I like the fact that CMT and Kina together have 65%of Pandora...

I like the fact that CMT and Kina together have 65%of Pandora and appear to be working well together, as a majority block they can push the j/v partners a little harder. Majors have been known to drag their feet and put the squeeze on their pint sized partners.
As Blam rightly points out there is more than one road to commercialisation of Pandora and the door is wide open to further corporate activity with the major beneficiary being Cott