ARU 0.00% 16.0¢ arafura rare earths ltd

we have one dollar, page-15

  1. 432 Posts.
    Hi Cable Guy, I reckon the bourse is more exciting than the bed at the moment (but I'm getting old now). The bourse is being a bit of a tease too - bringing us oh so close to that magic $1.00, but then .... not quite....just how it should be.

    Hasn't this been fantastic? I was against the demerger when it was first announced, but then I thought it would be a normal spin-off. This deal is fantastic for us - we don't lose any assets, but the pure Uranium play (Uranium has to be spelled in proper case because it is king) has caused the public to take notice and I have a feeling that some of them (particularly in Germany) have woken up to the fantastic investment that Nolans Bore Rare Earths represents. In my view, Nolans Bore is the reason to hold ARU - it is a fantastic resource and will put ARU into the ASX 200 in a few years. Anyone buying now simply has to wait and they will make many multiples on their investment - that's without taking any of the other resources into account (all in my humble opinion of course). Because of this view, I've been wondering what to do with my Nup shares/options - should I take a quick profit and just keep the ARU shares? - Then I think, what would I do with the money if I sold my Nup? I'd invest it all in Uranium...duh... might as well leave it where it is. I like having all my investments long term and only paying 50% tax.
    Bring on the climax tomorrow haha.

    cheers
    Pruner
 
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