COB 3.23% 9.0¢ cobalt blue holdings limited

COB as interim manager have changed nothing. The EXACT drilling...

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    COB as interim manager have changed nothing. The EXACT drilling program that was approved prior to the farm-in termination, has continued as a JV.
    If COB had said that all exploration will have to cease, then that would have been a significant change to the status quo.

    Quite apart from the above point, I don't understand what you expect an interim manager does. They are the manager until a new manager is found - ie, the interim manager.
    The whole point is, there can't be a period where the project is stalled due to disagreement about a manager, hence there is the provision in the contract for an interim manager, defined as the larger joint venture entity.
 
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