Not really. :) The Mill has bugs at many levels from design to implementation both in software and hardware. It's even in the linked paper: "A code generator bug exposing a software vulnerability akin to Spectre variant 1 has been
resolved with a bug fix, without hardware modifications."
It is plausible, but without having a concrete CPU on which independent researchers are able to do independent tests I am rather cautious.
Intel, AMD and ARM also claimed that the branch prediction on their CPUs cannot in practise be used to generate a side channel - Spectre proved otherwise.