buy or not???, page-8

Assuming Paladin is able to make a partial sale or that spot increases and revenues cover cash flows fine or a financial arrangement is put in place to provide more cash, another bookbuild or new investor, whatever... enough time will elapse for spot to recover. Technically it has to given the nuclear worldwide program and national planning structures. All Paladin needs to do is survive, that's it.... just survive long enough.

It survives and spot is higher, much bigger revenues. Debt is paid down. All the other projects they have spent on during the tough times will suddenly be looked at more closely... 'oh they've got these as well.... oh that will add this much, that much to bottom line.' It goes from this to suddenly a hugely impressive upside. Perhaps the company has taken some big bets in the corporate sense and did expect spot to move more quickly but even though it is uncomfortable, if they pull it off they will look smart.

Whatever they need to do they'll do to survive and make the good times because they will know quite clearly that it will be huge and they will all earn $$$ big time.

It is a bet for sure but I think they will pull something out of the hat at the very least to survive. There will always be someone willing to get involved, even if it means Paladin giving up more than they would like on something or some %.

I bought and will keep holding.

Bringing down Summit's price is smart. Its easier to work that way and will also get big bounce when Paladin recovers. People are smart.

Whatever the share price does is fine as all Paladin needs to do is pay its bills.

Investing long term. My thoughts and opinions only.