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: trubbled waters?????

Omagine

about 8 years ago

in response to AltonG's message

ALTON, agreed --for now the Omani government is out of it. Now it's either the Omani banks, or any bank... and any construction company wanting to get involved. But alas....Oman will be back in the picture once we get into all of the fun approvals...electrical,plumbing, tadpole , oyster and all of the other environmental studies......but enough of that. Let's get the financing and construction nailed down. You can then get involved with the tadpole situation.Regards, Bill of the Board.