RE:RE:RE:New Press Release - Silicon-Based Anode Batteries Achieve 3,734 mAh with 96% Capacity Retention after 200 Cycles, Surpassing Commercial Alternatives by 66%Tocky, I think you know my answer. As an investor that has seen many R&D companies, the journey continues. There is nothing new in the video to add to the news release or general expectations as to how things will unwind....the only question is pace which I do not speak to.
These videos are completely validating all the points I have been raising in the past. I always commented on the positives but cautioned about jumping too far ahead. And everything is being validated even though the pumping trolls keep bashing the reasonable thoughts. Examples:
1. Look at the early GEN1 and 2 videos. Pumping the materials as disruptive. Fast forward what is communicated now - two hundred cycles and they perform worse that the old 100% graphite batteries. And performance over 25, 50 or even 100 cycles doesn't matter. To your point, you suggest they held back those results until they had more positive ones. So maybe they are not being as transparent as they say all the time, or maybe not on a timely basis.
2. When they announced the "world record" I stated that there may be many companies working on technologies where this one metric may not be the objective that they wish to achieve. In this video they are walking away from the "world record" claim supposedly because of the cost to claim it (if they actually had it) and partly because it doesn't matter. I believe somewhere between 12 and 17 minutes in the video.
3. Around the 18 minute mark, BT is putting the breakthrough into perspective by qualifying that there are batteries with similar performance but fences HPQ achievement in terms of cost competitiveness because those other batteries have SiOx derived from silane gas which is much more costly.
All these completely validate all the things I was saying, and being bashed for by the pumping crew, all the time. The battery world is complex, there are many companies, many investing billions of dollars in research and knowledge by the investor base here does not even scratch the surface. GEN3 work holds a certain amount of promise, but the journey is far from complete and far from a guaranteed slam dunk. And success can take different forms; much different from Ronnie's and pumpers messaging.
Kudos to the company for paying attention to good comments and fixing graph labelling when pointed out in the news releases.
Waiting for news on next steps. News with some type of $$$ flow to the company is the ultimate objective.