GBM is a likely candidate and a good junior.
my likely candidates are CTO and MCO.
CTO has NO DEBT , $200 mill worth of plant and equipment, a 10 mill oz of high grade (14g/T) JORC inferred resource (potential to 50 mill oz plus) is ramping up and has a market cap of only $180 mill (less than plant and equipment).
Much better placed than NCM or LGL - that are fully priced and running Debts and whose resource isnt likely to grow or ramp up anywhere near the good juniors.
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