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Argos Resources Share Chat (ARG)

ARG Share Chat - RSS Feed

Share Price: 6.00Bid: 5.50Ask: 6.50Change: 0.00 (0.00%)No Movement on Argos Resources
Spread: 1.00Spread as %: 18.18%Open: 6.00High: 6.00Low: 6.00Yesterday’s Close: 6.00


Share Discussion for Argos Resources


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falklandinvestor
Posts: 268
Off Topic
Opinion:Strong Buy
Price:7.125
RE: falklandinvestor
3 Nov '15
lego, ER will be drilling Rhea around mid of Jan and the
result will be around March (this is what has been said
during the last AGM) if no delays...etc....
Money always follows the rig...Good luck and many thanks.
 
lego
Posts: 15,053
Off Topic
Opinion:No Opinion
Price:7.125
falklandinvestor
3 Nov '15
Most l payed here was 31p in 2011.

Good luck m8.
falklandinvestor
Posts: 268
Off Topic
Opinion:Strong Buy
Price:7.125
From Google !!!
3 Nov '15
Argos Resources (LON:ARG) up 37% to 7.22p. Investors look forward to pivotal drilling in the coming months with farm-out partner Noble Energy. In its quarterly results yesterday, Noble revealed itself to be in a relatively healthy position.
Cheers, 50p....IMHO...So DYOR...etc..Your money Your call....etc....etcc.
st6phen
Posts: 2,833
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:6.75
.
3 Nov '15
Interesting movement
Tuggy
Posts: 222
Off Topic
Opinion:Strong Buy
Price:6.25
Noble
3 Nov '15
I meant to say that the there is no threat of dilution , hence why it is so attractive for long term and for that matter short term investors. Long term will hope for a very generous Royalty payment in three to four years time for a period of twenty or so years and short term the reality of Noble possibly buying back the ORRI and making a one off payment to rid themselves of years of dividends to 220 million shares yearly, which amounts to an awful lot of money .
wordog
Posts: 1,704
Off Topic
Opinion:No Opinion
Price:6.25
Tuggy
3 Nov '15
Looks like you were right mate.
Tuggy
Posts: 222
Off Topic
Opinion:Strong Buy
Price:6.25
Noble
3 Nov '15
Noble have announced in their latest statement along side there Israeli gas programme, the commencement of drilling Rhea at the end or beginning of the year and results by the end of the 1st Quarter.
There is a full diagram of the the prospective drill with expectations of in excess of 250 mm barrels of oil. With 30 per cent COS which in laymans terms is very high.
As EEghvi has commented on the FOLG board , they have probably have found something in Humpback but with the POO they require a strategy of more definite and secure and less risky exploration , hence why they declined drilling a second well in the SFB and was obliged to carry on drilling Humpback for far longer than they wished.
The threat of any share dilution will make this share a favourite punt for many PI , not just the short term but also PI who take the risk of buying at a MKT CAP of £16 m, when if the drill is a success and sets off a stream of other finds on the licences area 52 prospects in all , imagine the share price at the end of March 2016.
The market will at some stage cotton on to this possible gem .
Tuggy
Posts: 222
Off Topic
Opinion:Strong Buy
Price:5.25
Share price
2 Nov '15
That is what the MM want, getting any stock by depressing the market, an old ploy before the action starts, especially when there is so little stock in private hands I would say less than 10 per cent
wordog
Posts: 1,704
Off Topic
Opinion:No Opinion
Price:5.25
Down
2 Nov '15
-16% with a 17.4%!spread, it doesn't really encourage any buyers really.
wordog
Posts: 1,704
Off Topic
Opinion:No Opinion
Price:5.75
RE: Why?
2 Nov '15
delayed sell maybe.




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