I got mine on float. I was originally Omegacorp shareholder. Mantra was floated out of Omegacorp. Mavuzi was also floated out of Omegacorp. As Omegacorp shareholder I had entitlements to both floats. Mantra and Mavuzi merged and became just Mantra. Original float prices was 0.20 cents with free options which I later converted. Omegacorp itself got taken over by Denison (Canadian). So this is take two in terms of takeovers. My initial Mantra entitlement was very small and I sold half my holding for one dollar. The other half has turned into a huge profit. Unfortunately this offsets a similar huge loss I made with Admiralty Resources fiasco.
Mavuzi Resources had some gold assets in Mozambique. With evolvement of WA Gold story I'm surprised I haven't heard anything from Mantra re these gold assets. Doesn't matter though does it ? Anyway kst of my proceeds have already gone back into Africa with Azumah Resources in Ghanna.
MRU Price at posting:
$7.92 Sentiment: None Disclosure: Not Held
