GreggWard wrote:David wrote:Wow, only a low risk on Thursday despite low LI's and high CAPE. Wasn't expecting that

I saw that too David. I wonder why that is.
Its because the upper air expected to be dry (likely to mix out, which what happened here yesterday) and the tropuspause is forecasted to be low, meaning the risk of getting lightning from any resulting convection is low.
There may be all the cape and LI in the world but if there if updrafts take in air and it subsequently dries out, the water vapour carries a much lower charge differentiation, which means the convection wont spark as well.
For a LT (Low Topped) Thunderstorm to occur the air needs at one point in the atmosphere needs to be saturated and the air needs to be boyant and carry a steep lapse rate(potentially even more than a normal Thunderstorm setup as there is less height for the Cb to carry a charge differentiation).
Often the saturation point can be achieved by the air meeting the Saturated Adiabatic Lapse point, however this doesn't mean it wont mix out afterwards. Also the more saturated the atmosphere is the more likely any resultant convection will give off latent heat (which then assists again in the lift/updraft process).
Hope that helps explains things.....