Spot on both points Sneaky.
SVM need 50.1%, only way that can happen is getting all the big shareholders onboard. SVM has to sweeten the current deal to get them to sell. PRU had to use Euroz to get their 19.9%.
The ball is in PRU's court now and has to make the move, they wont want to sit as second largest shareholder with SVM calling all the shots on progress of mining..