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: UNTroubled Waters

Omagine

about 8 years ago

UNTroubled Waters

Omagine

about 8 years ago

OK, this latest 10Q (not K) contains exceedingly good news. Cash infusion into LLC, financing date, CCC contract, commitment to begin Phase I, with initial financing in place no later than Sept 4, 2016 (NOT 2017) ... all good stuff! the

No mention in the excerpt of the Chinese, must be in the body of the 10Q, which I shall read a little later.