I wouldn't say they 'like' CR's as you need to recall how many...

I wouldn't say they 'like' CR's as you need to recall how many shares Dave took on in exchange for the land, plus his own holdings. Why would Dave like the fact that CR's potentially lower the SP, thus losing him hundreds of thousands more compared to his 'wages'.

The other side to this that I do agree on is yes Li right now has been trashed across the entire sector, just look at how even the mid-large caps are going, CXO down, LRS down, LTR down, PLS down, SYA down, CRR down etc. etc.

That's why it's a long-term game. Li will be needed in high demand in the coming years, and hence short term isn't as relevant to long term, especially for mining which even for a start to finish results to actual mining is literally 10 years.