The increased banking facility is a very big step change for EGL. They are constrained by capital as to the projects they can take on. With the significant increase they will be able to significantly expand the work-in-hand. Surely some sort of an announcement will be forthcoming, otherwise you may well be right...and we will have to wait yet another year for something material.
EGL Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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