Ann: NST: Declares Offer for Echo Unconditional, page-36

This is a very important bit of information that ALL shareholders should note. Accept now and miss out on a future raise in price ny NST. Simply, sit back watch the rise in acceptances and only respond if acceptances reach 90%. If that happens and I don’t think so, you will be mopped up later by NST

Am increasingly of the view that within 2 weeks, before the first close date, if acceptances still sit < 30%, NST will have to increase the price. And when they do we should all be pissed if just a couple of cents, must be greater than 5 cents more to get holders to let go. Particularly with rising gold price