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. > 103 M funding gap will dilute GIII shareholders

<< Previous

Bullboard Posts

Next >>

Comment by lscfaon Jun 28, 2022 9:36am

140 Views

Post# 34787012

RE:103 M funding gap will dilute GIII shareholders

Dilution will be more likely by giving JV partner bigger share but still irrelevant due to extreme undervalued stock price.

	Old capex	New capex
Capex	175	293
75% Debt	131	220
25% equity	44	73
ebitda	200	230
12% debt Interest	16	26
5% depn	8.75	14.65
ebt	176	189
Co’s JV share	50.0%	40.0%
Co project ebt	88	76
Co. cash exp	-10	-10
Co. ebt	78	66
30% Income tax	23	20
Net income	54	46
Diluted shs	124	124
eps	$0.63	$0.53
Multiple	20	20
Sh value $US	$12.54	$10.58
fx rate	1.25	1.25
Sh value $cdn	$15.68	$13.22