Ann: HWK TO SPIN-OUT HIGH GRADE GOLD AND GOLD-COPPER PROJECTS, page-142

Let me put it this way.
If lithium goes up, we would go up either as pure play or diversified.
If lithium goes down, we sink with the tide as pure play, but gold/copper would have served as a hedge.

Look another way.
Sure we have stock in the gold/copper spinoff, but HWK SP is now valued solely on lithium. We bought it valued at li+au+cu so, of course, the valuation will be less for li only, and it will take a while for those of us who bought HWK valued at li+au+cu to break even on li alone.

Anyway, what's done is done. Now we wait for lithium boom and good luck to us all...