On June 24th, we were feasted to the following information:

"On June 20, 2014, Mr. Sam Hamdan, the Deputy Managing Director of Omagine LLC had a telephone conversation with Mr. Hilal Al-Hinai of MOT. Mr. Al-Hinai informed Mr. Hamdan that:

i.The MOT Letter is nothing but an agreement that Omagine LLC is committed to the timelines stated in the DA. It contains nothing outside the scope of the DA and all developers are now being asked to sign such letters, and

ii.The MOT Letter has been sent to H.E. Mahrizi for his final approval and comment, if any, and after H.E. approves the letter and Omagine LLC signs it – then MOT will immediately thereafter sign the DA, and

iii.The new Krooki (land deed) for the Omagine Site has now been issued by the Ministry of Housing and is in MOT’s possession, and

iv.MOT has printed the DA in anticipation of having it signed.

Mr. Hilal indicated that he believed all of the above would be accomplished and the DA would be signed “in the next two or three weeks” - but he - “didn’t want to give a specific date until he heard back from His Excellency” - and he closed his conversation with Mr. Hamdan by stating: “Don’t worry Sam, the DA will be signed as promised”."

The phone conversation with Mr. Hilal occurred Fri, 6/20. At that time he indicated 2 - 3 weeks, but refused to commit. This Friday will be 3 weeks. I already know HM's view on this. Anyone else willing to wager we'll hear something this week? Personally, I'm not holding my breath, but it would be nice, wouldn't it (not the breath holding, the idea of getting a final and positive update)?