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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTD

Metals & Mining Industrial Metals & Minerals
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

Regenx Tech Corp. > MWX Davis Value Analysis
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Comment by Halfblindon Feb 22, 2022 2:59pm
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Post# 34451269

RE:RE:RE:RE:MWX Davis Value Analysis

RE:RE:RE:RE:MWX Davis Value AnalysisFrom their Q3 2021 Update under Capital Commitments they say " ... The Company expects that any property and equipment expenditures incurred, based on future needs, will be funded from working capital and/or from operating or capital leases."  This a probably a vanilla statement, but I'm hoping that the PGM JV will provide adequate cashflow to fiscal needs or at least demonstrate enough stability to garner bank financing at a reasonable interest rate so as to avoid more shareholder financiang activities that increase share dilution.
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