Well, as a matter of a fact, I have updated one of my “on the back of an envelope” LAC valuation models at the end of November, while convincing myself to purchase more LAC shares. In a link, I am attaching an xlsx file with the calculation. It is no magic, basically the core question is, how big portion of the NPV should be considered to determine current value of the company. IMHO, looking at current share price from this perspective give bit inflated picture, because LAC uses $12/kg, which the reality is not that optimistic at the moment. Anyway, here is the link, do not hesitate to let me know, what you think about that.

https://ulozto.net/file/dFdvsHCLJKeB/agoracomlacnpv-xlsx