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: Whats New?

Omagine

almost 9 years ago

in response to AltonG's message

Mooner that was a great post, I think we all concur that this is like watching grass grow, but I do agree with my Omites that only a few critical issues remain. In my humble opinion I hope they have all three finished before making any more announcements. I can't wait till shovel in the ground day...Beacher