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.
New Site Rival?
almost 8 years ago
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Re: New Site Rival?
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almost 8 years ago
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almost 8 years ago
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almost 8 years ago
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almost 8 years ago
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in response to jkrantz101's message

Greetings. Because it is located on the far side of Muscat and in a less desirable location than or project. I don't see it drawing "customers" away from our project. There is enough for many. My only complaint was that this other project seemed to be moving forward while ours is still struggling to get to get phase I started. That said, I am still confident that our project WILL move forward and reasonably soon.

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AltonG
City
Basking Ridge
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President
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08/17/2011
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Omagine
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OMAG
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