One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

Free
Message: Re: Omagine, Inc. - Form 10-Q - Period Ended June 30, 2016

Lebnjb, I think I found it more positive reading than you did. A $220m first phase sounds a lot more realistic and manageable for all concerned and won't stretch the LLC shareholders too much. With the Omani bank pretty much on board (by the sounds of it) the search for finance in China and beyond seems to have been demoted to an unlikely backup plan.

The positive news is gonna keep coming from here on, but we might have to wait until after 17 September for any meaningful update as I wouldn't expect any major breakthrough before Eid Al Adha which begins on 11th.

Share
New Message
Please login to post a reply