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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 yield base lubricating oils in the industry. 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

Comment by Citadelon Feb 28, 2021 7:54am
190 Views
Post# 32680882

RE:RE:The devil is in the detail

RE:RE:The devil is in the detailYeah interesting DD Andrea - thanks for sharing.

i guess we’ll hopefully find out more over the next month or two whether Giii is filling in the gap. I think the immediate opportunity for GIII may actually be better if the primary SM we’re negotiating with is not Shell, because we pretty much have an instant opportunity to partner with them as a second SM to fill in the gap in their product line (which you’ve highlighted)

Very keen to see what happens with the SP when either/both a DA and financing are announced. If you guys remember there was no movement when the LOI was first announced back in November, so was a great buying opportunity with that de-risking milestone. I’m hoping we don’t immediately jump to $3+ per share, would be great to continue flying under the radar and providing the existing SHs An opportunity to continue accumulating. 

Even with just a handful of facilities up and running this could easily trade for $2B market cap if management continues to guide the same project EBITDA expectations (assuming project financing isn’t too dilutive)
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