First off let me say the boat is a competition ski boat with a direct drive inboard. The alternator that is on the boat is a single wire output alternator. <br /><br />The wire which runs from the alternator to the breaker box(rear of engine w/50amp breaker) got too close to the exhaust manifold/riser, and melted the rubber coating grounding itself to the engine. Once this happened, the boat died. 5 seconds later the negative 5/16" post on the optima battery (34M/1000M) got so hot it melted off the battery comlpetely. I was using the 5/16 threaded posts, not the large posts. The larger negative post and both of the positive terminals were unharmed. The 50 amp breaker didn't break.<br /><br />My questions are; What are the chances I damaged by alternator and starter? And the battery takes a charge, so would it still be ok to use it using the large terminals?<br /><br />Thanks in advance.