One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: The DA

Why would you not be shocked if the project failed if you think the DA will be signed and the project moved forward? Or are you saying that you wouldn't be shocked if the DA did NOT get signed (in which case, of course OMAG would fail)?

There are no other bidders for this project (so we can't lose it to a competitor), the Sultan has signed on as a part owner himself vs as the govt (which speaks volumes), very reputable construction firms have signed on as part owners, and our friends over there have a long history of taking their time. Financing is getting lined up per last couple of 8ks. This will move forward. Even the share price drop, whilst frightening, is only based off of a very small volume of activity.

Let's all try to keep a positive outlook ... probability of success is MUCH, MUCH greater than failure. Anyway, that's my take.

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