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Pathfinder Minerals booked a full-year loss, as it continued to pursue the reinstatement of mining licences in Mozambique.
Pre-tax losses for the year through December amounted to £645k, compared to losses of £615k on-year.
'I am very encouraged by the progress being made and optimistic about the range of options being proposed to us,' chairman Simon Farrell said.
'As announced on 3 June, the board is focused on gaining further clarity from the various interested counterparties on their proposal structures.'
'I look forward to updating shareholders further if and when progress is made towards a resolution that is to the satisfaction of all parties.'
At 2:53pm: (LON:PFP) Pathfinder Minerals PLC share price was +0.1p at 2.3p