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 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.

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ReGen III Corp > Definitive agreement reached

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Comment by lscfaon Feb 03, 2022 9:20am

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Post# 34392535

RE:Definitive agreement reached

The share of project given up is better than the 50% I expected....

	US refinery	US refinery
Bpd	5600	5600
Revenue $ mil	396.4	396.4
50% ebitda margin	198.2	198.2
Co’s JV share	50.0%	71.5%
Co’s JV share	99.1	141.7
Co. cash exp	-10	-10
Co. ebitda	89.1	131.7
Diluted shs	122	122
ebitda/sh	$0.73	$1.08
Multiple	12	12
Sh value	$8.76	$12.95

	US refinery	US refinery
Bpd	5600	5600
Revenue $ mil	396.4	396.4
50% ebitda margin	198.2	198.2
Co’s JV share	50.0%	71.5%
Co’s JV share	99.1	141.7
Co. cash exp	-10	-10
Co. ebitda	89.1	131.7
Diluted shs	122	122
ebitda/sh	$0.73	$1.08
Multiple	12	12
Sh value	$8.76	$12.95