I refer to Georgina Energy (GEX) which I remind you MUST raise £9 million to fund its ongoing losses and RTO plans and which is now, at 5.25p mid capitalized at only just over £7 million. Critically par value is 5p so its ability to do a deeply discounted placing is massively compromised. The only folks who would fund this box of frogs run by proven liars and expense fiddling charlatans will demand a deep discount.
on Tom Winnifrith | Comments
