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Bullboard - Stock Discussion Forum Regenx Tech Corp. RGXTD


Primary Symbol: C.RGX

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

Bullboard (CSE:RGX)

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Post by People585on May 22, 2024 9:49am

rights exercise gut feeling even after substantial losses

i'm still having trouble on whether to reinvest in this company .....
Comment by bailey2on May 22, 2024 7:33am

RE:RE:RE:RE:RE:PLEASE PLEASE COMMENT

I like the huge potential of carbon credits as a separate stream of revenue, that polluters would love to purchase from RGX. The fact that RGX only has Davis as a partner for U.S. operations is good ...more  
Comment by lscfaon May 22, 2024 1:06am

RE:RE:RE:PLEASE PLEASE COMMENT

Your estimate of corp cash costs is overblown....     Qtr ending CFO Sep 23 (1,200,900)  ...more  
Comment by lscfaon May 22, 2024 12:57am

RE:RE:RE:RE:PLEASE PLEASE COMMENT

p.s. if plant economics are favourable RGX should be able to attract project financing, bank financing, etc. to build more modules in lieu of licensing to others. We need an operating history with ...more  
Comment by lscfaon May 22, 2024 12:48am

RE:RE:RE:PLEASE PLEASE COMMENT

Forget about RGX overhead and focus on plant economics. Your $6.6M cash flow no. would mean a very low 1.5 yr payback period. When RGX gets this module 1 running smoothly it can prove the 1.5 yr ...more  
Comment by AlfTanneron May 21, 2024 10:52pm

RE:RE:PLEASE PLEASE COMMENT

lscfa, unfortunately, there is no evidence that they can run just one module continuously.  My guess is that the vats and pipes get clogged with sediment, and the spend just as much time cleaning ...more  
Comment by lscfaon May 21, 2024 1:30pm

RE:PLEASE PLEASE COMMENT

Assume 4 modules generate $50M /yr (not mgmt's $100M), has cash flow of $7.5M (15% of revenue) and the capex is $10M. Then the payback period is only 1.33 yrs (not mgmt's < 1 yr). That is ...more  
Post by Investornot1on May 21, 2024 12:18pm

PLEASE PLEASE COMMENT

I have really really tried to find a statement somewhere in the many webinairs , emails ,youtube whatever ,that I actually believed. My bad I can't, so therefor the only outcome I can see of ...more  
Comment by AlfTanneron May 17, 2024 8:52am

RE:RE:RE:RE:RE:RE:Davis Recycling

I should have said the losses are running around $2M per quarter.  Not all the losses are cash.  For example, $400k in Q3 was "Share-based payments".
Comment by lscfaon May 16, 2024 11:56pm

RE:RE:RE:RE:RE:Davis Recycling

Q2 23 cash burn was $1M,  Q3 23 cash burn was $1.2M
Comment by AlfTanneron May 16, 2024 7:04pm

RE:RE:RE:RE:Davis Recycling

Atechnician, last time I checked, this company was burning through about $2M per quarter.  How much do they plan to raise during the rights offering?  I agree that the money is probably ...more  
Comment by Atechnicianon May 16, 2024 5:19pm

RE:RE:RE:Davis Recycling

Forget about buying feedstock. Most of the RO money has, probably, already been spent before the offer is closed. Working capital as at February 29, 2024 is $252,777, that is right after the 1.7M ...more  
Comment by AlfTanneron May 16, 2024 3:37pm

RE:RE:Davis Recycling

Regenx management told investors that getting catalytic converters would be no problem because there were mountains of them out there that no one wanted, and Davis Recycling could get all they needed. ...more  
Comment by BurconNutriFanon May 16, 2024 3:19pm

RE:Davis Recycling

Davis and rgx are partners only because each needs something from the other. You are as naive as rancher about business matters.  In the oil business everyone ends up with unwanted partners ...more  
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