Whether you are postive or negative probably depends on your time horizon. Admittedly, the near term economic outlook doesn't look great, with rising recession risks. However, as evidenced by the Q1 results of ALB and LTHM, I believe the lithium sector has entered a period of sustained price growth and margin expansion.

As to the valuation of LAC, I don't think the market appreciates the scale and growth potential of TP and the Argentinian assets, nor the potential for LAC to leverage the Lithium Technical Development Center in Reno into other North American resources. LAC is a long term growth story. That's why I am invested, and I am fortunate to be in a position that I can hold until that plays out. 

Other than that, I would not be surprised to see some M&A activity over the next 6-12 months, at values which could "validate" the long term profitability and growth potential of the sector.

Hang in there ...