AJL 12.5% 0.9¢ aj lucas group limited

Assets sale proceeds, page-7

  1. 86 Posts.
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    Perhaps the money will be used to temporarily mask the financial problems as Cuadrilla are awaiting a final 'yes' from the Secretary of State before progress can be made. In January this year when Third Energy had to pull out of the KM8 site in Yorkshire - the government made clear:

    [In his statement, Clark announced a new set of criteria that shale gas firms must meet in order to commence fracking. He said: “The Government considers that the financial resilience of a company wishing to hydraulically fracture is a relevant consideration. As a matter of policy, we will therefore look at the financial resilience of all companies wishing to carry out hydraulic fracturing operations alongside their application for Hydraulic Fracturing Consent.”]
 
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1.0¢ 272056 2
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