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.
Re: Land as asset
over 8 years ago
0
Re: Land as asset
over 8 years ago
0
Re: Land as asset
over 8 years ago
2
Re: Land as asset
over 8 years ago
0
Re: Land as asset
over 8 years ago
0
Re: Land as asset
over 8 years ago
0
Re: Land as asset
over 8 years ago
0
Land as asset
over 8 years ago
0

How liquid is the land. I know Alton who is more astute than I has tried to address this on a previous post I made.

Here's my question: May the company put the land up for sale at will ? Or are there contingencies with the Oman government ?

Please don't refer me to filings etc. Just a simple answer for a simple guy.

Thank you,

Al Federici

Perhaps an Idiot's Guide to Omangine or a fact sheet be a good tool to facilitate investors relations.

Please login to post a reply
alfederici
City
Southern NJ
Rank
Vice President
Activity Points
860
Rating
Your Rating
Date Joined
03/25/2012
Social Links
Private Message
Omagine
Symbol
OMAG
Exchange
OTCQB
Shares
20,799,937 as of 01/04/2017
Industry
Bricks & Mortar
Website
Create a Post