Ann: Trading Halt, page-11

I'm still a bit confused about a couple of points:

a) If there has been a clash of ego's why are Jerry and Rodney still co-directors of Australian Oil and Gas together?

http://www.australianoilandgas.com.au/directors.html

b) Secondly if the lender had an issue with management why would they have agree to put the funding in place with  the current management team originally ?

I agree that management seems to have dropped the ball with the EIS submission but seemed to have ticked most other box's over the last six months.

Is there another reason, or as you say hope an ulterior motive that we are unaware of?

Hopefully they are all getting together in the background and putting aside differences to rescue the company for the good of all shareholders!