It's more to do with competition, down time, who cops the bill for downtime and your ore (either company) not being processed, logistically it's a headache, what if one company wants to go in another direction? Or a multitude of different possibilities, can happen.. in theory it's great, practicality not so much..
Can neighbours be (Joint Venture) friends?, page-32
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Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
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