Eurasia Mining PLC (AIM:EUA) confirmed its audit for last year is nearing completion as it said it has a cash runway out to November.
Investors were also told discussions are underway for a trade finance loan to bridge the gap until the sale of its PGM concentrates inventory or other assets.
Talks are advanced but the usual caveat applies of there being no guarantee of securing the loan.
The directors are prioritising asset sales.
Trading in the company’s shares on AIM remains suspended, with the risk of delisting if suspension extends beyond six months.