Joe,
Would TDC's price be much different if you used 810K ounces for P+P and 343.6MM for shares fully dilluted?
From Tyhee's May 2011 financials, it's capital structure looks like:
Issued (millions)
|
293.7
|
Warrants (millions)
|
30.7
|
Options (millions)
|
19.2
|
Total (millions)
|
343.6
|