Take a good look at CGT Just raised 30 mill have a couple of million ounce of high grade ore at oround 10 grams at ballarat and castlemain. All plant, mining fleet and all gear for a market cap of 44 mill of which around 25 mill of that is cash. Will be resource drilling and working out a new smaller operation for Ballarat before recomitting to mine.
For a upcoming producer MCO has some stunning grade ( see latest quarterly for results not released in a separate announcement ) Production only a few months away. cash in bank and exploration upside galore. )
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