Advice needed, page-3

From IRC website>>
While the focus is on vanadium as the primary product, the Richmond project also contains significant quantities of molybdenum, nickel and copper. Prices for all these commodities have risen in the last 12 months and projected to remain strong into the future. These by-product metals have the potential to generate significant revenue in their own right to add value to the project. Metallurgical testing to extract and recover all metal types and produce saleable products will form part of the next phase of work on completion of the ore pre-treatment assessment.

In addition, the deeper fresh zone from 15-40m depth contained significant oil resources together with the above metals. Further test work on this zone will be completed in 2019 to assess optimal processing pathways and commercial viability.

So I understand AXF is working to 75% ownership of all metal and shale oil rights ...then from there we will fund per percent ownership ..so IRC will fund only 25% of mining costs - onwards to production ..if that's the plan

Personally, I think we will see another well Chinese funded entity join or take over the control of the V project once AXF takes it to DFS stage if not before under MOU