I've often wondered why it took so long for the DA to be signed, they were thinking Omagine would run out of money and drop out. It seems to me that the DA is binding on both sides, and if one or the other can't meet their obligations, it would null the contract. The two important pieces to this momentious opportunity is the Contractor and Financing. The word (imminent) is a buzz word that comes to mind. Doesn't it sound familiar? It seems like there are so many projects ongoing and in the wings, that maybe these construction companies are over extended. 1bil should be chump change to Oman, but maybe their banks don't get bailed out like ours when they fail. The oil prices are going back up, since gas is $2. today.