Nov 22 (Reuters) - Cobalt Blue Holdings Ltd COB.AX :
* RECEIVED NOTICE FROM BROKEN HILL PROSPECTING LIMITED
* UPDATES ON THACKARINGA JOINT VENTURE
* NOTICE SAYS BPL TO SEEK DECLARATORY RELIEF UNLESS CO GIVES UNDERTAKING NOT TO ENFORCE RESOLUTIONS PUT TO VOTE AT ADJOURNED MEETING OF TJV
* BPL WILL SEEK DECLARATORY, AND POSSIBLY INJUNCTIVE, RELIEF FROM A COURT SEEKING TO INVALIDATE RESOLUTIONS VOTED UPON AT THAT MEETING
* SEES NO REASON TO CEASE THACKARINGA JOINT VENTURE ACTIVITIES, WHICH REMAIN WITHIN SCOPE OF TJV AGREEMENT