Hard to see how people can pick holes in this announcement.
Looks like a free option to me.
CXB spend 6 months working on a proposal to apply their supposed cutting edge technology to a commecialisation of PLS's Pilgangoora deposit.
This will be an additional option for PLS to consider at the appropriate time, not an exclusive arrangement.
If PLS like the proposal, and think it could be a goer (ie funded, etc), then I assume they will give it the appropriate consideration. Along with others.
All at little or no risk to them.
And in the meantime, sending a wake-up call to other potential interested commercialisation partners to get on their bikes and get cracking.
And the problem is?
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