So COB has $8 mill cash on hand and planned cash outflows of $4.4 mill next quarter.from recent quarterly Ann. And yet they claim $9.6 mill for next quarter costs with BPL , BPL has a mcap of $7 mill. Who now claims you pay for it mate your no longer the Manager of this Joint Venture. I think I know where this is going but I’ve been wrong heaps before!. COB has a major partner LM and from what I can gather they can see the hugeness( what a word) of this project. JK ,I believe smacks of being a smart cookie SO MY TAKE is we don’t need to give BPL millions on June 30 next year,from stage 3, why not buy you out with our wealthy friends and our soon to be released upgrades from current drilling pumping the enthusiasm for this stock.I am waiting with huge anticipation on COB response to this with a market cap of $27 mill.
