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: ?

Omagine

about 10 years ago

in response to AltonG's message

Still thinly traded, Still Foreign Real Estate without earnings.

It's ironic though that rumor of imminent signing at one point pushed it over 4.00. And now that DA IS signed there is not enough buyers to push it over 3.00