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: April 1st 10-K Update

Omagine

over 11 years ago

in response to AMars's message

I, too am pre-Ramadan. To go post would mean that the highest authority has no pull over the #2 in an important ministry. They should all be extremely embarrassed by all of this. It does not reflect well on them, personally and professionally.

Charlie / Frank - I'm sure you're already doing this, but please remind the #1 at MOT that a year ago he PROMISED this would be signed during Ramadan, or, at latest, shortly afterwards. Does his word not mean anything? Enough is enough! Let's get this thing built for crying out loud!