This is the first film in a trilogy by Hungarian Sándor Reisenbüchler. It is based on a poem by Ferenc Juhász
At 04:28 you can see some characters resembling Wondjinas, so it is possible that Reisenbüchler was familiar with the work of the “ancient aliens” -freak Erich von Däniken.
Below are included the 2nd and 3rd part of the trilogy for reference. They make use of photomontage and collage techniques.
Barbarok ideje / The Age of the Barbarians (1970)
Az 1812- es év / Year 1812 (War and Peace) (1972)
The Daily Psychedelic Video 
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