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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in response to John Paul's message

John Paul , it's anyone's guess . Yours is as good as any. I don't think there is a large pool of interest regarding our stock. This is a gamble not an investement at this piont. Thanks for your contrinutions to the board.

When a third party financial entity steps up and puts up the construction money for the first phase , I think we will see a plus move. All the calculations regarding the stocks value are m ath exercises based on historic generalizations having to do with the earnings or assets per share values. I hope that they come true. However, the market can also be more psychology and emotion than science. That's why I have been concerned about the issues I mentioned because they affect persception which often drives behavior. Al

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alfederici
City
Southern NJ
Rank
Vice President
Activity Points
860
Rating
Your Rating
Date Joined
03/25/2012
Social Links
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Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
Website
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