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.
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