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: news just out

Omagine

almost 9 years ago

in response to crookedneck's message

Hi, guys. Just an FYI to a couple of comments posted about investor relations. As you can see, the company has delivered and is in the process of delivering substantial business milestones. Until then, the company believes - and we concur - that the best plan of action is to maintain a baseline of IR.

Once the company has firmed up a couple of the important milestones that it can market with absolute certainty, you can expect to see a significantly bigger push on the IR front.

This gap provides a significant potential advantage to investors that understand the situation.

Best,

George