Dundee is part of the deal because they will retain an interest in the project. On that basis, I think their interest will (or at least should) be excluded from the calculations. If that is correct then the scheme will need to be approved by 75% of the remaining circa 80% and only circa 25% of those votes are locked in.
BRV Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held