I like your point mission, It is taking a while for Phil to show...

I like your point mission,
It is taking a while for Phil to show up with anything else,
Im still very optimistic about this but it would be a good to have a contingency plan.
Surely developing a second Phil wouldn't use up all the cash anyway.

Considering that the cash isn't being utilized maybe they should look for economies of scale in buying up a whole lot of gold or copper juniors and bunching them together.
Gold prices are holding up pretty well and etfs are keeping some of the smaller miners at fairly cheap prices as Im sure you know.

I suppose from my perspective if they have the cash invested at a measly return and they can takeover another miner with a stable 10-15% return then the market would respond well, surely couldn't be too hard to get some cash later to develop Phil2 if it comes around.