the benefits as I see them are:
1. removal of legal impediments that make negotiating sales difficult.
2. removal of royalty obligations.
3. active assistance in getting the mine to production (remember we don't actually have a mine yet) from a company with proven experience in providing mining services to other operators.
4. potential economies of scale/sharing of resources by working in partnership with a nearby large producer
We need to get a mine going from scratch and that is not a trivial task There are potential savings here as well as the one-off cost of the shares by inviting MIN into the tent.
I think this makes the likelihood of the project profitably coming to fruition stronger.
All IMO.
Ann: Pilbara Minerals Reaches Agreement with Mineral Resources,MIN-PLS.AX, page-73
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