Post by
lappy009 on Oct 03, 2024 10:24am
October 28.....
CME Group Co. will launch the cash-settled futures for spodumene, a lithium-bearing hard-rock, on Oct. 28 pending a regulatory review
https://finance.yahoo.com/news/lithium-contracts-added-cme-bourse-061012819.html
Comment by
DoggerJT on Oct 03, 2024 11:56am
I'm nowhere near as sophisticated as some of the other folks on here when it comes to futures. Do we expect this decoupling to have a positive effect on spodumene producers/juniors?
Comment by
Tiger131 on Oct 03, 2024 9:04pm
Can't say I'm very sophisticated either but I would think this will really only benefit juniors with a proven resource not just a PFS of a PFS of a PFS. That and a reasonable amount of finacing for sure in place as well because there is too much risk with JM's and too many scammer companies out there as well. Good news I suppose so let's see how this goes.