"GCR OWNS approximately 7% of Legends total Phosphate resources in QLD (i.e. 500 Mt / 1500 Mt *20%)
In gross terms that's 70 mil/annum for GCR"
It's better than that because this deal is roughly valuing the 3mt at $1 billion, but it's only for 3mt of their planned 5mt production.
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legend announces long term offtake agreement, page-8
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