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AGORACOM News Flash

AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

DONNER METALS INTERVIEW: David Patterson Discusses the Bracemac-McLeod Mine Development Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

INAUGURAL GRAPHITE SPONSORS

Message: Discount for time @50% = a present day value of $3.82/ share

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Discount for time @50% = a present day value of $3.82/ share

posted on Dec 12, 07 05:10AM

Omagine Inc. (the company) — through its 100 per cent ownership of JOL — will own 70 per cent of the project company’s equity.

 Based on financials which have been filed with the SEC, the Omagine Development will Generate over $600 million in profits over the five years immediately following approval of the project. 

70% of $600 million = $420 million

Allow for some dilution say 10 million shares = 45million (current) + 10 million = 55 million shares outstanding.

Value = $7.63/ share

Discount for time @50% = a present day value of $3.82/ share

** All these figures are dependent on Gov. Approval of the Projets 

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