Share Name Share Symbol Market Type Share ISIN Share Description
Argos Resources Limited LSE:ARG London Ordinary Share FK0114538241 ORD 2P (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  -0.05 -2.13% 2.30 0.00 08:06:51
Bid Price Offer Price High Price Low Price Open Price
2.10 2.50 2.35 2.30 2.35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.32 14.11 0.2 5
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.00 GBX

Argos Resources (ARG) Latest News

More Argos Resources News
Argos Resources Takeover Rumours

Argos Resources (ARG) Share Charts

1 Year Argos Resources Chart

1 Year Argos Resources Chart

1 Month Argos Resources Chart

1 Month Argos Resources Chart

Intraday Argos Resources Chart

Intraday Argos Resources Chart

Argos Resources (ARG) Discussions and Chat

Argos Resources Forums and Chat

Date Time Title Posts
10/6/201906:38ARG Argos Resources (Falkland Islands Oil & Gas Exploration)1,417
07/10/201514:37ARGOS NORTH59
16/5/201415:42Argos - undervalued falklands explorer29
19/7/201311:08Argos Resources Limited - North Falklands Basin659
28/3/201210:38Stop UK Aid To Argentina e-petition1

Add a New Thread

Argos Resources (ARG) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Argos Resources trades in real-time

Argos Resources (ARG) Top Chat Posts

Argos Resources Daily Update: Argos Resources Limited is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker ARG. The last closing price for Argos Resources was 2.35p.
Argos Resources Limited has a 4 week average price of 2.30p and a 12 week average price of 2.30p.
The 1 year high share price is 5.35p while the 1 year low share price is currently 2.30p.
There are currently 219,713,205 shares in issue and the average daily traded volume is 13,691 shares. The market capitalisation of Argos Resources Limited is £5,053,403.72.
lukmanpatel: Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards and a newly registered today as a member lol
cyan: Pretty grim reading in the results. The clocks ticking . Looks like ARG will have to fall into the hands of RKH like FOGL did. hTTps:// "The current Second Phase of the Licence expires in November 2019 and discussions about the licence term beyond that date are underway with the Falkland Islands Government. The Working Interest in the Licence was transferred back to Argos in February 2019 and the Company will seek to secure other partners to participate in its development."
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.
cyan: Explains the drop hTTps:// 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."
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.
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
pugugly: surely the company should issue an rns re share price movement -
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.
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.
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
Argos Resources share price data is direct from the London Stock Exchange
Your Recent History
Argos Reso..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191015 20:56:09