I suppose in part there is some good news in this with...

I suppose in part there is some good news in this with arrangement between GAM and MIN and that is GAM elected to retain its right to the Tantalum which possibly means it intends to purchase the by product off Pilbara which makes up a part of their project revenue stream but that being said I dont think there would be a formal off take arrangement done until the 11th hour because GAM only have to match a rivals bid.

Its interesting to note that the deal between GAM and MIN was conducted before the finalising of the off take. I really dont see how Pilbara doesn't think GAM can transfer those rights and even so if this threatens the formalisation of the deal between GAM and MIN I see no logic way GAM cannot exercise those rights on behalf of MIN anyway.

"On the evening of 22 July 2016, Pilbara received notification from Mineral Resources Limited (ASX: MIN) (“MRL”) that it had that day purportedly been partially assigned the ROFR as part of the acquisition of Global Advanced Metals Pty Ltd’s Wodgina mine assets. The conditional purchase of these assets was announced to the market by MRL on 28 June 2016. Pilbara understands that the purported assignment relates only to Lithium, with GAMW retaining its ROFR and Royalty with respect to Tantalum."

Link GAM release on the 28 June

http://www.globaladvancedmetals.com/media/42220/gam agrees to sell mine assets.pdf