I was wondering the same thing. It seems the answer lies in the recent AGM notes:
"As you know, the shiploader agreement with Geelong Port has a significant take-or-pay element. Extending the utilisation of the loader to grain will help mitigate our obligation."
I interpret this as we're not getting additional revenue - we're just selling the land. But it reduces our ongoing financial risk of running/managing the property.
Ann: Land Sale for Grain Terminal Development, page-10
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