If you are starting with 50mg nic and want to make 30ml of 20mg nic the formula is:
Nic = 12ml
PG = 18 ml
All droppers are different so you need to figure out how many drops = 1ml with the dropper you are using. I'd use a syringe or a cylinder to measure 30ml - that's way too many drops for my brain to count perfectly and not lose track.
In this case, the Nicotine is 40% of the Mixture and the PG is 60% of the Mixture.
If you work in Percentages than the Units of Measure don't matter.
40 Drops of Nicotine to 60 Drops of PG. (As long as you use the Same Dropper & the Nicotine / PG are abouet the Same Viscocity)
40 Teaspoons of Nicotine to 60 Teaspoons of PG.
40 Shot Glasses of Nicotine to 60 Shot Glasses of PG.
or as you mentioned
12ml of Nicotine to 18ml of PG. (12 & 18 are Scalar Multiples of .4 & .6 ie: the Scalar is 30)
I like to work in Percentages because once I know the Percentages, I can make Any Mixture Size.