I get milky oil on the bottom of both valve covers.
There is nothing in the pan and nothing in valley

So I have heard that this may be OK but usually milky oil if a concern.
Prochargered wedge. Joe Gibbs 20 W 50 oil

It was bad last winter as I started the car and moved it outside and inside the shop numerous times.
The car was not driven in the winter (canada) so it never got driven or have the oil warm.

I was told that to get the engine warm and boil off some moisture.

I took it for a good drive today with my wife and when I got home I checked and still white
Temp of engine between 180-200 and oil temp at 180 at the end of the day.

I have 2 lines from the valve covers into a separator

Any thoughts?

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1970 Barracuda Convertible
1968 Satellite Street Strip car
1654.5 Mustang
1955 Land Rover