Yes its been very disappointing, and certainly it doesn't help when the Company provides no update of its activities.
And in particular I refer to the previous comments in the Annual Report that suggested the PFAS plant was close to being built, completion due some time in mid-Sept. That time is now way past, without any word on its progress.
I purchased shares specifically in expectation of this PFAS plant being built, so I can only assume its fabrication has either been delayed, or is not going well. Or if it is completed why not tell the market!
Certainly I've learnt that EGL doesn't really have any understanding how to keep shareholders informed. I have reached out to the Company Secretary (excuse me, he's now the CFO hmmmn), hoping to prompt some consideration of keeping the market informed but it seems to me its fallen on deaf ears.
I'm not impressed one could assume!
EGL Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
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