“She (Lady Russell) had a great wish to see him. If he really sought to reconcile himself like a dutiful branch, he must be forgiven for having dismembered himself from the paternal tree…Anne was not animated to an equal pitch by the circumstance, but she felt that she would rather see Mr. Elliot again than not, which was more than she could say for many other persons in Bath.” (Chapter 14)

“Still, however, she (Anne) had the sensation of there being something more than immediately appeared, in Mr. Elliot's wishing, after an interval of so many years, to be well received by them.” (Chapter 15)

"It was now some years since Anne had begun to learn that she and her excellent friend could sometimes think differently; and it did not surprise her, therefore, that Lady Russell should see nothing suspicious or inconsistent, nothing to require more motives than appeared, in Mr. Elliot's great desire of a reconciliation." (Chapter 16)

Yes, I must agree for what is good for Mr. Elliot must be good for Colonel Wallis also. I believe the quotes above show that Anne is a bit questioning and cautious in her opinion of Mr. Elliot’s intentions, although this does not prevent her from enjoying his conversation, especially about Lyme nor while in the mist of that enjoyment having thoughts of someone infinitely more dear to her: