Re: Good news - Bad news
in response to
by
posted on
May 02, 2014 11:48AM
Multi-Billion Dollar Agreement Signed With Oman
I totally agree with you Alton. It seems the only stickler is the land price not being adjusted as stated in the 8 K.
4. The “Land Price” of twenty-five Omani Rials (25 OMR) per square meter and the Usufruct rent of 300 Baisa (0.300 OMR) per square meter - as long ago agreed in the DA - would not be adjusted as was being suggested at the meeting by the MOT Staff (and which suggestions were stiffly rejected outright by Omagine LLC management).