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from another board : if you guys do the calcs, JH Assoc. have paid quite a hefty sum... certainly way more than the current market cap of ARG. ARG shareholders are getting a slice of JH Assoc super cheap. The company makes $40m+ profit / annum. Last time they sold shares in the company to another outfit, the price was c£1.60 per share. This deal values the ARG shares at 4p.
Where are the Doomestrs?
Eco was meant to pay $52 million for 100% of JHI. Arg gets 9.3% of JHI of the enlarged JHI, so roughly £4million plus whatever you value ARG at. Current market cap of ARG is say £2 million so £4.2 million.
One year ago ARG market cap was 6 million and one would assume ARG would easily have travhest £6 million market cap now that SL is very likely to go ahead with the Navitas news if it was not for JHI interrupting everything.
Just thinking:)
N.
Rkh - Navitas has to drill the sharing prospects (SL) which are on rkh/argos acerage.
Why would JHI be interested in Argos now?
Why would the BOD....etccccccc
Cheap as Chips.....IMHO DYOR
The doomsayers Garbled? You shouldn't be allowed anywhere near a board. How can you say ARG have a bigger oil field than RKH when ARG haven't found any oil? That really is just bare face lies on here from yourself.
Yawn !!
You are trying make f00l of yourself again without any assistant, carry on.
Have a look at the cpr you f88l.
FYI, JHI Have paid about 4p per share for argos.
Who's the f00l? I see ARG have no oil , you said they have a bigger field than Sealion. You are a liar , they have no oil. Come clean and admit your lie.
You are the f00l cos you haven't read anything
But spouting nonsense.
2026 not far..
So Garbled, just to be straight, are you telling it’s nonsense that ARG haven’t found any oil? Or, as I am no f00l and read all the rns’s, is it a fact? I have read nothing that tells me ARG have hit any oil. So, one of us lying, who is Garbled?
You f00l, do some reading before posting nonsense.
Started to feel sad for you...IMHO