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: 52 week low!

Omagine

over 8 years ago

in response to crookedneck's message

Thanks, Crookedneck. I'm not so sure I want more investor exposure right now ... as that would only turn them away before news of the CCC contract and the financing date.

Back to my rock ...