Regenx Tech Corp. C.RGX

Revenue estimates

[lscfa]

How reliable is the $100 million US revenue estimate? The older no.S do not add up. In the Nov 2022 video Greg dropped the figures to 4000 Lbs/yr of pd pt production for a 10 tpd plant which does equal $100 mil either.

 

 

	Platinum	Palladium	Total
Tonnes /yr	3,120	3120
Gms /tonne	1,500	170
Gms /yr	4,680,000	530,400
Ozs/yr	167,143	18,943
Price /oz	$900	$2,000
Annual revenue	150,428,571	37,885,714	188,314,286
Lbs /yr	10,446	1,184	11,630

 

 

 

	Platinum	Palladium	Total
Tonnes /yr	3,120	3120
Gms /tonne	295	33
Gms /yr	919,808	104,192
Ozs/yr	57,488	6,512
Price /oz	$900	$2,000
Annual revenue	51,739,200	13,024,000	64,763,200
Lbs /yr	3,593	407	4,000

 

[bailey2]

I think you should wait 90 days or so, and see how module one is going, then decide whether you want to buy Regenx, or not. Also recommend to phone IR and get back to us with an answer to your concerns. The most important view of the company from a speculative investor like myself is that Regenx appears to be the  first mover or " Tesla" of a new frontier of mining diesel catalytic

[djstone56]

Iscfa...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

[danrou]

The platinum price is quite low at 900 $US, this could make a huge difference for the annual revenues. Basically, this is the extraction cost of a Pt mine, the price cannot stay there foreever... 

[djstone56]

Danrou...my understanding from speaking with Greg a year ago is that the price of platinum and palladium won't significantly affect the bottom line.  As the price of platinum and palladium go up, so does the cost of purchasing the spent diesel catalylitic converters...and vice versa.  He explained that it was basically a net zero sum game.  The numbers may change if prices are

[calerxx]

I think he meant if the price is too low then it's not economic to mine traditionally which could favour recyclers, however it still shouldn't make much difference for middle men like regenx 

[danrou]

Good point, I did not realize that. Thank you.

[BigGrayCat]

I'd like to add a few more things to consider...  Yes, we've heard Greg say multiple times in the past $100m revenue and 20% margins.  In fact, he sometimes words it to be conservative which means that "Greg himself" must strongly believe in those numbers.  That does not mean they will hit those numbers, perhaps yes, perhaps no, but to me it means Greg believes