Regenx Tech Corp. C.RGX

CC pilot plant

[bailey2]

If Rancher got the goods from the Howard Group that the Catalytic Converter recycling pilot plant is of a modular style to process 2 tons per day, this is good news, in my opinion. The 10 tons/day  per year forecast for processing  indicates that 5 of these modules will be installed at the Davis facility. 
The numbers of dollars revenue per plant seem to be very staggering.

One 2 ton/day plant

Webinar figures- 1500 grams of Platinum per ton of CC's
                              170 grams of Palladium per ton of CC's

Spot price of Platinum $1292.47   = $41.55 per gram ( 31.1 grams in an ounce)
Spot price of Palladium $ 2333.10  = $75.51 per gram( 31.1 grams in an ounce)


1 ton of Catalytic converters =  Platinum 1500 grams x $ 41.55  = $ 62,325 
                                                 Palladium.  170 grams x $ 75.51=  $ 12,836
                                    
Total revenue per ton =  $ 75,161 per ton /day

2 Ton per Day moduar plant $150,322 per day 

If 5 modular plants are constructed revenue per day = $ 751,610 

Now it all depends on the recovery rate, and the ample supply of feedstock, ( that Davis purchases)
but if you multiply the per day revenue by days of operation per year, you get a very large number.

The best part of constructing modular plants in my opinion is that once one is constructed and in operation, you have revenue and cash flow. Each one should run profitable, on their own. Forecasting also around 20 per cent margins, and obviously, a Mineworx- Davis partnership on profits.

Is this pie in the sky? Or can Mineworx execute? Time will tell. If my figures are wrong, or calculations missed, please do your own due diligence. glta

[djstone56]

Great work with the figures Bailey! Scalability is definitely the key. Each module is relatively inexpensive on it's own, so once the first one is up and running and generating revenue, that should cover the cost of the next module...and so on. I think the revenue figures are contingent on what Davis/we have to pay for the feedstock. If 20% margins are correct, there's a lot of money to be

[Therancher]

Nice math Bailey but don't confuse Freddy with facts he will come back and trash you and GP like the lone dingo racing in for a quick meal!! Apparently he feeds on negativity while never talking to management or coming up with "details" like we do. I am not sure why there is so much distrust in Pendura when it is clear that MWX has been left back at the castle to do laundry while

[looking4details]

Excellent posts, thanks for the info.  Hopefully both you and Rancher are correct and this company realizes it's potential.