Author: Refracktion

Thanks, but no thanks!

That seems to have been the general response to Cuadrilla’s parent company AJ Lucas’s attempts to winkle more cash from their beleaguered investors. The results are now in and we can see that they managed to raise a gross total of Au$28.6 million from the sale of about 440 million...

Please Sir! I want some more

AJ Lucas have their bowl out again and are asking their investors for more cash. Last time they did this was back in January 2018 and we reported on that at the time. The idea of the offer is pretty straightforward – you are offered a number of shares for...

Would he lie to you?

A couple of weeks ago we commented on Mr Egan’s claim that reports of damage were in the “low two figures”. It was a strange claim given that we have heard from a variety of sources that there were over 100. So what are we to make of the publication...

The fat lady is on stage

.. and she is already singing. Today Cuadrilla announced that they are demobilising the fracking equipment at their site at Preston New Road as they will not be able to restart fracking before their existing planning permission runs out at the end of November 2019. Before they can frack again...

The Tipping Point

Today research commissioned by NERC and Natural Environment Research Council and Economic & Social Research Council showed for the first time that a clear majority of the UK population (56%) are opposed to fracking with only 32% supporting it. The research also showed that nearly half the population (46%) oppose...