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: Up 13.33% Today !!!!!!!!!!!!!!!

Omagine

over 8 years ago

in response to AltonG's message

The only other thought is the volume....historically moves up have been preceeded with volume....not huge as yet, but could be a start?!?!?!

Regarding the end of summer timeline, I'm more hopeful - I though the last filing said it was possible for 'news to happen' within a few weeks or so....