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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTF

Regenx Tech Corp. is a Canada-based company, which is engaged in development and commercialization of its environmentally friendly processing technologies for the recovery of precious metals. It has two operating segments, exploration, and development of mineral properties in Spain and mineral extraction through use of its equipment in North America. It is focused on the extraction of platinum and palladium from diesel catalytic converters. It provides an alternative from environmentally harsh smelters to modern technology to recover the precious metals. Its industries using catalytic converters include generators, industrial, automotive, light trucks, commercial vehicles, and heavy equipment. The Company’s subsidiaries include SME Resources Ltd., Mineworx Technologies Inc., Regenx USA Inc., and MWX Espana, S.A.U.


CSE:RGX - Post by User

Bullboard Posts
Comment by SpeckledJimon Sep 05, 2020 2:02pm
214 Views
Post# 31515621

RE:Mineworx Sept 1 Twitter

RE:Mineworx Sept 1 Twitter
I think someone at Mineworx put their comma in the wrong place. Looks like that should have been $3,853 per metric ton of e-waste to me. $38,530 per ton would put them at around 600 grams of gold per ton and they won't be getting that, but an average of 60 per ton seems about right.

I think they are more likely to make about $1,000,000 per 1000 tonnes processed. That puts the plant at about $6,000,000 per year if they are doing 6000 tonnes. This assumes a 30% margin. Still pretty good if they can pull it off!
Bullboard Posts

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