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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

Comment by eunice12on Nov 10, 2022 12:08pm
156 Views
Post# 35088759

RE:RE:Monthly investment newsletter from me

RE:RE:Monthly investment newsletter from mebailey ; I wrote .."but Greg said the dividend will be next month and IB has to be listed before that happens."     The December record date is basically the dividend date, although it may take a few days for your brokerage to allocate the shares.
I believe Greg mentioned $6M before and payout of less than a year was known long ago. In fact, $20M gross margin on a full scale plant is going to pay out a $6M cap investment perhaps 3 times per year unless the equipment wears out fast.
He said >90% recoveries although the pilot achieved 95% per the nr, so there is upside to the above numbers if the full scale plant can be as effective as the pilot using comparable amounts of chemical.
I hope that ranchhand can perk a fool like corazon up with some more tall tales of his ability to provide plant optimization skills.
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