Nov 1 (Reuters) - Nautilus Minerals Inc NUS.TO
* Nautilus provides update
* Nautilus Minerals Inc - continues to be in discussions with various parties involved in manufacture of seafloor production system
* Nautilus Minerals Inc - is making progress with respect to deferring some of its immediate cash flow requirements
* Nautilus - updating previous reference to funding requirement of $15 million by Oct. 31 to funding requirement of $10 million by Nov. 30