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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almost 10 years ago
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adding pictures
almost 10 years ago
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in response to Jeff72's message

I believe, it's a net net nil change. They'll be dredging out land for the canal and moving it into the gulf to make the crescent shape. Should still be close to 245 acres (or whatever that number was ... my memory is ... where was I going with this ...?).

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AltonG
City
Basking Ridge
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President
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4848
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08/17/2011
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Omagine
Symbol
OMAG
Exchange
OTCQB
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20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
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