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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almost 9 years ago
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in response to John Paul's message

Agreed. Once a few more of the roadblocks are removed like getting LLC adequately capitalised, and having a positive sales launch, it will be full steam ahead and the stock price should then start to reflect the potential.

If you get buyers camped out like they did next door at the Wave (or Al Mouj as its now known) in 2008, investors will be all over this stock. http://www.gngcd.com/news_item.php?news=221&course_id=90

Whats holding us back at the moment are the already mentioned headwinds of low oil price, political situation, etc, etc.

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JamesD
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11/19/2015
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Omagine
Symbol
OMAG
Exchange
OTCQB
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20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
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