How so nectar38?
Your dilution inclusion is not for the capex to start up the mine. So basically the entire calculation on EPS ignores initial and on-going capex.
Your additional 120million shares at say current prices is equivalent to 14.4m$.
This is probably to fund the BFS amd ongoing admin expense.
Go check your post... I am sure i am correct.
pfs calcs $150million profit/yr amazing eps!, page-88
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