Ann: Crown Jewel results 10m @ 6.2g/t Gold, Recoveries up to 96%, page-9

A strategic investor would mitigate the effects of dilution from a CR.

Last quarter (31/3/17) there was $2.870m, so MRP is burning ~ $600K per quarter. MRP just received $1.5m from the sale of Coolgardie assets. That should leave around $3.7m in the bank to date ~ 18 month worth of cash. However the Chairman indicated around the last quarter that he wanted to spend $10m on drilling (clearly he wants to ramp up the drilling program) on Boorara for the next 18 months.. so you will expect a CR sometime soon. I am thinking sometime this CY.