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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Breaking The Ice

Omagine

over 9 years ago

Lately, the Forum hs been operating in a virtual vacuums since Bill vacated the premises for a vacation. It's time some brave soul dared break the ice by posting a commentary. I'm taking the liberty of doing so by re-introducing my Decemer 22, 2914 contribution to the Forum entitlted "Omphaloskepsis* in Oman. It was appropriate then and moch more pertinent and appropriate now. Here it is.

Omphaloskepsis* in Oman

Be patient. Oman wasn't built in a day. It's been a long time struggle, but we're winning the war. Accept the pace at which business is conducted in Oman. Right now, Omagine LLC has a number of balls in the air which soon will fall to earth and find their home in finishing touches to the Development Agreement. Then, off to the races. The pace of the race may be slow but we are winning the war. Patience.

* Omphaloskepsis: contemplation of one's navel as an aid to meditation. Also, lack of of will tomove, exert or change: inerita.