Ann: New Large Project in Wuhan, China, page-34

A couple things with this announcement...

East Lake is 3,362ha. At 6t/ha application (same as Xingyun Lake) and a $3,000/t sales price, contract should be worth $60.5m in total. Time frame will likely be 5 years with perhaps 50% of annual volumes in year 1 and then a full run rate thereafter.

Most important thing is that this is NOT one of the two Chinese trials recently announced by the company. This is a separate opportunity so the other two may still result in additional contracts.

Hope this helps!