You are speculating as to what may or may not lay ahead.
I don't think CTO has struck the issues that you are "concerned" about.
The real issue and risk at the moment is with only 1 or 2 stopes operating you run the risk of an inconsistent ore (it's a statistical fact) and also that you end up with an ore that is largely diluted by development ore (a 60% development ore/40% stoped ore).
Hence the head grades will be 50% say lower than the later stage development when with multiple stopes operating the dilution is reduced ( to say 60% stoped ore / 40% development ore).
We need multiple stopes operating and the Western warrior Decline to progress - hopefully the latest capital raising will help secure enough funds.
CTO Price at posting:
16.0¢ Sentiment: LT Buy Disclosure: Held
