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Regenx

The Future of Precious Metal Recovery.
A new clean technology for recovering precious metals from end of life products.

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Bullboard - Investor Discussion Forum 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... see more

CSE:RGX - Post Discussion

Regenx Tech Corp. > No one saw these two thing in PR?
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Post by on-target on Mar 12, 2024 11:52am

No one saw these two thing in PR?

module # 1 was always talked about as having a max of 2,500 LBS/day.for commercial production.
Now, with the new PR it says three significant things.
1) It alludes to a Max commercial production from module #1 of 5,000 LBS/day.
2) It says: "Modifications, will (now), allow RGX to CONTINUE MOVING TOWARDS, its commercial production OBJECTIVE of 5,000LBS/day.

   IMO, to (CONTINUE MOVING TOWARDS) doesn't necessarily mean we won't need anymore modifications and/or down time while they're implimented. While we again think something bad has happened because the scheduled time to be at a given LBS/per day is off again.. 

IMO, to (CONTINUE MOVING TOWARDS) means just what it says, moving towards a goal without any reassurances that along the way something may happen again. This is not a bad thing. It is just what happens when a project is being built without much experience to follow or compare to.

3) Prduction Objective, of 5,000 LBS/day... the objective has changed. Why? 
From the PR what changed? Modifications is the change they say.

Then IMO the modification(S), meaning more than one, included larger capacity of whatever they installed to module #1. Thus the reason the PR also says, "will NOW allow 5,000 LBS/day.

The way I see this PR is that our project just got a lot better than it was before. IMO, each Module can now produce more product. this also means a lot more money than we were told before!!!

Do your own math. Am I wrong about what I just said?

Think about this. What if another needed modification is done before we get to 5,000 LBS/day that makes Moduel # 1 even better? no one knows. IMO, RGX will do whatever it take to achieve a production throughput of 5,000 LBS/day. But in doing so that 5,000 LBS/day or maybe something may change. This is a work in progress.
Comment by Ballsofire on Mar 12, 2024 12:15pm
I believe the original goal was 2.5 tons, which is 5000 pounds. You are correct this process is in uncharted waters and other modifications may be necessary. Like I've said before this is a revolutionary concept, if it was easy it would have been done before! 
Comment by on-target on Mar 12, 2024 1:00pm
Sorry, I made a error with the 2.5 tons being 5,000 LBS. They used LBS instead of tons, that change made me think objective vol has changed. Again sorry. But still I would like to know what Modification(S) were made. Why did RGX not include them in the report. We have a right to know.     When they replaced the gas pipe with a larger one, they told us.  Why do they hald this ...more  
Comment by smallcapstocker on Mar 12, 2024 2:13pm
Modifications to the loader
Comment by on-target on Mar 12, 2024 3:00pm
But what is the "Automated Loading System," as stated in the PR? What does this system do and what went wrong with it. Was it defective? Could it not take 24/7 operation? Could it break again? IMO any company has an obligation to its shareholders to let them know what really happened. For example compare this companies PR to RGX PR that says so little and the other PR say so much more ...more  
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Investment Opportunity

The Future of Precious Metal Recovery

  • New Cleantech recovers over 90% of precious metals from retired catalytic converters
     
  • Plant constructed in modular stages with each having 2.5 tonnes/day of capacity
     
  • 100 million USD in revenue with projected CAPEX payback less than a year
     
  • First commercial facility is currently scaling up production in Tennessee, USA
     


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Greg Pendura
780-800-0726
investors@regenx.tech