Horn Petroleum are the operators of the drill and they have been spun off from Africa Oil Corp, who are one of the Lundin Group of companies.
Yes, they have put capital up for the project.
http://www.thelundingroup.com/Lundin_Review_2011_Q2_Final.pdf
Check out page 6 to see their track record (read it all if you have time, very interesting stuff).
If you're going to entrust your money with anyone in this sector, it would be them, which is why I have.
is spudding success now priced in to rmp?, page-38
Add FME (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $11.50M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $11.04K | 552.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 304966 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 500000 | 1 |
View Market Depth
| Last trade - 15.21pm 10/07/2024 (20 minute delay) ? |
| FME (ASX) Chart |