This is addressed to my fellow board members, not to Agoracom:

The banks are all behind this project and anxious to provide financing, as stated in past filings. They have even opined that they consider the land rights as sufficient collateral, even if not recorded as a balance sheet asset. CCC is a partner, why would they NOT sign a construction contract?

So many moving parts are coming into place, it is not conceivable that this project can't / won't get done. By that, I mean, that if OMAGINE can't do it, I don't see how anyone else could do so. Contractually and otherwise. Given Oman's clear desire to pursue this project (remember, this is the ONLY project that the sultan has personally invested in), if there were hurdles, I have to believe that all parties would be in a position to make it work.

Hopefully, this gives some level of comfort. I believe Aland's question is rooted in all of our nervousness/frustration/anxiety over the lack of information regarding the booking of the usufruct rights.