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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The crushing volume these last two days (nil and nil) reminds me of the proverbial expression "The calm before the storm". We are on the brink of some "good news" which should be just what the doctor ordered to be the catalyst to get us well on our way. During these "prevailing doldrums" over the last few weeks, I have added more than 10% to my long position of Omag.We should be hearing this month about PWC, Financing and Construction. If we're lucky we also may be made privy as to who is getting the Rita's Water Ice Consession(s), the Harbor Master's position and which hotels will "get the nod" to build on our sand lot. Exciting times ahead---soon. Stay tuned and have your funds extremely liquid, Bill.

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bill4810
City
Holland, Pa.
Rank
President
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4466
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Date Joined
04/13/2009
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Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
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