Ann: Roadshow Presentation - Echo to acquire Metaliko,MKO-EAR.AX, page-6

Yes MKO is being least 50% undervalued and EAR overvalued(since EK got the boot and MR would have put the word out to the EAR & other investors they would be getting MKO for scrip) ....on paper we MKO holders are getting the one eyed snake ...now if the merged group will reward all ....well we will see

Now had we stayed on the path of BML lease + toll treating EAR ore+ treating MKO own ore ...then MKO would have blown the doors off EAR in market value during 2017 ..

..Unless EAR had discovered the next major muti moz deposit market value of EAR would have be capped by the dilution to fund Mining / license /roading for toll treatment till any cash-flows had came about from BZW ....

Now EAR major S/H mgmt new this as a do it now or never ....and as why we have NIL update on BML lease deal or anything positive for MKO really during 2016 we gave away huge amount of permits to IRC ....compared to EAR where we have seen many upbeat drill results released --2 presentations -huge buy up of land close to BZW and

Echo Resources Limited (“Echo” or “the Company”) is pleased to advise that it has successfully completed the placement of 19,000,000 fully paid ordinary shares to institutional and sophisticated investors to raise $3.23 million before costs. The placement was heavily oversubscribed reflecting the success of recent exploration activities and the quality of the Julius Gold Project.....(insto-sophs in the know of the plan to get MKO!!)

IMHO has been planned for some time