Oct 21 (Reuters) - Raya Group Ltd RYG.AX :
* Says company has progressed with a potential opportunity and is currently in advanced negotiations
* Says it has been reviewing a number of potential opportunities for the company with its corporate advisors otsana capital
* Says negotiations are incomplete and continuing with the view to an agreement being reached in the near term
* Source text for Eikon ID:nASX79BQGd