RE: Mount Peake vs. Campo Alegre I don't believe that you can simply take their IRR and apply the differencial in grade to it although that would be nice. There's certainly no disputing that doubling the grade means that for the same amount of raw material we have twice as much finished product. I even suspect that we are in a better position for transport than Mount Peake located about as close to the definition of "middle of nowhere" as you can imagine (I've driven around and through the centre of Australia) but then again it's flat and there is a major highway there as well as rail crossing the country that could be used.
It's been stated before that Largo's shareprice is pretty much all Maracas (and a couple cents for Currais Novos) and everything else: lithium-vanadium/vanadium redox batteries, increased earthquaking standards in BRIC, Campo Allegre, Northern Dancer, and all the other potential upside vehicles are just a very nice set of cherries on top. Once Maracas is producing next year and we're in a better position to look at developing the next property(ies) we should see our share price go well beyond the current targets.