FYI...From the article below:"Austind Iron Ore is to raise up to...

FYI...

From the article below:

"Austind Iron Ore is to raise up to $10 million to fund land acquisition strategy, mining permit applications, joint venture expenditure and general working capital."

Also see ASIC filings by AUSTIND IRON ORE PTY LTD below.

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Sydney, Dec 06, 2007 (RWE via COMTEX) --

Company: NSL Health Ltd (NSLHF)

(RWE Australian Business News) NSL Health (ASX:NSL) reports a site visit conducted to the Kerala Iron Ore Project has verified iron mineralisation occurring continuously over approximately 8kms of strike.

Rock chip analysis has returned results from pervasive, large magnetite ore body with Fe grades ranging 43-52%, which compare favourably to global averages for magnetite ores.

Test work completed by the Indian Government indicates the ores are amenable to beneficiation, and 65%+ concentrates are achievable.

The deposits are easily accessed by sealed roads and village tracks 17kms from the main town of Calicut, and are supported by power and infrastructure and port facility.

Austind Iron Ore is to raise up to $10 million to fund land acquisition strategy, mining permit applications, joint venture expenditure and general working capital.

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From the ASIC website. AUSTIND IRON ORE PTY LTD ASIC latest filings NOT Imaged. See below. We will have to wait and see if these filings relate to the paragraph of the article above.

Just some food for thought:

It does beg the question "Why has AUSTIND IRON ORE PTY LTD made these filings at this point in time if it does not relate to the J/V?" Time will tell...

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Extracted from ASIC's database at AEST 19:39:03 on 27/02/2008

Name AUSTIND IRON ORE PTY LTD
ACN 127 530 205
ABN 12 127 530 205

Type Australian Proprietary Company, Limited By Shares
Registration Date 13/09/2007
Next Review Date 13/09/2008
Status Registered
Locality of Registered Office Brisbane QLD 4000
Jurisdiction Australian Securities & Investments Commission

These are the documents that ASIC has most recently received from or in relation to this organisation. Page numbers are shown if processing is complete and the document is available for purchase.

# Date Number Pages Description
# 20/02/2008 1F0021553 Not Imaged

484 Change to Company Details

484G Notification of Share Issue

484O Changes to Share Structure

484N Changes to (Members) Share Holdings

# 14/02/2008 023091624 3

484E Change to Company Details Appointment or Cessation of a Company Officeholder

# 14/02/2008 023091656 Not Imaged

484 Change to Company Details

484G Notification of Share Issue

484O Changes to Share Structure

484N Changes to (Members) Share Holdings