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Metal peice sticking out on bottom?

Hey guys,

I recently purchased a cheap 1980s Marlin Slammer (defretted) bass neck.

It has this metal peice sticking out of the bottom (pictures below) and I'm not sure what it is.

thing.jpg


I'm just putting this neck on a cheap, two year old P Bass clone, and was wondering if this metal peice will get in the way, as I have never taken apart an instrument and I usually see flat screws on the bottom of necks.

Thanks in advance