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.

Home Videos Research Press Release Q&A Discussion

Threads Posts

Could a new uptrend be in the works?

Omagine

almost 9 years ago

A nice double bottom bounce and the big question is if it will continue and develop into a new uptrend. I am sure there will be some waiting in the wings to short it again when the uptrend hits a wall. If this can break past $2 we could garner some much needed exposure to keep the uptrend going. A PR about including the land value to the books would be most appreciated right now. Who knows, it could be the spark to ignite a fire here! I guess it is the reason I always add more on these big dips. Fingers Crossed & Cheers!