I have absolutely no idea, but if anyone can name this fungi, I will be most grateful.
It was growing on the underside of an oak tree branch, on my second recky to Black Clough Waterfall. Right next to this crop looks like some sort of brown slime mould. I also think it looks like some sort of weird eggs, in that case it may not be fungi.
Even my little book of mushrooms and the answer to almost everything Google do not have a match 😦
I did not touch it, fear the fruiting bodies eject their contents on me and my camera, they are about 5mm in diameter and not greater, and lilac/gray with marbled with white veins.