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: Warrants

Omagine

almost 8 years ago

in response to beachmaster's message

Personally I would rather have a one year extension to warrants and believe (hope?) they will become valuable within a year. 2 years implies 'ah whenever!'. Anyway, an extension is an extension and we are still alive.

Happy Christmas to all Omagineers 'on the board' and let's look forward to a prosperous New Year. We are good at that!