Nov 30 (Reuters) - Broken Hill Prospecting Ltd BPL.AX :
* UPDATES ON THACKARINGA COBALT PROJECT
* COBALT BLUE ISSUES CASH CALL NOTICE TO CO FOR IT TO GIVE 30% SHARE OF EXPENDITURE TO BE INCURRED UNDER ONE OF RESOLUTIONS
* IS UNDER NO OBLIGATION TO PAY CASH CALL AMOUNT
* IN EVENT THAT, CONTRARY TO BPL ASSERTIONS, CASH CALL IS VALID, BPL'S INTEREST IN TJV WILL BE LIABLE TO BE REDUCED
* "REITERATES THAT DRILLING ACTIVITIES UNDERWAY AT THACKARINGA REMAIN AT SOLE RISK AND COST OF COBALT BLUE"