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.

Home Videos Research Press Release Q&A Discussion

Threads Posts

Re: Lets see if we can break $3+ today

Omagine

about 12 years ago

in response to edison's message

We should see a dip back to 1.70-1.8 if there is no news in the next two weeks.

But any dip back to sub $2, I'm picking up more shares. Oman doesn't move at the business pace of the US. There could be something in the works, but we won't know because as Charlie has said before on this very site through Agoracom moderators - we don't deserve play-by-play updates on anything. That's not what businesses do. I expect something in the next quarterly report.

My pessimistic view was before Halloween. I still hold that view that this will get done before I'm breaking out the winter coat. If not, then dammit I'll just have to have a awesomely Merry Christmas.