I put this video up on Youtube over four years ago, and I haven’t learned much more about it since. What I do know is that there was an attempt to produce an animated feature film of The Incal, and that this attempt failed. What I think you see here is a reel put together to bait more financiers into the project. And curiously at the end, there is an animated Arzach sequence and something else. That something else is gorgeous, and I’m guessing it’s a narrative based on Moebius’ Starwatcher illustrations.
This thing is baffling. And gorgeous. As far as I’ve heard, both Moebius and Jodorowsky were heavily involved but I haven’t heard either of them mention it directly.