PG.. If you're invested in BMN you have obviously done the research and your own risk assessment and concluded it is worth the investment for whatever timescale you feel is appropriate for whatever returns on your investment you are comfortable with knowing there are absolutely no guarantees...so why the negativity?
If you are not invested because you feel the risk v returns are not right for you...why on earth are you wasting so much of your precious life on here because you're missing other possibly much more suitable investment buy ins elsewhere. One day you may wish you hadn't wasted that time...
PG.. The market is enormous and there will be plenty of room for many different energy storage methods and it will probable settle down to proximity and availability of resources. We will be in a sorry state if the World's energy storage is beholding to one company/technology like Tesla. As I posted a couple of days ago, light weight solar panels are now coming to market and these can be installed on existing commercial buildings where the roof wasn't strong enough to support the heavier glass panels... The adds a huge new retro fit market for both solar and battery storage. In France all new commercial building must generate a certain percentage of their energy usage. Safety will be a big factor in decision making but so will risk assessment together with costs, ease of installation, maintenance, life span, expansion, end of life replacement/recycling and in some of these areas VRFBs will be a better choice.
We have a 4x4 and a sports car... I rest my case!!!
And this post from a forum in 2017 and the reference is to Richard Hammond super car crash after Swiss hill climb challenge where battery kept reigniting over a 3 day period.
'Firefighter here. I attended a Tesla training in which they actually rolled over one of their $100,000+ cars and showed us what's what. They build in battery and electrical disconnect points for us to use during the extrication (read: destruction) process, but when a car is as badly damaged as Hammond's, they may not be accessible. The best bet is to enter a defensive mode, let it burn and just focus on keeping the fire from spreading to exposures (vegetation, structures, etc.). This is one of the many aspects of modernity that's making us rethink the "smash and spray" mentality of the past. I wouldn't say we hate electric cars because a good fireman likes a good challenge, but the amount of resources and time they consume (5 days?!?) make them expensive. If you want to talk about scary for firefighters, let's talk hydrogen fuel cells...'
So the question is how man tow trucks would be happy to remove an EV with badly damaged battery pack which had caught fire from the accident site...
Ophidian... Sorry didn't make myself clear.. The RNS said docs by 16 March so they could be submitted sooner I guess at which point trading commences with completion expected end March...over the next couple of months should have be in a couple of months. Head not fully engaged...
Again thanks Ophidian and Alfa... I kinda read it that way hense using 'if' in my posts... Anyway we got the update and now have a timescale confirmation. It'll be interesting to see how the RedT SP moves over the next couple of months.
Thanks Ophidian... Hopefully it won't be too long now...battery orders to fill and customers to keep happy... Especially on the RedT side...they too must be in limbo too and we don't want them taking their current/potential business elsewhere!!!