This is from the FT energy editor. Not sure if it is appraise or...

This is from the FT energy editor.  Not sure if it is appraise or a back hand compliment. In other words, 'ball of steel' or 'fool courage'.

His comments were

"Shareholders in Cuadrilla have been too tolerant over the past few years" for too long.
NICK BUTLER

Well. IMHO. Not that we have a choice.  Long term holders bought a ticket on a boat of dream to the promise land of UK shale. The boat hit a rock (Preese) and become leaky. The captain and crew (management and big holders) took all the life boat available for themselves and friend. The rest stay on the leaky boat. The boat lost its engine (fracking moratorium 7years) and adrift in the current (the market and public sentiments about shale gas) while under constant attack by the pirates (anti fracker activists) and with the ocean full of sharks (creditor and loans) circling. The coast guard (the government) recieve the SOS wire and want send help and support but too scate of the pirate so all they do is just wave the flag and yell "we're coming soon." So for the long suffering long term holders on the leaky boat what are the option. Junp in the water with full of sharks or stay on the boat that drifted along the current with the coast guard and crew watching from the safe boat?

So "tolerance" wasnt actually a choice.


https://www.ft.com/content/4b227d54-e50f-11e8-8a85-04b8afea6ea3