Reward vs risk, page-264

Good news.

Maybe LLL finally gets a bit of breathing space.
’
It’s honestly seemed like, anything that could go wrong has gone wrong since demerger dates were announced.

Carrying a good 50% discount for Sov Risk currently IMO, which is fair enough. It’s Simon and Ricks job to close that to a more reasonable amount as we get closer to production.

There will always be a discount, it is tightening it that will benefit LLL holders.