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.
Happy New Year
over 14 years ago
0
Re: Happy New Year
over 14 years ago
0
in response to lebnjb@ameri's message

Wishing everybody a Happy and prosperous 2010.

The next 2-3 months are crucial and we're probably in the last phase either way we look at it...

A lot of us have been with this stock on this forum for a while and hopefully we all see it to its logical conclusion.

Over the past few years the O/S has increased about 12% which augurs well for the shareholder considering they dont have any source of revenue...

The Govt of Oman has not asked JOL to f*** off since they're pretty much within their rights to do so...

Bank of Muscat has been roped in besides some prominent investors..

Even though the stock price has dropped considerably....I think we can only see good things this quarter...

Please login to post a reply
sstnow
City
Rank
Mail Room
Activity Points
153
Rating
Your Rating
Date Joined
06/28/2007
Social Links
Private Message
Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
Website
Create a Post