UK 03:00 Saturday, 17 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Georgina Energy (GEX) yesterday published an “operational update” which singularly failed to address any of the elephants in the room, it was a desperate attempt to stimulate the share price but it failed. The company is screwed.
This is just comical. Thus is a desperate attempt to spoof folks into buying the shares and yes, I do get to weave Cheryl Cole into the story.
With Georgina Energy (GEX) needing to raise c£10 million to a) keep the lights on and b) acquire three assets from Aussie based Central Petroleum the big question is “when is the share consolidation?”
We still have no word about the spoof X posting Georgina Energy (GEX) issued on Friday. That stink and the silence that has followed on its own makes the shares uninvestable. But there is another issue, the maths behind its proposed purchase of three licenses from ASX listed Central Petroleum Limited.
Still Georgina Energy (GEX) is yet to clarify the Harlequin spoof tweet. It is still technically insolvent, run by liars and publishes wonky accounts. But it has its fans. Over on the LSE Asylum one moron explains why the shares at 5.3p are worth 800p. Beat this Bulletin Board Moron.
Broker Jerry Keen at Oak Securities would act for the bastard love child of Satan and Nicola Horlick’s pal Bernie Madoff as long as there was a fat retainer and so he will have no issue with the latest antics at Georgina Energy (GEX). But will advisor Oliver Stansfield at Tavira show a bit more moral fibre? I have dropped him a note.
On Friday I recounted how at 1.26 PM the insolvent scam that is Georgina Energy (GEX) tweeted a release from Harlequin Energy Limited claiming that it had backing from a $9 billion family office in Colorado to support an offtake deal. If that was genuine there should have been an RNS. If fake there should be jail time. Now here’s an odd thing.
Georgina Energy GEX) shares are flying, up 34% at 6.7p today but there is no RNS. Hell’s teeth TW you fecking dinosaur, announcing things via RNS is so frigging old school, following LSE Rules is for old farts.
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.
Over the years my good friends at the FRC have acted on, and thanked me for, numerous tip offs regarding dodgy accounting. I have today sent them another missive re the scallywags at Georgina Energy (GEX).
Georgina Energy’s (GEX) interim results to July 31 out today show a loss of £1,209,578 and a net deficit of £2,704,904 in shareholders’ equity and cash of just £112,302. Oh dear.
How long can advisors Tavira and jerry Keen’s Oak Securities continue to defend the indefensible and act for Georgina Energy (GEX). Following communication with the DEMIRS department in Western Australia, Georgina’s former chairman Kark Watkin has fired off another missive to the Regulators. Enjoy!
Oh Dear, oh Dear, if the FCA does not act on this then we can just assume that there is no regulation. I have been passed an email from the Western Authority Department of Energy, Mines, Industry Regulation and Safety (DEMIRS) which suggests that Georgina Energy (GEX) is lying to investors.
With no cash, technically insolvent and thus desperately needing to ramp the shares to get them well ahead of par to allow disgraced Jerry Keen to get away a bailout placing, Georgina Energy (GEX) has served up a monster spoof of an RNS. The FCA should be all over this.
More than a year after it joined the market, Georgina Energy (GEX) is technically insolvent, now has almost zero cash and cannot deal with the elephant in the room, the shocking career history of its senior executives. Rather than addressing those matters, it serves up a spoof RNS.
I have written to the FCA not only about why Georgina Energy (GEX) shares need to be suspended now but about why the FCA needs an internal enquiry into how it approved the 2024 RTO prospectus.
Georgina Energy (GEX) should be suspended as it is both technically insolvent and also out of cash. But there are other reasons, notably the past conduct of Tony Hamilton & Mark Wallace the chancers who run the company. I reprint below a sworn affidavit from Brett Clark sent to me via the Winnileaks service It is mind blowing stuff of which I will make the FCA and Jerry Keen of Oak Securities, who is currently trying to raise funds for Georgina, aware.
