Argos Resources Share Discussion Threads

[georgeo1] 08/3/2022 16:35

Moves fast on small volume

[the count of monte_cristo] 08/3/2022 16:24

I expect to see 3p tomorrow maybe 4p this week. Even then it has a tiny, tiny market cap for an oil and gas stock.

[the count of monte_cristo] 08/3/2022 15:04

Interesting, thanks for the update. The UK need to move now to look for O & G outside of Europe, where better to look than to revisit the Falklands explorers who have done nothing for a decade because of low oil prices.

Now we have

1) high oil prices.

2) energy security issues to move away from Russia with a direct strategy from the government, Europe and the US.

[shareho1der] 08/3/2022 10:12

Hard to buy this. Impossible to buy anything over £300 but you can sell up to 300,000 shares. I wonder why?

[georgeo1] 07/3/2022 09:54

A farmin with rock hopper would be beneficial, as sealion is right next door to PL001.

[the count of monte_cristo] 07/3/2022 02:44

At the current oil prices, I would say no. Look, oil and gas companies are going to be searching the world for oil, these politicians with their aggressive carbon goals don't understand that it's simply unrealistic. We have started to see the first stirrings of movement and interest with BOR and RKH, it won't be long until the tide of sentiment changes and people start to look again at ARG.

It has a market cap of less than 4m GBP for a reason. We saw the other week that these microcap penny oil stocks can move very quickly, BOR went up 150% in a day.

[shareho1der] 06/3/2022 04:54

I own 0.4% share of this company . Am I fu*cked ?

[shareho1der] 06/3/2022 04:53

I own 0.4% share of this company . Am I fu*credit?

[georgeo1] 03/3/2022 15:33

Borders and Southern, rising nicely.

[the count of monte_cristo] 02/3/2022 00:52

Exactly. They say that short term stocks are a voting machine. I believe we will start to see some of these votes, after a decade of nothing, now start to vote again for Falklands exploration. If that starts to happen then the result here is a massive share price appreciation. IMHO, DYOR, etc.

Just like how nobody wanted to touch the uranium stocks not so long ago, now look at them:)

[georgeo1] 01/3/2022 21:49

If Argos were to drill on PL001 at per barrel oil equivalent at today's price just over $100 on to their reserves we'd be looking at something like $80,000,000,000 at the top end of its reserves in all licensing prospects.

[georgeo1] 01/3/2022 16:40

Falklands part of UK. Should see supply shifting from island, possible reasons could be supply cutoff from Russia.

[the count of monte_cristo] 01/3/2022 13:40

Indeed, but if a partner wants in then they need to obviously pay for it. It's a company with a market cap of just 3.4m GBP for a reason. But, should there be any positive news here then we will no doubt see a very strong rerate. This situation with Russia is actually going to really help.

[jnbrw] 01/3/2022 11:33

Maybe, although needs to raise cash in the next 8 weeks or it will be unable to pay the lekky bill. Company said in a recent RNs that is was funded up to 1 May. (?)

[the count of monte_cristo] 28/2/2022 09:39

Just me here at the moment, looking forward to when the herd arrive although I like buying into a stock before they do:)

[the count of monte_cristo] 28/2/2022 09:33

Could easily see a 50-100% rise in a day here now that the West have stated they will be moving away from Russian energy and looking for alternatives. Where is the oil and gas going to come from?

I have added again this morning.

[the count of monte_cristo] 25/2/2022 08:52

Added a few more at 1.6p

[the count of monte_cristo] 24/2/2022 15:12

Boris Johnson saying that the UK will move away from using Russia's oil and gas, where is it going to be sourced from?

[the count of monte_cristo] 24/2/2022 08:22

Very cheap

[tez123] 24/2/2022 08:02

In at 1 55

[brut winky] 23/2/2022 18:57

Having a look, don't like oil but you can't get away from the crisis that just looks to be getting going.

[brut winky] 23/2/2022 18:53

Seems it given that something will have to he done to offset Putin going loopy and never coming home.

[the count of monte_cristo] 23/2/2022 12:06

Argos Resources

- Nobody cared when oil was 40 USD, it is now close to 100 USD
- No new oil fields are being found
- It was almost a decade ago now that we had the exploration in the Falklands
- The area is still highly prospective for oil and gas
- What wasn't of interest at an oil price of 40 USD is now interesting at 100 USD
- MARKET CAP IS 3.64m GBP (BOR is double that)