RMS still could bid for GCY, page-67

There's been a lot of talk on what Gascoyne will ultimately do with their non core assets.
Obviously everything is just best guesses at this point.

I'm betting a JV is on the cards for Glenburgh.
Not sure SL will part completely with this asset unless the buyer is paying overs per ounce of resource.
I make this assumption because SL has shown himself to be a shrewd negotiator in the past when judging by his previous wheeling's and dealings as MD at Firefly.

When SL originally talked of selling off Gascoyne's non core assets, their financial position was in a far more precarious state.
Things have changed for the better.
The extra money from any sale has become less important in the short term with the Gilbeys mine continuing to generate good margins and as their newly found mineable deposits continue to grow in scale.
Gascoyne can actually take their time with this sale now.
Gascoyne literally has breathing space for the first time in years!!!

Glenburgh/Mt Edgerton 540,000oz of resource, if valued at $50 per ounce, would equate to a price tag of approximately $27,000,000.
I don't see them selling for much less than that IMHO!

I have lots of questions...
How much are they really wanting per ounce?
What have comparative regional projects sold for?
What impact will a rising gold price have on Glenburghs value (is it even the right time to be shopping it around right now in a weakening gold price environment)?
What would a JV partnership look like?
Who are the interested parties mentioned in the March Quarterly?

What we do know is SL does not seem to be the type to sit on his hands.
Soon all will be revealed.

Advanced greenfield projects that are approaching mineable scale in WA are becoming more rare now.
In the meantime, the pages below are copied from both the original scoping study and Preliminary Feasibility Study for Glenburgh.