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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 djstone56on Apr 24, 2023 9:12am
133 Views
Post# 35410095

RE:Revenue estimates

RE:Revenue estimatesIscfa...I think the word "estimate" pretty well sums it up.  Until the first commercial plant is up and running at full capacity, all we have are Greg's projections of revenues and margins.  Having said that, once the first module completes the commissioning phase and starts running feedstock at the full 2.5 t/day rate, we'll have actual revenue figures and costs to be able to extrapolate the annual revenue from a complete, 4 module plant.  I suspect that Greg is fairly confident in his numbers if he's stating them publicly like he is.  The Exchange wouldn't take kindly to a CEO intentionally misleading shareholders.  Greg has been in the game a long time.  RGX is his legacy...it's what he'll be remembered for.  I don't think he'd want to risk his reputation at this stage...
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