Is it really 0.0012% premine or just typo error, might be 12% of 50M?
This is good, anti-instamine feature.
60k coins from 50M
60.000 / 50.000.000 = 0.0012%
Should be 0.12%, because it's already in % form.
You need to multiply by 100.
(60.000/50.000.000) x 100 = 0.12 %