Eco Warriors send profits warning to Marshalls Plc
road alert | 12.02.2004 04:20 | Ecology | Sheffield
This time, if they attempt to get us out, it will take a long time and a lot of money. It will be the longest and most expensive eviction ever seen. Marshalls shareholders should be warned that the final costs of clearing the site are likely to top a record-breaking 20 million pounds, and this is bound to have serious effects on the financial performance of the operating company. We are not talking just a little dip in profits here. We have the capability to bankrupt Stancliffe Stone Ltd and even have an effect on Marshalls own balance sheet.
Shareholders who want to protect their investment should contact the directors and warn them, because I don’t think that, so far, they have any conception of what they are taking on. The taxpayer will not be liable for these costs, it is a civil matter, and although the Possession Order may be enforced by the Under-Sheriff with Police support, it is likely that the Police Authority will seek to recover costs from the contractors. At Fairmile the Chief Constable claimed in excess of 2 million pounds before the evictions had even begun. “
Background:
The activists took over the site in 1999, following the application by Stancliffe Stone Ltd to re-open the dormant quarry and extract 3.2 million tons of rock from a 12.95 hectare site within 150 m of the Nine Ladies Stone Circle. The resultant scar would be up to 100m deep, devastating the environment of this treasured site for ever. This is strongly opposed by the Peak District National Park Authority (PDNPA) and the great majority of local residents. On 12 December 2003, the company made a second submission to the PDNPA, and on 22nd January 2004 obtained an eviction order at Birmingham High Court to re-possess the site . An appeal is pending, but the activists will rely primarily on physically defending themselves against any eviction attempt.
The worldwide co-ordinated actions against, for example, Huntington Life Sciences and their suppliers demonstrated the power of sustained disruption and targeting of financial interests, working alongside legal challenges and physical occupation.
A temporary website is in place until the new campaign website is completed;
http://www.nineladies.uni.cc
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