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Insolvent Georgina Energy Drilling permit gained, shares spike and retreat – guess what is happening?

Tom Winnifrith
Thursday 30 October 2025
Finally, 16 months after its listing Georgina Energy (GEX) has secured a drilling permit for its Hussar EP 513 permit in the country where 1/3 of the population is descended from transported criminals. But there is a problem. As I showed HERE Georgina is technically insolvent even after raising a Bernie in late August and the share price action this morning tells you what is happening right now.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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