The offtake right is not equal to share of the project. It's completely different. It doesn't take profit from ARL in any ways. ARL still has 50% share and get 25% from offtake to JC and retains remaining 25%. Offtake right is just a bonus for favours
Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-83
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