Ann: EQR Signs 5 Long-term Offtake Agreements for next 24 Months, page-6

Just trying to make sense of the numbers here, and forgive me if I'm substantially off the mark as I'm in North America and finishing off a long day of work:
- value of US$124M over 24 months, equal to US$62M each year of revenue
- represents 470 x 20 metric tonnes per container, therefore 9,400 metric tonnes over 24 months or 4,700 metric tonnes per year
- 1 metric tonne equals 100 MTU, therefore 940,000 MTU
- implied price per MTU is therefore US$131.91 per MTU of 50% WO3 concentrate
- current price for 88.5% WO3 concentrate is ~US$335 per MTU, discount that by 50% is US$167.5 per MTU which is substantially above the implied price above