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Hoskuld

03/10/26 9:21 AM

#2310 RE: DFRAI #2309

Hi DFRAI, thanks - I really piled into this one over the last 3 months. This seems extremely de-risked and the opportunity is one of the most asymmetric that I have seen.

I hope you are right about the SAG and a positive outcome. I am still holding there and have fingers crossed. It is not the slam dunk that SLS is but I am hopeful. The biggest risk is that the company ignores the issues that EMA cares about in favor of the issues that they are most comfortable with.