CruxCasts

Peninsula Energy (PEN) - $40M, why now? Uranium Investors Puzzled!

June 10, 2020

Interview with Wayne Heili, CEO of Peninsula Energy (ASX: PEN)

As usual, Heili lives up to his straight-talking reputation when asked why they chose this point to raise A$40M. A 2016 loan has been extended on many occasions but now, in light of the market conditions not reaching a critical mass, the loan is due in October 2020. Heili explains how the funds will be used.  

Company page: http://www.pel.net.au

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