"[Overrated or underrated] Leo Lithium?Thomas Woolrych: Tier 1...

"[Overrated or underrated] Leo Lithium?

Thomas Woolrych: Tier 1 geology in a difficult jurisdiction. Some of the hairs on that project came from management at Firefinch (FFX) pushing the Morilla gold project and now it looks like Leo is stuck with the environmental liabilities from a gold project that is not even theirs.

Travis Ricciardo: You got some capital tied up there in the fund. Take Leo's last traded sale price. Would you sell it for 100 cents on the dollar for the last trade price? Would you sell it for 50 cents on the dollar of the last traded sales price?

Thomas Woolrych: I think if you asked me two weeks ago, I think I would just said get my capital out at all costs. I would of sold it for 50 cents on the dollar. But with the rebound and the underlying Beta of the lithium prices coming back, I probably would be buying more because it is a tier 1 asset."