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: Can someone explain, please!

Omagine

over 9 years ago

in response to John Paul's message

JP - Complicated questions ... would strongly urge you to call Charlie K. in NYC. He can explain the nuances much better than any of us. He's very accessible and a eager to speak with shareholders. Let me know if you need his #.