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.
Re: Inquiry
about 9 years ago
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in response to AGORACOM's message

Thanks for the reply, Agora.

I was hoping for more colour on this (i.e.) timelines, numbers etc. since engagement with the keenly interested equity investors has been ongoing for the last 6 months.

But, perhaps you can help clarify this follow up query - will such equity investments help existing share holders by way of potentially higher share prices (due to more individual investors/funds demand) or will it hurt exisiting share holders by diluting the float and thereby reducing the per share value?

Thanks,

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stock_shark1
City
London
Rank
President
Activity Points
1980
Rating
Your Rating
Date Joined
10/03/2007
Social Links
Private Message
Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
Website
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