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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A Question for George at Agoracom

Omagine

almost 10 years ago

Re: A Question for George at Agoracom

Omagine

almost 10 years ago

Re: A Question for George at Agoracom

Omagine

almost 10 years ago

Re: A Question for George at Agoracom

Omagine

almost 10 years ago

Re: A Question for George at Agoracom

Omagine

almost 10 years ago

Re: A Question for George at Agoracom

Omagine

almost 10 years ago

Re: A Question for George at Agoracom

Omagine

almost 10 years ago

in response to lebnjb@ameri's message

Holidays were over on Saturday .... Dubai market was down 7% + on Sunday thanks to the massive global market quake that began last Friday (see story).

Then you add in another 10% drop in crude oil prices Monday - Thursday ... and all bets were off for small caps - including Omagine.

Bad luck.

Things have temporarily stabilized but far too early to expect any serious look into small caps. Will need a couple of weeks of stability before middle east investors can breathe easier.

Best,

George