For a right-handed shooter, the correct position for the left hand while firing is on the ventilated barrel-casing, but not on the magazine, as the pressure from holding the magazine can increase the risk of stoppages, and a loose magazine can lead to dropping the weapon. - Wikipedia page
This mod swaps the hold animation for the Patchett L2A1 to one where you're not holding the gun by the magwell, which in real life would result in the gun jamming or the magazine coming loose, as well as adjust the steelsight stance to one that fits the new animations. Simple as.
As a side effect, the gun now also has a smoother recoil animation, which is a big plus as well.