3 hours ago
On 12 August Georgina Energy (GEX) stated it would drill the Hussar well in Q3. It then raised £5 million in 4 separate share issuances. That was even though the Shire of Wiluna had on 29th July agreed there was no chance of drilling even if Georgian built a A$10 million road as demanded as I exposed HERE. So Georgina committed fraud. Today that is tacitly admitted.
7 days ago
Oh dear, oh dear. While issuing shares to mug punters to fund the development of both of its plays, Hussar and Mount Winter, Georgina Energy (GEX) seems to have been hiding exceedingly bad, no devastating, news as the document below demonstrates. The shares must be suspended immediately and the FCA needs to be all over this.
