Does anyone have strong sense how the recent run up in share price might change the cost of capital and discount rate used in the NPV calculation? The PFS study provided a range of scenarios at 6-10% discount rate and Lithium carbonate prices ranging from $10-14k per ton. The NPV of $2.4 billion was derived from the middle of these ranges. Also, has LAC put out any information on process improvements, specifically how much they have been able to reduce sulfuric acid? I also heard Jon Evans say production could easily be expanded to 100,000 tons annually quite easily at Thacker pass. Presumably if that were to occur they would ramp up to that level of production slowly in concert with increasing demand. I'm trying to update the potential valuation of Thacker Pass given the most optimistic of scenarios that weren't included in the PFS. 

Thanks,

AXP