They seem positive on the dilution.

The buy-in is a bargain for Zijin. What's important for us as existing shareholders, however, is that this is more than enough money to complete any and all feasibility work and to start putting the project into production as soon as final permits are received. Given the high level of First Nation support for the project, we do expect Pretium to receive its mining permits in due course. Buying long-lead-time items like ball mills (which can take years to deliver) in advance means that when permits are received, the company will have an unusually short path to cash flow. Remember: the exploration adit into the guts of the Valley of King zone is already production size. There are still a few ducks to line up—particularly the rest of capex and those permits, of course—but this story just took a large step toward becoming the highly profitable gold mine we expect it to be. This is “good dilution,” and we’re on board.