Good to see the board over in the USA promoting Magnum , and that announcement reads like Senator Manchin is really gunning for MGU to get off the ground , surely not long until the initial $2.5 million gets the nod , and boy i would love to have been a fly on the wall in those meetings with those investment banks ,
see quote below from the announcement ,
"Engagement with investment banks has been a priority of the trip. Discussions with several banks has resulted in a strong level of interest for both the financing of, and investment in, the Buena Vista and Appalachian Iron Projects. Magnum is presently assessing proposed agreements resulting from this engagement. "
And i also note that investment banks have all ready presented term sheets for a potential US listing , things starting to heat up for little MGU by the looks of it .
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