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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Re: Another point of view

Omagine

over 9 years ago

in response to Jeff72's message

Jeff, you certainly have my vote. You brought clarification to aspects of financing and construction that needed clarification. But I would also like to vote for John Paul who brought awareness ofo this subject matter to our attention. Joh Paul is from down under and deserves elevation here up north.