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Bullboard - Stock Discussion Forum ReGen III Corp. V.GIII

Alternate Symbol(s):  ISRJF

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... see more

TSXV:GIII - Post Discussion

ReGen III Corp. > halted
View:
Post by Marphine on Mar 29, 2021 9:05am

halted

At the Request of the Company Pending News



If it's the SM agreement, the days below 2$ are probably history?
Comment by TurtleDove on Mar 29, 2021 11:39am
Although not the SM, this PR is very positive! Firms like Koch dont get involved on a whim.  You have to think announcement of SM deal is any day now.  GLTA
Comment by lscfa on Mar 29, 2021 11:47am
Was the size of this US re-refinery prevoiusly disclosed? 78 million gallons/year      
Comment by lscfa on Mar 29, 2021 11:54am
The US refinery at 5600 bpd is 3.6x larger than the Alberta refinery which is forecast to do $109 million/yr at 50% ebitda margin.   Still forecasting in MD&A good revenues from Alberta project when built, although down from older MD&A's which also indicated 50% ebitda margins.... At an estimated price of CDN $5.10 per gallon for Group III and escalated at 2% inflation rate ...more  
Comment by lscfa on Mar 29, 2021 12:10pm
Alberta refinery upsized too, from 1540 bpd to 2800 bpd.... Jan 7/21 - Based on this formula, Gen III’s 2,800 bpd Alberta and 5,600 bpd US Gulf Coast projects represent a combined CO 2 e emissions reduction of over 1 million tonnes per annum.
Comment by TurtleDove on Mar 29, 2021 12:39pm
Based on their estimated 5,600BPD they technically should be able to do 85.5M Gallons a year. 
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