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.
Short Interest
about 12 years ago
0
Nice Day
about 12 years ago
0
Re: Nice Day
about 12 years ago
0
0
in response to AltonG's message

Alton, can you clarify for us the $24.55 bv from your 9/11 -10:17am message. I believe this was your calculation based soley on the valuation of the land itself. Would you now , for all of us , do your calculation based on Wall Streets' accepted practices, including all that we know to date.In fact so we don't" garble" the number , give us the # at the $450mil land value, and then a higher # based on your best guess at the newly appraised land value.(your best, but conservative appraisal).In summary, humor us (conservatively) as to where a Wall Streeter would say this stock price should be, assuming the DA has been signed , sealed and delivered. THANKS, I/WE appreciate it.--------BILL

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bill4810
City
Holland, Pa.
Rank
President
Activity Points
4466
Rating
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Date Joined
04/13/2009
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Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
Website
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