Great post and your observations are really good and I can agree with all of it, however with the dark horse that if Lithium rises strongly again and the EV evolution really takes off, Evans will be the big hero. Correct that GM really got its 20% at a bargain price, but as you also mention, cash was running out, and interest rates were high etc, so it was with its back against the wall. Yes, my position is also halved, but trying to keep the strategy, want to...... see end of 2023, want to see the value after a split.