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.

almost 10 years ago

in response to edison's message

EDDIE, now I comprehend. I don't drink so you have just educated me.However, your reference was relating to OMAG. Bear in mind, in most cases, land appreciates in value with time. Wait till Alton gets a hold of the upcoming appraisal of "our" land on the beach. Get braced for his new, improved BOOK VALUE!....Bill...... P.S. This project will make "The Wave" look like a trailer park. Not that there is any thing wrong with trailer parks...I'm just comparing one to the other.