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.

almost 8 years ago

in response to AGORACOM's message

Thank you, Agoracom and Charlie. I agree, prudent not to get bogged down in the granual. HOWEVER, when a significant date is missed by more than a week, then an explanation is in order ... especially given the long history of disappointments. And this date is/was significant because it paves the way for the beginning of Phase I.

For the record, I am sick and tired of EIDs. The whole country shuts down? Seriously?! Absolutely "deplorable". I shall now retreat to my rock. Sigh. Again.