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4.2¢ magnis energy technologies ltd

around this time, as we can read on ASIC document, the trouble...

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oilman01

5,824 Posts.

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23/09/24

10:57

Post #: 75792126
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Originally posted by Prabhu82: ↑

Firefighters responded at 9:42 a.m. Monday to a report of a fire at Endicott's iM3NY lithium ion-battery factory.The factory had a piece of machinery on fire on its assembly line, the Endicott Fire Department was advised as it traveled to the scene. After firefighters arrived, they observed smoke, but no flames. Employees had dumped an extinguisher on the fire before exiting the building, according to Chief Joseph Griswold.Firefighters stayed on the scene to disassemble the machinery and ensure the fire was out. No injuries were reported.While the factory creates lithium-ion batteries, Griswold said the fire did not appear to be related to a battery. The cause of the fire -- along with the extent of damages -- remains unknown, although Griswold said he had "a feeling it's pretty expensive."

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around this time, as we can read on ASIC document, the trouble is known and the value of im3ny changed. I am wondering if the fire was related to swelling cells? Search Magnis ASIC, you can see the latest document. Have a read and see how we were kept in the dark despite material change in value of the company.

MNS Price at posting: 4.2¢ Sentiment: None Disclosure: Not Held
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