CJ: PDP NAV is C$2.91 versus its stock at C$2.29 Based on the latest reserves report, CJ's 2020 PDP NAV of C$2.91/share. Again, this is PDP, this is not 1P or 2P. This is PDP!
So the valuation gap between PDP NAV and today's price of C$2.29 is big and CJ is significantly undervalued.