EGL is an Australian environmental engineering company with a focus in resources and waste sectors. EGL operates five core segments that are all profitable, growing >15% p.a. and exposed to favourable environmental growth trends (e.g. landfill diversion, bio/energy from waste, battery minerals development).
In addition, EGL’s novel PFAS water remediation solution could be a game changer. PFAS contamination has been listed by The Biden Administration as one of the top environmental issues of the decade after it was recently found that ~60% of Americans now have unsafe concentrations in their drinking water. If successful in commercial trials, EGL may have a best-in-class solution in terms of efficacy and running cost which we believe could lead to rapid market adoption. Buy, Price Target $0.26
EGL Price at posting:
20.0¢ Sentiment: None Disclosure: Held
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