Seems right - I have two pics (not taken by me) that may help:
View attachment 42566 View attachment 42567
It's a small, roundish plastic device mounted to the top of the diff extension on the gearbox that the driver's side drive shaft goes into. When it's clean it's a white/tan colour but it's probably a little dirty by now.I think i found the location of the sender on the gearbox, will check that next before buying a new Bitron box.
You'd be getting duff odometer readings if it were the sender from the gearbox.