Fact: Magnis had a big stake in battery plant and production.
If I was in their shoes, I would have popped my head in for a look to see how it’s progressing.
My bet is that once they knew the battery’s had issues, their heads went in the sand, kept on taking their salaries while the train with no brakes headed for the end of the track.
They knew the info coming out of the factory was porkies, but why admit it when you can still get paid for supposedly running the show
Pretty standard run sheet for small caps that lose their way
For what it’s worth, I hope they survive and mine the graphite
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