re: those hoping for another company taking over and doing a...

re: those hoping for another company taking over and doing a better management job -
I think CTO has a similar problem to Ballarat, in that a new management team with all the expertise in the world is not going to bring the sparsely distributed gold pods any closer.
Therein lies the problem.

Forget the ore grades of 14g/T, it's the ROM grades that tell the story, the effective grades that are coming out, i.e. diluted by the mountains of tunneled barren soil and rock - what are the ROM grades ??
Seeing the company is not volunteering or disclosing this - we are free and intelligent enough to figure it out, for ourselves , after 10 years of production and the quarterly Development Costs.
I'm guessing the ROM grades are 0.3 g/T and lower, such is the dilution going on here, in my opinion.

At 0.3 g/T good luck making any profit - even at 300,000 oz/annum !