Paladin - how NOT to do it....
Paladin, a miner of 8m lbs of uranium per year, is in serious trouble. A high cost, low grade mine with management that decided to "bet the ranch" on rising uranium prices + leverage (debt) and it went the wrong way..... They have announced a rights issue but I am not convinced they will get this away. Even if they do analysts think they will still run out of cash without a sharp recovery in the uranium price.
Sell Paladin (bad management, high cost, no takeout potential, too much debt)
Buy Fission (good management, low cost, takeout potential, no debt).