ReGen III Corp. V.GIII

Alternate Symbol(s): ISRJF

Energy Oil & Gas Refining & Marketing

ReGen III Corp. is a Canada-based cleantech company commercializing its ReGen, patented technology to recycle used motor oil (UMO) into high-value Group III base oils. The ReGen technology is designed to produce the highest quantity of high base lubricating oils of any re-refining process. Its ReGen technology, produces a 53% yield of Group III, which is a high-margin base oil used in the formulation of performance synthetic grade motor oils. The Company is also focused on developing its brownfield re-refinery in Texas City, Texas (Texas Facility). Its projects include Texas and Alberta. It is also engaged in Koch Project Solutions, LLC (KPS) to provide project execution management services up to turnkey delivery of the proposed Texas Facility. The Company is focused on building or enhancing UMO re-refineries and licensing its intellectual property to third parties around the world. Its first ReGen facility is in the site selection and negotiation phase in the United States Gulf Coast.

TSXV:GIII - Post by User

ReGen III Corp.

Bullboard Posts

Comment by goldbull636on Feb 26, 2020 2:26pm

142 Views

Post# 30736793

RE:RE:RE:7 month high

Yes, this is still a very viable and lucrative project!

They get approx 9 million dollars in annual carbon tax credits too.

Assuming they pay for the used oil they refine.......if oil prices go down the value of used oil should also follow.

Also look at their Jan 2020 updated company presentation......slide 28.

"Consistent margins regardless of market conditions as feedstock and end product. Posted prices rise and fall in correlation with crude oil prices. Over the past 5 years the average margin for Group III over UMO has been $4.50 (77%) and $2.03 for Group II (61%)"

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects