adani enterprises , page-5

LINC SELLS GALILEE COAL TENEMENT FOR $3 BILLION
bundabum
? Linc Energy sells its 100% interest in the Galilee coal tenement (EPC 1690)
to Adani Mining Pty Ltd, a wholly owned subsidiary of Adani Enterprises
Ltd
? Sale price of $500 million in cash up-front, plus a royalty of $2 per tonne
(indexed to CPI) over 20 production years
? Total estimated revenue from the sale of approximately $3 billion over the
life of the royalty
? The sale to Adani represents the largest single investment by an Indian
company into Australia

Depends on production but 60m tons in 2020 = $120m of todays money.