diff --git a/tools/mtouch/Application.cs b/tools/mtouch/Application.cs
index 02172133dba7..dc1df7f391f9 100644
--- a/tools/mtouch/Application.cs
+++ b/tools/mtouch/Application.cs
@@ -957,16 +957,6 @@ void DetectCodeSharing ()
 					continue;
 				}
 
-				if (Optimizations.RemoveDynamicRegistrar != appex.Optimizations.RemoveDynamicRegistrar) {
-					Func<bool?, string> bool_tostr = (v) => {
-						if (!v.HasValue)
-							return "default";
-						return v.Value ? "true" : "false";
-					};
-					ErrorHelper.Warning (113, "Native code sharing has been disabled for the extension '{0}' because {1}", appex.Name, $"the remove-dynamic-registrar optimization differ between the container app ({bool_tostr (appex.Optimizations.RemoveDynamicRegistrar)}) and the extension ({bool_tostr (Optimizations.RemoveDynamicRegistrar)}).");
-					continue;
-				}
-
 				bool applicable = true;
 				// The --assembly-build-target arguments must be identical.
 				// We can probably lift this requirement (at least partially) at some point,
@@ -1056,6 +1046,17 @@ void DetectCodeSharing ()
 					}
 				}
 
+				// Check that the remove-dynamic-registrar optimizations are identical
+				if (Optimizations.RemoveDynamicRegistrar != appex.Optimizations.RemoveDynamicRegistrar) {
+					Func<bool?, string> bool_tostr = (v) => {
+						if (!v.HasValue)
+							return "default";
+						return v.Value ? "true" : "false";
+					};
+					ErrorHelper.Warning (113, "Native code sharing has been disabled for the extension '{0}' because {1}", appex.Name, $"the remove-dynamic-registrar optimization differ between the container app ({bool_tostr (appex.Optimizations.RemoveDynamicRegistrar)}) and the extension ({bool_tostr (Optimizations.RemoveDynamicRegistrar)}).");
+					continue;
+				}
+
 				// Check if there aren't referenced assemblies from different sources
 				foreach (var target in Targets) {
 					var appexTarget = appex.Targets.SingleOrDefault ((v) => v.Is32Build == target.Is32Build);