Yes same people, but you have to look further than charity and health track records. And again, when venture capital is involved, as was for those who previously lost money, that is the gamble the investors took. There are no guarantee's with venture capital, unless there is some legal stipulation saying so. No one was delisted, fined or imprisoned. All above board.
The big comparison is that Mr Catsoulis and Mr James both are an integral part of Austind and Aardwolf Geotechnical Pty Ltd.
Austind for the iron ore mining potential and Aardwolf for the up coming project of Vizhimjam (southern Kerala)International Deepwater Seaport and Container Trans-shipment Terminal.
Chairman Justin James of Austind: Currently holds consulting, executive and or Director's positions with JACE Inc (India), Austind Iron Ore Pty Ltd, Austind Iron Ore (India) Pvt Ltd and Aardwolf Geotechnical Pty Ltd.
Mr Justin is responsible for the integration and assimilation into India of the Australian Companies he advises and manages in India.
Director David Catsoulis of Austind: Previously, he has been involved in the gold exploration industry for 20 years working both as a project geologist and geotechnician. David worked as a an employee for BHP Minerals, spending many years overseas in Africa, India and Papua New Guinea. He also operated as a consultant geologist for Highlands Gold Limited (PNG) and Mt Isa Mines Ltd as well as other smaller exploration and geotechnical companies.
David resigned from all other corporate and consultancy positions in 2006 so as to focus on building the new Soil Testing and Geotechnical Business, AARD-WOLF Geotechnical P/L. His technical capacity is the backbone of this new business and his technical credentials speak for themselves. He is now also a Director of Austind (2007-08).
Think outside of the box, and you can see these guys are wanting to make big $$$$$$$.
NSL Price at posting:
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