Harlequin Energy Limited

25 days ago

Georgina Energy Results – still technically insolvent, when's the next placing vicar?

The audited results for the year ended 31 January 2026 came out yesterday and show that  Georgina Energy (GEX) made a pre-tax loss of £2,750,196.  Net liabilities increased from £1,509,250 to £3,039,061 after Georgina share capital increases of £1,225,048. It was technically insolvent and despite post period end fund raises it still is as it continues to bleed cash.

35 days ago

Georgina Energy: Today’s the pump, when’s the dump?

Georgina Energy (GEX) is technically insolvent even after its most recent placing three weeks ago in which it raised a Bernie ( before costs) at 2.7p. That is to say it has net current liabilities and is burning cash.