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.
Q&A
about 10 years ago
0

1. When will the ~1MM square meters of Land be assessed?

2. Does the agreement allow for Omagine to report the Land as an asset? When?

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04/26/2011
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Omagine
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OMAG
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OTCQB
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Bricks & Mortar
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