Grizzly Research reports short opinion on Sigma Lithium

Grizzly Research reported a short opinion on Sigma Lithium (SGML), a development-stage lithium mining company focused on advancing its Brazilian Mining project to production. According to the firm, "bogus" feasibility studies and production delays will leave "investors praying for a buyout." Grizzly Research believes a bid from Tesla (TSLA) is "unlikely" given CEO Elon Musk’s focus on refining and preference for clay minerals available in Nevada over conventional spodumene, and while there may be suitors for Sigma, "not at the current price." Reference Link