardens. During the negotiation period, the Company's management fee includes the profit earned by Paradise Gardens during such period
with recent filings that have come forward, it has shown that Paradise Gardens is indebted so we havent had large amounts of revenue streaming from the agreement with Paradise Gardens. Now since we have acquired the Paradise Gardens we shall see the reflected numbers in revenue in the future on Kibush's filings. Its not hard to find the information, stop misconstruing the PR's for your own personal agenda, whatever the hell that is.
So lets see, 200k a month starting in Feb. easily 1.2 million in revenues now from the acquisition plus the new contracts that will produce 10,000 cubic meters to be harvested for the next two years at an avg of 625 per cubic meter, thats 7.45 million in revenues per year if my math is correct.
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