We need a destiination to which people will be willing to travel
in response to
by
posted on
Feb 06, 2016 02:49PM
Multi-Billion Dollar Agreement Signed With Oman
Folks , after ten years I have sold my stocks over the past year. I think the project is agood concept . However , since its' conception the world has changed. These are my reasons for exiting: $30.00 oil, Yeman with ISIS, the expressed concern for locating a secure labor force, ailing Sultan, apparent lack of will for Omanian banks to finance. Why are we looking to Qatar? Qatar is wilingl to spend a fortune for the world cup. $25 million are peanuts compared to the world cup. The tourist market is fearful of traveling to the Middle East.
It's tragic that so much energy and time have been spent on this project only to be at this vunerable stage at a most unfortunate time.
I hope I am proven wrong and will have the reasons to buy back. or at least you folks will realize for $$ expectation.
I am so much more at ease. It's been a matter of daily monitoring the news, with fear that a nagative announcement would sink the stock.
Good luck , Al Federici