Under the Agreement with FLSmidth A/S, they will draft a Feasibility Study for the Ollagüe Salar and an engineering plan for how to extract lithium from the project in the future, in exchange for the preemptive right to be the contractor for building the plant and supplier of equipment for that plant.
We get their services for free, while they get a guaranteed project to which they can apply that expertise and whatever equipment they manufacture to be applied to that project and what they engineer.
The FLSmidth agreement gives Wealth Minerals a symbiotic relationship, whereby FLSmidthp supplies engineering and technology know-how, while Wealth Minerals provides the resource and on-the-ground understanding of Chile as a jurisdiction and mining region as a business.
Marrying these aspects together will unlock shareholder value.