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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Re: The wait may soon be over......

Omagine

about 12 years ago

in response to lebnjb@ameri's message

lebnjb, you are correct. I too am in at $1.00 (actually $5.00 before the 5:1 reverse split) which means that we both have a way to go for break even, which should be a piece of cake once the DA is signed later this week, and this project gets under way. -------BILL