I am not surprised to hear that Glencore/Xstrata are sniffing...

I am not surprised to hear that Glencore/Xstrata are sniffing around. But I'm fairly sure nobody on the IRL team has had a connection with Glencore.
I checked the Annual Report.
What is interesting however, Andrew Simpson has a close connection with the Noble Group, this goes back to the days of Consolidated Minerals and then of course with Territory Resources and lately with Blackwood.
Once IRL actually gets the Mining Licence then everything will change