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 lebnjb@ameri's message

NICK, you are the best. Another super article. Now we gotta figure out how to get more people in this world (the last time I counted there were 7+ Billion of us on Earth) to read these articles that you have brought to our attention. It really is good news for all of the Omagine investors. Hopefully the financial powers to be, will see this article, as well as your previous one, explaining that the rising price of oil is easing the fiscal tightness in the MENA region. I'm feeling that we may be getting some great news (via an 8-K) on the term sheet signing, "IMMINENTLY". Regards, Bill of the Deplorable Board,