RMP has AUD10.35m in the bank, which equates to USD7.76m @...

RMP has AUD10.35m in the bank, which equates to USD7.76m @ FX0.75

Following quotes from RMP's release:

"The Consortium Partners will provide the following consideration to Great Bear"
Pay US$500,000 (RMP share US$175,000) upon execution of the definitive agreements
Pay US$500,000 (RMP share US$175,000) upon receipt of final permits necessary to drill the initial test well, in any case by no later than 31 December 2018
well is estimated to cost approximately US$15 million (100% dry hole cost) of which Red Emperor’s share will be US$5.25 million"

Thats a total of USD5.6m. Subtract that from current cash AUD10.35m/USD7.76m leaves USD2.16m to fund G&A costs and pay the refundable USD3m bond (RMP share USD1.05m) to the Alaskan Government.
It screams predrill CR imo.
If there's a decent discovery, GB will backin which could offset RMP's share of additional costs for production testing.