The Fully diluted has to be reduced as follows....

165,135,164

-12,946,004 ARU options converted to KINROSS OPTIONS

152,189,160 Total ARU shares ( including the 15 Million Kinross PP)

This number agrees with the figure used on the press releases from ARU

152,189,160

-15,000,000 Kinross PP

137,189,160 adjusted share balance without Kinross PP

I think this is pretty close to the figure that is being used IMO