Ann: Appendix 3B - 1 March 2017, page-4

IRC did a JV with AXF group the same guys that purchased our tenements up next door to them.

I have not invested in Intermin because our Vanadium and Moly was bound to the oil shale and was basically impossible to beneficiate, I am unsure if their set up is exactly the same, however I am using my judgement based on what we found. Keep that in mind.... it was probably a good idea to sell it off if it was purely for Vanadium