The Igas Share price fell on the London Stock Exchange as protests against their operation on Barton Moss continued. The price has dropped 24% from a high in January 2014.
There has been no official comment from Igas on the delays to their operations caused by the daily ‘slow walks’ down Barton Moss lane, but one of the commentators on the London Stock Exchange site (adoubleuk at 16:16 on Sat) made the connection:
“Absolutely no way Barton Moss should have taken (is taking) so long to drill. And the delay (about 300%) is down to so-called ‘lawful protest’. And such delay is very expensive.”
Meanwhile Kate Chappell, Executive Member for the Environment, speaking to Shale World predicted the end of fracking in the UK. She said:
“I think it will have a short spike and then there will be some environmental problems and some political problems with it and investments will drop. It won’t continue as an industry.”
Martin Porter of FFGM said “Investors may not care about Climate Change or the effect on local residents in Eccles, but they do care about their wallets. The evidence is, fracking is a bad investment.”
Frack Free Greater Manchester is holding what we hope will be the largest demonstration yet seen against fracking in Manchester on Sunday 9th March.
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