I think if Leo comes out of suspension and is in production (or...

I think if Leo comes out of suspension and is in production (or close to it) and has settled with the Malian government, people will feel much more confident buying Leo for the long term. I see a credible path to that $2 valuation if a few things fall our way.
And don't forget lithium companies with no credible path to production are getting slammed. Ironically, Leo may be one of the few to come into production this year and will also be the most undervalued.
We still need more updates on the government situation and reassurances that construction is on track, but once Leo starts re-trading, there may be a few (like me) ready to buy (notwithstanding the risks).