Omagine

Company has signed a Development Agreement with the Government of the Sultanate of Oman. Omagine Owns 60%; Sultanate Owns 25%; Consolidated Contractors Owns 15%. Project to be developed on 245 acres of beach front land on Gulf of Oman. The estimated cost approximately $2.5 Billion. BNP Paribas To Lead Construction Financing Syndicate.

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Qwerty1029

Omagine

over 15 years ago

in response to qwerty1029's message

The stock price keeps dropping because of the delays. Shareholders are tired of the misinformation. Read the 10Q. Another 60 days?? If the government wanted it, it would have happened a long time ago. Think about it. This is not good.