I can understand why some may feel the RNS was stating the obvious and not worth the paper it was written on, but I'm taking a contrary view. I think it was a message for somebody (some party). BoD's are not normally given to writing messages without having some ulterior motive. I'm hoping all will become clear soon, but this RNS had a purpose for something - we don't know what we don't know!
I was into Caza and they were getting into debt, instead of off loading some of their assets, they held on and held on, probably worried about their own jobs. Igas have assets which they can off load for cash
Has anyone read about the damaged electricity cables between France and the UK? In the Times today, 4 out of the 8 cables have been severed by a ships anchor and won't be able to be repaired till February. They are now saying blackouts and price increases inevitable as the standby Coal stations won't be able to make up the difference. The collapse of GB Energy is also being linked. Meanwhile fracking shares are going down and we are hearing absolutely nothing from our pathetic government. I honestly think a few blackouts are needed to get things moving.
I contacted Cuadrilla about their Roseacre site and received a reply today. So it seems as though they have carried out the request in relation to traffic conditions and have handed this to the planning inspectorate and are now waiting on the inquiry being reopened. I think this site is actually quite important overall to show the government's true enthusiasm for fracking.
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