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 AGORACOM-GT's message

Good point George and as I also pointed out, it does provide us with a great buying opportunity. I think many of us are just a little tired of watching the stock bounce and drop over and over again. This is an investment and we shouldn't get too concerned about the day to day trading at this stage. Cheers!