Resolute to sell Ravenswood, page-79

higher up the output range you go the more expensive your technical teams and the harder it is to add value to sp

so evn isnt likely to consider sub 150koz operations imo

sbm just spent years turning around a high cost near death so theyll also be leary - if exploration potential was there to significantly improve mine economics might be a different story.  but they are the company most in need of a 'short term' +100kozpa bolt on - if aud gold price rises theyll rethink imo

i think either sbm in rising aud gold - or offshore most likely sources of a real bid. offshore players like aus sovereign risk and aud currency risk mitigants from a portfolio view

but as i said - hanging out the for sale before the new mine format is proven isnt the way to get a strong offer.  due dligence likely to be super super thorough and any offer still a discount