Heili pledges full steam ahead for Peninsula

PENINSULA Energy managing director Wayne Heili knows some shareholders are anxious about the company’s plan to raise A$40 million at a steep discount in just a few days, but he says there is a method behind the madness, as the company takes advantage of a window of opportunity to capitalise on its unique position in the US nuclear industry.

Heili pledges full steam ahead for Peninsula Heili pledges full steam ahead for Peninsula Heili pledges full steam ahead for Peninsula Heili pledges full steam ahead for Peninsula Heili pledges full steam ahead for Peninsula

Wayne Heili.

"A common thread through my many conversations with bankers and peers over the years is that we were burdened by the ongoing spectre of near-term debt maturity," he said.

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