Well guys here's my take on why they have deferred the...

Well guys here's my take on why they have deferred the performance rights issue to Victor.
This month (March) we are due both the Mt Joel results and the revised BFS.
From my understanding the Mt Joel results are excellent which in turn would drastically improve the revised BFS.
NST are sitting on the sidelines just waiting for Echo to improve their reserves which I believe Mt Joel will in fact do and then I wouldn't be surprised if NST then make an offer for Echo Resources.
I also believe the BOD would in fact be in favour of an NST takeover.
I will be doing my own calculations on what I think our share price would be worth (in a takeover situation) once the revised BFS is released.
The original offer to Victor IMO was far too generous given his current tenure at EAR and they were also allowing the time frame for first gold pour to go out to 2020 when in fact the company had already committed in November 2018 that it would occur in 2019.
On top of all this we have a share price that is being manipulated downwards on where it in fact should be given our current status as becoming a very profitable gold producer in 2019.
All this is in my own opinion and should not be construed as anything other than that.
Good luck