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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 bailey2on Sep 12, 2023 7:18am
161 Views
Post# 35630849

RE:RE:RE:RE:Billion Dollar Company

RE:RE:RE:RE:Billion Dollar CompanyThe big players-smelters and recyclers  have literally no place to put their retired diesel CC's and have not apparently developed a soluton to recycle and get in on the present desire to be applauded for using recycled pgm's for their needs. If one thinks that all things that need diesel cc's and or pgms such as trucks, heavy equipment, generators, and not to forget the large amount of platinum needed for hydrogen fuel cells, is going away anytime soon, they are on drugs. There are some companies sitting on NDA's with RGX and awaiting the results of module one. If it works, and is anywhere near profitable, and with the availability of a possible revenue stream for carbon credits, there will be some sort of partnership, royalty model, etc. Because of the extremely  low capex to build out the modules, I believe that in the end, once all the arithmetic is done on the workings of module one, there will be some kind of licensing royalty model, with the amount of royalty being factored in by both projected revenue and carbon credits. If this happens there is a possibility that the remainder of tbe first plant in Greeneville, which will be half funded by Davis, could also be taken out of the equation and funded by a much larger company. Presently, judging by the lack of selling and the lack of buying, literally everyone is awaiting the results of module one. It's all smoke and mirrors until it reaches nameplate tonnage. Is this another microcap where the CEO is promising the world, and the results fall short of expectations? Apparently we will know in the coming several weeks or months. Regenx appears to be on a diet, and the investment community is starving for actual news releases not conjecture from their CEO. The "low hanging fruit" will eventually fall off the tree, and be picked up, by someone else....imho
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