The ASX was hammered yesterday. Junior explorers have been taking their share of the pain. Markets are going through extreme difficulty at the moment getting used to the idea of interest rate rises necessary to fight inflation. Inflation is now taking hold, so central banks can no longer ignore reality. The good news is that 'good news' will still be rewarded no matter what the macro picture is out in the wider world, so we can look forward to more drilling results from Redback and the commencement of Nickel drilling in due course.
MXR Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
