I wouldn't go that far but the only way I've found so far of getting a reasonable insight into why a LLM has chosen to do something is to ask it.

Not OP but I’d back that assertion.

When the model that’s interpreting it is the same model that’s going to be executing it, they share the same latent space state at the outset.

So this is essentially asking whether models are able to answer questions about context they’re given, and of course the answer is yes.