Share Name Share Symbol Market Type Share ISIN Share Description
Argos Resources LSE:ARG London Ordinary Share FK0114538241 ORD 2P (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 3.25p 0 08:00:00
Bid Price Offer Price High Price Low Price Open Price
3.00p 3.50p 3.25p 3.25p 3.25p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.09 0.04 84.7 7.1

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DateSubject
14/11/2018
08:20
Argos Daily Update: Argos Resources is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker ARG. The last closing price for Argos was 3.25p.
Argos Resources has a 4 week average price of 3.25p and a 12 week average price of 3.25p.
The 1 year high share price is 13.75p while the 1 year low share price is currently 2.90p.
There are currently 219,713,205 shares in issue and the average daily traded volume is 13,378 shares. The market capitalisation of Argos Resources is £7,140,679.16.
05/10/2018
07:55
whackford: I'm surprised by ARG share price rise today. Better to sell here and buy into RKH. Cash to share price ratio far better at RKH plus much greater likelihood of development.
04/10/2018
10:43
cyan: Explains the drop hTTps://uk.advfn.com/stock-market/london/argos-ARG/share-news/Argos-Resources-Ltd-PL001-Licence-Reassignment/78397100 Extract; "Argos Resources Limited (AIM: ARG.L), (the "Company", "Argos"), the Falkland Island based exploration company which holds a 5% Overriding Royalty Interest in Licence PL001 in the North Falkland Basin, announces that its Working Interest partners in the Licence, Noble Energy Falklands Limited ("Noble") and Edison International S.p.A ("Edison") have served notice of their intention to withdraw from the Licence."
05/6/2018
16:14
nicky21: Guys you really need to check out COPL currently to buy 0.55p. A potential to be a multi baggar.It tried its luck in Liberia but failed to find any Oil.It is now concentrating in Nigeria.There it has partnered with Shoreline a Nigerian company. Copl and Shoreline have ventured together and created a company called Shorecan which is owned 50/50 by both.They have bidded for a Licence and are awaiting Approval and Transfer of Asset. The asset is OPL 226.Five wells have been drilled on OPL 226 by previous operators.A well drilled in 2001 encountered Oil. When all approvals are sorted then it will drill an appraisal well on the discovery in 2001.Financing for the drilling is meant to be secured for rumours are true. What is holding the share price back presently is NNPC approval. $60m was spent on this asset by the previous operator.the potential for Copl is huge. I know most of you gonna say its another Nigerian scam.IMO i think it is not.Presently we have 2 Nigerian companies listed on the LSE they are Egland Oil and Gas (market cap £250m) and Seplat Petroleum (market cap £850m) Copl management wants it to be a mid tier oil and gas company ie £250m-£500m All to play for.Current market cap for Copl is just under £10m.I think its one of the best plays on the LSE.
15/5/2018
18:27
barvin: Amazing, the share price trebles in a few days and they are not forced to push a reason RNS. Not seen that for a while. Perhaps because the other 2 Falklands oilers have moved significantly too, but still very unusual
15/5/2018
08:35
pugugly: surely the company should issue an rns re share price movement -
04/11/2015
17:31
chinahere: No idea what will happen pre-spud but a good result in this drill could imply a substantial dilution-free return in the future. I like to think that the share price now may be the yearly dividend in the future.
04/10/2013
19:22
theshareguru: Re reading all the notes on argos's area which is hugh leads me to think that any deal is going to be big, we are not talking about 200m barrel's of oil in the area we are talking about lower scale 3 billion higher scale 10 billion barrels, that is why I think it will be a three way break up involving Premier/rockhopper, noble and argos, I think also that due to the fact that it's such a valuable assett to argos right next to the sealion discovery then behind the scenes they are probably working on with prospective farmees for the drilling of two exploration wells late 2014 into 2015. share price for argos on farm in news will be a minimum doubling to 40p perhaps 50p valuing argos at 100m, but so much prospective oil cheap in my eyes. any thoughts fellow bb members.
26/3/2013
02:56
agnabeya: From Proactive investor - ============================================================================ UPDATE: Argos Resources says search for farm-in partner continues Mon 10:46 am by Ian Lyall A total of 30 new leads were uncovered that weren't reported in the initial independent competent persons report. A new CPR is expected to be published next quarter.A total of 30 new leads were uncovered that weren't reported in the initial independent competent persons report. A new CPR is expected to be published next quarter. ---ADDS BROKER COMMENTS AND SHARE PRICE--- Argos Resources (LON:ARG) confirmed that it is "more likely" that drilling on its highly prospective licence area in the North Falkland Basin will begin next year rather than 2013, as the search continues for a farm-in partner for the acreage. Last year was notable for two major deals with explorers operating in the waters off the tiny South Atlantic islands: Premier Oil (LON:PMO) teamed up with Rockhopper (LON:RKH), which has the area adjacent to Argos's; and Noble Oil & Gas tied-up with Falklands Oil & Gas (LON:FOGL). "We have commenced the search for an industry partner," said chairman Ian Thomson as the group unveiled its full-year financial results. "Several potential counterparties with the technical and financial capacity to develop and bring into production any commercial discoveries made have expressed an interest. "We will continue the farm-out process until a suitable transaction can be agreed that reflects the board's view of the value of our acreage. "The farm-out process is likely to take some time and we are therefore being prudent in assuming that exploration drilling on our licence is more likely to begin in 2014. "We will pursue an earlier drilling opportunity if one arises but not at the expense of a sub-optimal transaction. Shareholder best value remains uppermost in our minds." Among the highlights of last year was the 3D seismic data that helped de-risk "numerous prospects", which were larger than first thought. A total of 30 new leads were uncovered that weren't reported in the initial independent competent person's report (CPR). A new CPR is expected to be published next quarter. Premier Oil is paying just shy of £1bn to farm into Rockhopper's Falklands block, which contains the giant Sea Lion discovery. This has created a huge buzz around the neighbouring acreage, owned by Argos, particularly as it is hoped the area contains a Sea Lion look-alike. Consequently broker Cenkos expects the 1,126 square-kilometre licence to garner a lot of interest from companies looking to farm into the Falklands. "We see Argos as providing the potential both in terms of upside for the basin and in providing multiple nearby prospects that could be rapidly exploited through a Sea Lion 'hub'," said analyst Ashley Kelty. "With greater resource upside than that on nearby blocks, we anticipate that Argos may be very attractive to a larger independent E&P company as a farm-in partner for the proposed three-well campaign. We anticipate that this could be completed in the next six to 12 months with drilling taking place in 2014." The financial results reveal the group had US$5.7mln at the year-end, which is "deemed sufficient to meet the company's ongoing needs and overheads". The loss for the year was US$1.58mln. Cenkos, which rates the stock a 'buy' up to 70 pence, says Argos is funded out to 2015. At 10.45am, the shares were little change at 18.75p each.
25/1/2013
22:47
sarscars: looking at the sells the plan appears to be working by dropping the arg share price this week has freed up some arg stock , so on that basis i'm thinking some one knows something so could be some good news out sooner than we think
17/5/2011
14:15
chrisoil: Dear me the 10p mob have just relised they will be diluted hence arg share price should have listen to chrisoil..................................
Argos share price data is direct from the London Stock Exchange
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