Ann: 121 Mining Investment Hong Kong Presentation, page-33

just read this

BMW’s electric push coincides with the biggest transformation for the industry in decades, drawing in a host of new competitors like Tesla and Uber. BMW last month flagged it’ll spend €7bn on research and development this year, as much as 2011 and 2012 taken together.

: when you ee the likes of BMW spending 7 billion Euros on just r&D for electric cars in one year-then the 500 mill for the plant to getthe actual cobalt is peanuts for them..or VW or Mercedes etc...especially if the german govt gives it anyway to help them not go extinct!!

if theres ever been an easy peazy 500 mill USD to take  CLA could be linning up and at the head of the queue..