Good observation HAW323. This is one of those small companies...

Good observation HAW323. This is one of those small companies with a big project which you acquire at the low point in the cycle. I would expect Glencore is reviewing its portfolio and the disposal of Frieda River to PNA suggest they have prioritised which Cu-Au deposit they wish to focus on. That would therefore suggest that IRN's cheap sum of the parts valuation would certainly attract attention.