This rat is still around and I actually purchased a small amount of LAAC yesterday. Since I rebalanced post split, I have not sold any shares. My current allocation is 82% LAAC and 18% LAC. I think LAC has a 5+ year timeline to realize its full potential and that is still loaded with risk and guaranteed additional dilution (GM tranche 2 at the least).  I think LAAC can run from these levels as soon as Li prices start to stabilize and head back up to the $15k-$25 per tonne range. They also have tons of additional upsize with C-O phase 2 and their other projects in the planning phase with Ganfeng.

This downturn is extremely painful and depressing (just like 2017-2018), but I have not lost faith.

All the best....