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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OPINION: Not as bad as it seems

Omagine

about 8 years ago

Re: OPINION: Not as bad as it seems

Omagine

about 8 years ago

Re: OPINION: Not as bad as it seems

Omagine

about 8 years ago

in response to AGORACOM's message

By now, those of us following along on AGORACOM, that have read these articles over many , many years, realize that they do not influence the stock price. What does move the price upward is real tangle news--such as the DA and the UA signings---albeit they were short lived. Sooo until the Financing Agreement and the Construction Agreements are "in the proverbial bag"--meaning signed, sealed and delivered--- I for one am not dismayed,as I once was, when positive articles appear, either touting the excitement of Omagine, or the potential of the country of Oman which is the size of Germany and a population of only three million. Let us hope that the dates outlined in the recent 10-Q will come to fruition. I hope everyone has a super Labor Day weekend and those of us on the Eastern US coast are safe from Hurricane/Tropical Storm Hermine. Regards, Bill of the Board.