The ILSC, a government statutory body, is in exclusive negotiations to transfer the resort, along with the Mossman Gorge Cultural Centre, to Journey Beyond, a tourism company backed by an American venture capital fund. The transaction, understood to be worth about $300 million, would place control of one of Australia's most important tourism assets in foreign hands. Such a move sits uneasily with the ILSC's founding purpose and risks undermining decades of work to advance Indigenous ownership and self-determination.