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 stock_shark1's message

What's with the stock price? We get afirmative news and the price falls. What's wrong with this picture? Come on you new investors and get your feet wet. We need to get this price up so we can get on Nasdaq. This company is a huge endevor starting with the signing of the Development agreement, then on to the perk tests and permits etc, the financing, for which I'm sure is underway. Looks like a sure winner to me.