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Michael Masterman talks on WRES potential & Tungsten market Watch here

Michael Masterman talks on WRES potential & Tungsten market


Argos Resources Share Chat (ARG)



Share Price: 3.75Bid: 3.50Ask: 4.00Change: -0.25 (-6.25%)Faller - Argos Resources
Spread: 0.50Spread as %: 14.29%Open: 3.875High: 3.875Low: 3.75Yesterday’s Close: 4.00


Share Discussion for Argos Resources


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falklandinvestor
Posts: 468
Off Topic
Opinion:Strong Buy
Price:4.375
Good Morning...
11 Oct '16
I think this is Good news from the Falklands:-
https://ukdefencejournal.org.uk/19m-contract-signed-falklands-harbour-improvements/

-The MOD are spending £180 Million on upgrading MPA etc..
-The FIG are going to completely refurbish the old dock FIPASS in Stanley Harbor.

Why all these projects are taking place NOW?
IMHO...DYOR...Please...50p........
 
sharechancer
Posts: 39
Off Topic
Opinion:No Opinion
Price:4.35
?
6 Oct '16
Hi fellas,Divi or bust here,lost my last email/username .
Still holding paper loss , not really bothered still have faith here,spread has halved today ?I still want to average down , I thought there was loads of time.
I have no problem saying im half clueless when it comes to investing I have put alot of effort this last 3 mths though , 0.5% at the bank is not putting much cheese on my crackers.
falklandinvestor
Posts: 468
Off Topic
Opinion:Strong Buy
Price:4.50
RE: Good morning
4 Oct '16
I have a name, can n't share it.
(sincere apology)....Cheers
falklandinvestor
Posts: 468
Off Topic
Opinion:Strong Buy
Price:4.50
RE: Good morning
4 Oct '16
I have a name, can n't share it.
(sincere apology)....Cheers
Tuggy
Posts: 347
Off Topic
Opinion:Strong Buy
Price:4.50
Good morning
4 Oct '16
I have heard similar rumours , but being kept incredibly hush hush, there is an alarming quiet re FI oil at present, good to see POO over 50.
falklandinvestor
Posts: 468
Off Topic
Opinion:Strong Buy
Price:4.50
Good Morning...
4 Oct '16
LOL...A major oil company is looking at the
North Basin in order to farmin...Take it as you
wish.....Please dyor/imho...50p.......
(My past record is my my witness)
Tuggy
Posts: 347
Off Topic
Opinion:No Opinion
Price:4.50
Figures
30 Sep '16
The actual return for shareholders is about 20 cents a barrel which in effect means a 1 per cent shareholder should receive £250,000 per annum , so a shareholder owning 100,000 shares would receive a royalty of £12500 per annum.
It does put into context the excellent deal Argos have with Noble, patience is needed before the ship comes in !
Tuggy
Posts: 347
Off Topic
Opinion:Strong Buy
Price:4.50
Figures
30 Sep '16
Yes I agree Argos moving to Gibraltar for tax reasons , but what is more interesting is the expected 9 per cent Royalty FIG will get at current POO namely 4.05 dollars a barrel, the 26 per cent Govt tax will not come into effect if the POO remains at that level, that is why Noble wil only explore when the POO is 10 dollars more than the current level.
When the glut disappears we should see that early 2017.
One more interesting fact 5 per cent royalty effectively means 2 dollars a barrel for shareholders , no dilution !!!!!
Tuggy
Posts: 347
Off Topic
Opinion:Strong Buy
Price:4.50
Interestingr
30 Sep '16
Yes I agree Argos moving to Gibraltar for tax reasons , but what is more interesting is the expected 9 per cent Royalty FIG will get at current POO namely 4.05 dollars a barrel, the 26 per cent Govt tax will not come into effect if the POO remains at that level, that is why Noble wil only explore when the POO is 10 dollars more than the current level.
When the glut disappears we should see that early 2017.
One more interesting fact 5 per cent royalty effectively means 2 dollars a barrel for shareholders , no dilution !!!!!
falklandinvestor
Posts: 468
Off Topic
Opinion:Strong Buy
Price:4.50
Interesting....
30 Sep '16
http://en.mercopress.com/2016/09/30/falklands-would-claim-9-oil-royalty-per-barrel-plus-26-profit-corporation-tax

Falklands would claim 9% oil royalty per barrel plus 26% profit corporation tax
===

That is why Argos resources are moving from F.I. to Gibraltar cos the corporation tax in
Gibralor is 10%. (Please correct me if I am wrong).....Cheers, 50p imho/dyor...etc




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