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.
Reverse Split
over 9 years ago
0
Re: Reverse Split
over 9 years ago
0
Re: Reverse Split
over 9 years ago
0
Re: Reverse Split
over 9 years ago
0
Re: Reverse Split
over 9 years ago
0
Re: Reverse Split
over 9 years ago
0
Re: Reverse Split
over 9 years ago
0
Re: Reverse Split
over 9 years ago
0
in response to lebnjb@ameri's message

NICK, I agree. However, I believe that the signing and registration of the Usufruct Agreement, followed immediately (I hope) by the release of the already completed land valuation, will be the catalyst to get investors and banks, serious. Once these things occur,call me crazy, but I think the financing will be much more palatable to more than one bank when the three quarters of a Billion (with a "B") dollars hits the books of Omagine. Let me repeat------that's three quarters of a Billion dollars--and that ain't chopped liver, Bill.

Please login to post a reply
bill4810
City
Holland, Pa.
Rank
President
Activity Points
4466
Rating
Your Rating
Date Joined
04/13/2009
Social Links
Private Message
Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
Website
Create a Post