Not one to let moss grow, I just heard through Mike’s wife that he will be moving down the mountain to the saddle between Lhotse and Everest (about 25,930 ft). He and his Sherpa will take a few hours break and then, yes, they are going to head up Lhotse. Lhotse stands at 27,940 ft.
Updated to include more details on the Lhotse/Everest Traverse thanks to Alan Arnette.
Alan was good enough to give more details on the Lhotse/Everest saddle. He writes that:
It will take them a couple of hours to descend to the midway point between the top of the Geneva Spur and Camp 3 where they will begin to regain altitude towards the summit of Lhotse. There is a High Camp there where I assume they will take a healthy food and water break before climbing to the rock gully to the summit. There have been multiple summits of Lhotse already this year so the fixed line is in place. There have been no reports of rock fall more than normal.