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: Moving Averages

Omagine

over 9 years ago

in response to lebnjb@ameri's message

I'm a pre splitter ---you would have thought that after many years to get the DA signed everything else mainly the financing would have been in place .Until the financing is in place why buy the stock if the outcome could be no deal at all ---financing was to be in place by March 31 now June 30 -does that scenario sound familiar ?????