Well, finally someone on "the street" sees what you guys have been debating here for almost a decade :-).

I am just puzzled by the fundamentals of LAC valuation: If I am not mistaken, C-O has NPV of 1.6 bil (ie 800 mil for LAC) and T-P has NPV of 2.6 bill. (source: recall of my memory of NPV from respective feasibily studies). The price of Li2CO3 went $12/kg to like $60k (or 5x). Lets be conservative and assume, that the impact of higher price would only double the NPV of those projects. No matter how I slice it, it seems to me, that current LAC valuation does not contain any (or very little) portion of the Thacker Pass project. Which is probably fair, because there is nothing build, the project is still on a paper and may be one signature away from being cancel out eventually.

Anyway, just my 2 cents...