Agoracom: Small Cap Investment - Omagine - Re: Reply to stock_shark1 - potential upside

Omag

One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Re: Funds, banks show keen interest in $2.5bn Oman project: Omagine

Jul 14, 2015 03:25AM

Re: Reply to stock_shark1

Jul 15, 2015 03:02AM

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Jeff72

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Re: Reply to stock_shark1 - potential upside

in response to

Re: Reply to stock_shark1 - potential upside

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posted on Jul 15, 2015 06:02PM

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Great post, Alton!

Even selling part of the LLC at below book value has benefits for OMAG.

- It could trigger the deferred cash investments of $70 million.

- A new investor in the LLC adds even more credibility to The Omagine Project, and thus OMAG - especially if it's a well known investor or sovereign wealth fund.

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Re: Reply to stock_shark1 - potential upside

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