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: Now What?

Omagine

almost 9 years ago

in response to bill4810's message

Billyboy I think Jimmy D needs to at least buy 50K shares to get him to treasurer, then what Omag needs is a solid funding commitment from a top Bank based on their collateral and no other hocus pocus and this thing would take off like a rocket. Could be CCC is waiting to see that happen before kicking in their funds and signing contract.