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Russia's $1.16bn offer for Mantra Resources
Perth Now ^ | 12/15/2010 | Russel Quinn

Posted on 12/15/2010 12:02:43 AM PST by B.Lyle

PERTH-based Mantra Resources has received a $1.16 billion all-cash offer from Russia’s ARMZ Uranium Holding Co.

“The cash offer enables Mantra shareholders to realise immediate value for their Mantra shares and reflects the size, strategic nature and near-term development potential of the Mkuju River Project uranium deposit.


TOPICS: Australia/New Zealand; Business/Economy; Foreign Affairs; Russia
KEYWORDS: australia; resources; russia; uranium
What is it with Russia and Uranium mines these days?
1 posted on 12/15/2010 12:02:49 AM PST by B.Lyle
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To: B.Lyle
What is it with Russia and Uranium mines these days?

Guess we better hurry up and sign that "START" treaty with them. /s

2 posted on 12/15/2010 12:27:30 AM PST by Just mythoughts
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To: B.Lyle

Here is a clue: The name of the company is ARMZ.


3 posted on 12/15/2010 1:50:50 AM PST by Captain7seas (FIRE JANE LUBCHENCO FROM NOAA)
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