RE: Investors here got Fleeced It was a stretch for sure at $18 I agree and probably will not see that again. However, the enterprise value per proven and probable reserves + Cash is $12 (assuming the Dover project moves forward as expected). So even if it the Dover project is scrapped, then yes they would need to issue equity to continue financing for next year but it would still be worth $7.50. Its a bitter pill to swallow considering all the pumping going on up at $18 and everyone disliking it so much down here.