Saving HMS Lion as a memorial

If HMS Lion were preserved under treaty rules, would she be encased in concrete and where would she be placed?

Under the assumed Mikasa-style treaty arrangement she would be encased in concrete, with Portsmouth or a Plymouth/Tamar site depending on the sponsor's purpose.

Lion is assumed to be retained as a memorial under a Mikasa-style Washington Treaty arrangement and therefore encased in concrete. Her location depends on who secures her preservation and why. A Royal Navy project suggests Portsmouth, while political sponsors could choose a site serving their own interests. Devonport construction makes Plymouth and a site on the Tamar plausible alternatives, with the Devon side suggested later. The subsequent river and gunnery jokes do not settle an exact berth.