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.

about 13 years ago

Re: Hard To Argue With Real Estate In The Middle East - And It's Growing

Omagine

about 13 years ago

Re: Hard To Argue With Real Estate In The Middle East - And It's Growing

Omagine

about 13 years ago

in response to lebnjb@ameri's message

Once it passes the $5.00 mark it must stay foward of that price for a few months. If it rises to $8.00 or better than the time frame will be shortened. Our best bet at this point to have the stock price increase quickly is the signing of the DA which for sure will bring the stock over the limit to be put on nasdaq and then the stock will fly.