MYL 0.00% 70.0¢ mallee resources limited

So why is MYL on the nose? Is it sovereign risk? Is it because...

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    So why is MYL on the nose? Is it sovereign risk? Is it because it is not yet producing? is a big holder offloading???What else?

    The MYLO options are trading at a discount to their conversion value...that is a bit weird... although they do expire in Dec.

    Why might the market not want to take a punt on MYL?
 
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Currently unlisted public company.

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