Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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1.49999 paid
less than £5m and I don't think you can even drill an oil well on land for a price as low as that. Current market cap is just 2.47m! If Navitas go for it with Sea Lion then the sp here IMHO wil be more like 6p. High risk, possible huge return gamble here. Might be worth a small punt.
All IMHO.
can,t buy
in the very short term considering the RKH deal with Navitas. Medium to long the sp here could be 11p plus as it has been in the past.
All IMHO.
Slowly moving forward
How come going bit slow.
Agree, RKH news is very good,....makes ARG look very cheap, at £2m Market Cap, (IMO).
BW
1.50 plus coming today . strong buy now
Could go ballistic,it has form.
look like going up after rkh news
He's amongst you pal , calls himself Falky , used to be the kit kat called Garbled in a past life when he was costing newbies thousands of pounds every day with his constant ramping.
There used to be a guy who invested all this fortune in Falkland oil explorers. It was hundreds of thousands…What was his name here??
He must have lost 99% of it!
One for losers this share for sure
Total disaster, I have kept this on my watchlist after selling at 20p years ago. If it sinks below 0.50 i may be tempted for a small punt and i mean small.
disaster .
steady decline on tiny volumes - of course many of those small sells were, at one time, quite a lot of money.
If RKH can't see much of a future it doesn't bode well for the Falklands in general
Those who are buying today they will sell tomorrow at a loss. No bounce
When a £569 trade wipes off a quarter of your company value, lols
Good morning Falky
You wrote;
"Argos is better investment than Rkh, the risk is the more less the same,
But the rewards can be a lot higher....IMHO"
How can the risks possibly be the same ?
Argos has not found any oil let alone fully appraised a giant discovery as Rkh have.
Argos spell it out clearly;
www.argosresources.com/perch/resources/arg-2019-annual-report.pdf
page 11
'General exploration risk'
"......no commercial volumes of oil or gas have yet been discovered and there is no certainty that such discoveries will ever be made."
If they do than expect ARG to be more like 8 to 12p.
High risk, but could be a 5 or 6 fold sp increase.
All IMHO.
But not many wants to buy?
11 years of waiting,and still no progress,quote it may be sometime,what’s another 11years, I have now written these off,and walking away,if Covid has taught me anything life is to short,move on and live your life,the very best of luck all,I sincerely hope it works out in the end,whenever that may be,no pun intended.
So the government and in turn the public are just beginning to come to the realisation that the politicians failed energy policy is starting to yield the results which they were warned about… This, potentially could be good news for the oil and gas companies which operate in this region…
by OPEC (what chance oil under $50 in next 10 years??), it seems to me Falklands oil should be back in play.
Maybe Harbour will go for it???
If so Argos sp will rocket. 10p plus easy I think.
All IMHO.
This could be the game changer for all the existing Falklands companies , Neptune backed heavily by Chinese finance and ultimately the financial clout to get SL started.
Great news for Argos .
With the 30 September 2021 ( https://rockhopperexploration.co.uk/2020/11/rns-regulatory-story-aspxcid441newsid1432210/ ) deadline getting close, for Navitas ( https://www.navitaspet.com/navitas-set-for-sea-lion-farm-in-off-falklands/ ) Farm In,...with ARG Rhea Stack ( http://www.argosresources.com/prospects-in-detail.php ), being located close to Sea Lion,....decided it might be prudent, to increase our ARG shareholding, at this point in time.
BW