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Argos Resources Share Chat (ARG)



Share Price: 5.375Bid: 5.00Ask: 5.75Change: 0.00 (0.00%)No Movement on Argos Resources
Spread: 0.75Spread as %: 15.00%Open: 5.375High: 5.375Low: 5.375Yesterday’s Close: 5.375


Share Discussion for Argos Resources


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falklandinvestor
Posts: 460
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: 346
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: 460
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: 346
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: 346
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: 346
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: 460
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
winger1
Posts: 69
Off Topic
Opinion:No Opinion
Price:4.50
Re AGM
25 Sep '16
Nice one falky, if you do make the trip, any feedback would be much appreciated,thanks in advance.
falklandinvestor
Posts: 460
Off Topic
Opinion:Strong Buy
Price:4.50
RE: AGM
24 Sep '16
Anybody making the trip, lol.
===

Yes, I am.....Will try to be there, but the Bl00dy trip is very tiring
and not easy. Gut feeling, It will be the last AGM for Argos in
the Falklands...Happy Days...Cheers, 50p...imho/dyor...etc..
winger1
Posts: 69
Off Topic
Opinion:No Opinion
Price:4.75
AGM
22 Sep '16
Anybody making the trip, lol.




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